Not So Prolific: U.S. Shale Faces A Reality Check
U.S. shale’s possibilities may seem endless, but the low hanging fruit in terms of efficiency and costs savings has been picked and therefore current discoveries might not be so prolific.
U.S. shale’s possibilities may seem endless, but the low hanging fruit in terms of efficiency and costs savings has been picked and therefore current discoveries might not be so prolific.
In 2011, solar power reached a tipping point. This was the year when the solar industry had saved more greenhouse gases than it emitted.
The global energy transition remains in a state of net forward momentum as of the end of November.
On 16 November 2016 the International Energy Agency (IEA) presented its annual ”World Energy Outlook” report (WEO-2016).
The recent USGS announcement about the Wolfcamp play may inspire another round of company presentations to investors, and perhaps even a spurt of new drilling, but it probably won’t much change the overall picture.