Russia Upstream Magazine

Short-Term Well Operation (STWO) as Effective Method of Shale Oil Extraction

Kuzmichev N. P. Petroleum 21st Century LLC, Almetyevsk A surge in the production of shale oil in the United States over the past decade caused oversupply on the world oil market. Between 2005 and 2013, oil production rose from 5.18 million to 7.44 million barrels per day. In December 2014, …

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