United States

Unconventionals Create Discontinuity

Jan 30, 2015
From the Global Energy Institute


An industry discontinuity has been unleashed through the combination of horizontal drilling with advances in well fracturing and completion techniques, creating a rapidly emerging asset class commonly referred to as “unconventional”, which refer to the extraction of gas and light tight oil (LTO) from shale source rock. This discontinuity has had substantial impacts on North American gas and oil prices, as well as on industry participants across the value chain.

This article appeared in the Jan 2015 issue of Oil & Gas Financial Journal and appears here with the publisher's permission.

Read Unconventionals Create Discontinuity