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To: Nifster

http://www.slb.com/~/media/Files/industry_challenges/unconventional_gas/industry_articles/20133001_world_oil_monterey.pdf

Progress is slow, but there are about 3 dozen rigs working the Monterey Shale plays.


25 posted on 12/03/2013 7:24:05 AM PST by thackney (life is fragile, handle with prayer)
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To: thackney

This bit of fluff from the oil industry is about an area that has produced oil for more than 100 years. It borders the Kern oil fields. You also notice from the article that there is NO mention of actual tracking or otherwise dealing with the shale to give up its oil.

Colorado Shale fields were in this same state in the 70s. Much was claimed, much was ‘started’….nothing was produced and all major players have pulled out.

Do not kid yourselves. California is NOT North Dakota. This will never come to fruition EVEN IF the technology were there


29 posted on 12/03/2013 7:35:27 AM PST by Nifster
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