New oil and gas — Technology leads the way

  • Jacques Halfon

Abstract

Following the sharp rise in oil prices in 1973, oil companies endeavoured to increase their reserves and production. This was attempted through the development of unconventional oil from bituminous shales or tar sands and the extensive use of enhanced oil recovery. However, when oil prices dropped in 1985, such projects were no longer viable due to the huge investments required. Subsequently, new reserves were found by applying new techniques to the search for traditional oil and gas accumulations.

Keywords

Horizontal Well Salt Diapir Depth Migration Bituminous Shale Deltaic Environment 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Kluwer Academic Publishers 1996

Authors and Affiliations

  • Jacques Halfon
    • 1
  1. 1.Exploration and ProductionElf AquitaineCédex 45Paris La DéfenseFrance

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