Monterey Shale

News

U.S. officials cut estimate of recoverable Monterey Shale oil by 96%

Published: 
Mon, 05/26/2014 (All day)
Category: 
Energy

Federal energy authorities have slashed by 96% the estimated amount of recoverable oil buried in California's vast Monterey Shale deposits, deflating its potential as a national "black gold mine" of petroleum.

News

Vast oil trove trapped in Monterey Shale formation

Published: 
Mon, 04/07/2014 - 4:31pm
Category: 
Energy

A bustling city is sprouting on five acres here, carved out of a vast almond grove. Tanker trucks and heavy equipment come and go, a row of office trailers runs the length of the site and an imposing 150-foot drilling rig illuminated by football-field-like lights rises over the trees.

News

Acidizing could rival fracking in Monterey Shale

Published: 
Wed, 08/28/2013 - 10:13pm
Category: 
Energy

Fracking hasn't unleashed an oil production boom in California, at least not yet.