Tight Oil
Recently, Cairn Oil & Gas has announced that it is partnering US-based Halliburton to start Tight Oil (also known as shale oil) exploration in the Lower Barmer Hill formation, Western Rajasthan.
About Tight Oil
- Also known as shale oil, shale-hosted oil or light tight oil, it is light crude oil contained in petroleum-bearing formations of low permeability, often shale or tight sandstone.
Tight Oil Extraction Methods
- Mined shale oils are transported to the processing plants, heated to 5000C, and oil comes out from these rocks.
- Oil shale is broken by explosion and Kerogen comes out like crude oil from these rocks.
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Economy Watch
- 1 India Lists First Mortgage-Backed Pass Through Certificates on NSE
- 2 Bond Forward in G-Secs
- 3 4th Phase of Consolidation of Regional Rural Banks
- 4 SIDBI’s Report on MSME Sector
- 5 Pradhan Mantri Formalisation of Micro Food Processing Enterprises Scheme
- 6 RBI’s Surplus Transfer: A Catalyst for India’s Economic Growth
- 7 RBI’s Digital Lending Directions 2025
- 8 RBI Recognises FIMMDA as SRO
- 9 MSP for Jute
- 10 Expansion of the Credit Guarantee Scheme for Startups
