The Role of Enhanced Shale Oil & Gas Recovery in the Us & Development & Pricing of Significant Potential Shale Production in Other Countries Such As South America, Canada, & Europe/Asia2018/2019

Abstract

Davis L. Ford

The Role of Science in Developing Enhanced Oil & Gas Resources, Being Environmentally Sound, & Protecting Water Use • Global transformation with fossil fuel as primary source which have an effect on GDP, export/import changes, and global effects on pricing • History of evolution of oil and gas production in the United States • Global development: European Community, India, China, Brazil, Chile, Argentina and Mexico all have proven reserves • All time high extraction of tight natural gas and oil being environmentally sound and protecting domestic water supplies • Hydraulic fracking below potable water supplies • Drilling Diagrams – Vertical and Horizontal, Proper Casing  Record pace of pipeline construction to supply refineries & terminal ports  Pronounced effect on GDP • Natural gas treatment, delivery, from source to energy deficient countries exported as LNG • Cost subsidies and economic pricing of oil and gas extraction, hydro power, coal, nuclear, wind, and solar. Cost of power by region • There are no “Dry Holes” and more attributes of highly advanced geological technology

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