Unconventional Oil

Filed Under » , ,
Dictionary Says

Definition of 'Unconventional Oil'

A type of petroleum that is produced or obtained through techniques other than traditional oil well extraction. Unconventional oil production is commonly seen as more costly than conventional oil and, in most cases, is much less efficient. However, the ever-increasing global demand for petroleum, combined with its shrinking supply, has more firms turning to unconventional oil.
Investopedia Says

Investopedia explains 'Unconventional Oil'

The primary sources of unconventional oils are heavy oils, oil sands, oil shale and tight sands. Companies aiming to extract oil from these unconventional sources are faced with the high costs and inefficiencies of current extraction technology. As well, extracting and refining oil from these sources has a negative environmental impact, which lessens the merit of unconventional oil.

Articles Of Interest

  1.

    Uncovering Oil And Gas Futures

    Find out how to stay on top of data reports that could cause volatility in oil and gas markets.

  2. Fueling Futures In The Energy Market

    The energy market influences every aspect of our lives, and these four options are its driving force.

  3. A Primer On Offshore Drilling

    Learn the important ratios and terms that you'll need to know to get involved in this trading sector.

  4. Peak Oil: What To Do When The Wells Run Dry

    Find out how to invest and protect your investments in this slippery sector.

  5. Oil And Gas Industry Primer

    Before jumping into this hot sector, learn how these companies make their money.

  6. Unearth Profits In Oil Exploration And Production

    Drill down into financial statements to tap into the right companies and let returns flow.

  7. Should You Trust Your Instincts On Gold?

    The trouble with gold is that even as stocks are going up and the gold price is hurting, investors and central banks are loading up on gold and silver like never before. There’s a disconnect ...

  8. Petrobras Will Grow, But Will It Be Profitable Growth?

    Petrobras is looking at tremendous production growth, but also huge capital outlays.

  9. Seadrill Still In Motion, But Delivering Better Utilization And Dividends

    Still an aggressively-run company, Seadrill offers highly leveraged exposure to the growing offshore drilling market.

  10. Playing The Big Winners In U.S. LNG

    For U.S. producers of natural gas, exporting that bounty is seen a necessary way to profit from higher demand overseas as well as higher prices. The potential of those exports received a major ...
comments powered by Disqus
Marketplace
Hot Definitions

  1. Network Effect

    A phenomenon whereby a good or service becomes more valuable when more people use it. The internet is a good example...

  2. Racketeering

    Racketeering refers to criminal activity that is performed to benefit an organization such as a crime syndicate. Examples of racketeering activity include...

  3. Lawful Money

    Any form of currency issued by the United States Treasury and not the Federal Reserve System, including gold and silver coins, Treasury notes, and Treasury bonds. Lawful money stands in contrast to fiat money, to which the government assigns value although it has no intrinsic value of its own and is not backed by reserves.

  4. Fast Market Rule

    A rule in the United Kingdom that permits market makers to trade outside quoted ranges, when an exchange determines that market movements are so sharp that quotes cannot be kept current.

  5. Absorption Rate

    The rate at which available homes are sold in a specific real estate market during a given time period.

  6. Yellow Sheets

    A United States bulletin that provides updated bid and ask prices as well as other information on over-the-counter (OTC) corporate bonds...
Trading Center