Incredibly, some of the easiest and cheapest untapped oil out there lies right here at home.
Officially Strezhevoy was founded in 1966, when they first began to pump the oil out.
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It is the first time Iraq's semi-autonomous Kurdish region has officially exported oil out of the country.
Would Iran cut off the flow of oil out of the Middle East?
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And wringing rock oil out of rags would not exactly get to scale.
Apache's employees are old pros at wringing more oil out of aging oilfields.
Much depends on the wind, which could push the oil out towards the open sea or in the other direction.
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We intend to take oil out of the third, the kill line, with the Helix Producer once the weather calms down.
Like most big integrated U.S. oil outfits, ExxonMobil is very efficient at getting oil out of the ground and refining it.
This is where somebody--the government, usually--imposes an orderly drilling plan to get the maximum amount of oil out of the ground.
There are also rumours in the market that the Saudis are finding it more difficult to lift oil out of the ground.
The idea is that by pushing carbon dioxide in, you can get more oil out - so making money for the taxpayer.
The willingness comes from the need to borrow more dollars in coming years in order to get that oil out of the ground.
They all face roughly the same (world) demand curve, but each country will have a different marginal cost for getting the oil out.
But in the race to get the higher-priced oil out of the ground as quickly as possible, many companies are simply burning it.
Oh, sure, ADM operates factories that crush oil out of soybeans and sunflowers, grind wheat into flour and turn cocoa beans into powder.
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On federal lands, Shell has been researching methods to cook oil out of the shale (basically oil-soaked rock) without mining it or polluting groundwater.
The campaign forced Shell to stop pumping oil out of Ogoniland but it continues to operate pipelines in the region and spills have continued.
Ramming water into an old oilfield to push oil out, a technique that goes back to the late 19th century, is a common Encore exploit.
Too many wells release the natural pressure in the field, like fizz from a soda can, and it becomes too expensive to pump the oil out.
Among those sending oil out through those Straits is Iraq, which is on track to become the second biggest exporter of oil by 2035, after Russia.
Such a deal would certainly be good for Yukos-Sibneft, which would be able to get its oil out through a partner with world-wide distribution and refining facilities.
Then, those pumping oil out of the ground saw the higher futures prices and figured, why pump it out today when it will be worth more tomorrow?
The carbon dioxide, injected deep into the reservoir, basically scours the oil out of the rock and pushes it upward where it can flow into a well.
The Barryroe field is now thought to have as much as 500 million barrels of recoverable light oil out of a total reservoir of 1 billion barrels.
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And it plans shortly to sell almost 100 of its older wells in Brazil to foreign firms that have the technology to squeeze more oil out of them.
They will soon bioengineer bacteria to melt oil out of tar sands, turn grass into diesel fuel and scavenge natural resources of every kind out of low-grade, thinly dispersed deposits.
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