Monterrey

Article

Drilling
Bakken
Eagle Ford
Fayetteville
Haynesville
Marcellus/Utica
Monterrey
Niobrara
Rockies
Permian Basin
SCOOP/STACK
U.S. Offshore
Industry Trends
Industry & Analysis
Forecast

As U.S. drilling plummets to 122-year low, losses may intensify in second half

September 2020

The catastrophic demand decline initiated by coronavirus lockdowns significantly damaged the U.S. oil industry, with oversupply, historically low storage capacity, and low prices. Operators responded by stacking rigs and shutting-in production.

News

Shale
Geology & Geophysics
North America
U.S. Onshore
Monterrey

California’s Monterey shale holds 21 MMbbl of recoverable oil: USGS

October 06, 2015

The Monterey formation in the deepest parts of California’s San Joaquin basin contains estimated mean volumes of 21 MMbbl of oil, 27 Bcf of gas and 1 MMbbl of NGL, according to the first USGS assessment of unconventional, technically recoverable resources in the Monterey formation.