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Will Latin America join petroleum’s new world order?

Abstract:

The surge in crude oil and natural gas liquids production from the USA and Canada, totalling over 6 million barrels/ day (mb/d) since 2006–7 (see graph on right), is a remarkable achievement of technological innovation and risk taking. This liquids growth arrived on the heels of large-scale and low-cost development of natural gas supplies from so-called tight or unconventional formations. US production growth has been driven by long-term improvements in the application of both the art and ...

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Publication status:
Published
Peer review status:
Peer reviewed

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Journal:
Oxford Energy Forum
Volume:
98
Issue:
November 2014
Pages:
9-13
ISSN:
0959-7727
Keywords:
UUID:
uuid:3358926f-54a3-4f9d-b303-b185b1a29aab
Deposit date:
2015-04-24

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