March 2015, Vol. 242, No. 3


Can Shale Formations Enable U.S. to Become Oil Exporter?

In recent years, the technological advances in recovering hydrocarbons trapped in tight formations, like shale, using unconventional drilling methods (horizontal drilling in conjunction with multi-stage hydraulic fracturing) have made U.S. oil production grow dramatically. The growth in crude oil production from tight oil formations is about a fourfold increase from 2008 to 2012. In 2008, tight oil production accounted for 12% of total U.S. crude oil production, whereas in 2012, it accounted for 35% of total U.S. production. Tight oil productions, as of mid-2014, accounted for over 50% of U.S. crude oil production. Shale Oil Vs. Tight Oil Before we go further, a quick note on difference b

Log in to view this article.

Not Yet A Subscriber? Here are Your Options.

1) Start a FREE TRIAL SUBSCRIPTION and gain access to all articles in the current issue of Pipeline & Gas Journal magazine.

2) SUBSCRIBE to Pipeline & Gas Journal magazine in print or digital format and gain ACCESS to the current issue as well as to 3 articles from the PGJ archives per month. $199 for an annual subscription*.

3) Start a FULL ACCESS PLAN SUBSCRIPTION and regain ACCESS to this article, the current issue, all past issues in the PGJ Archive, access to all special reports, special focus supplements and more. $1,395 for an annual subscription.  For information about group rates or multi-year terms, contact J'Nette Davis-Nichols at or +1 713.520.4426*.



*Access will be granted the next business day.

Related Articles


{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}