shale oil

noun

Definition of shale oil 

: a crude dark oil obtained from oil shale by heating

Examples of shale oil in a Sentence

Recent Examples on the Web

Pioneer has around 750,000 acres in the Midland Basin portion of the Permian, which is the center of shale oil and gas drilling in the United States. Rye Druzin, San Antonio Express-News, "Texas oil company sells Colorado acreage," 22 June 2018 And there was no cheaper place to pump shale oil than in the Permian. David Wethe / Bloomberg, Time, "Why This Sand From Texas Is Suddenly Worth $80 a Ton," 10 July 2018 This Bloomberg QuickTake looks at OPEC and how the cartel is facing an epic battle against shale oil. Bloomberg.com, "OPEC: Bloomberg QuickTake (Audio)," 22 Aug. 2017 The next round of mergers and acquisitions is expected to be led by Australia’s BHP Billiton, which is selling its roughly $10 billion portfolio in shale oil and gas assets in Texas, Arkansas and Louisiana, the report said. Jordan Blum, San Antonio Express-News, "Oil, gas deal surge likely in coming months," 11 July 2018 Of course, the shale oil surge wouldn't have happened without the horizontal drilling and hydraulic fracturing techniques used to triggered the shale gas revolution. Jordan Blum, Houston Chronicle, "Study: U.S. natural gas production to surge 60% in 20 years," 20 June 2018 Now oil prices play a more nuanced role: There’s been a boom in shale oil production, helping reduce petroleum imports and boost exports. Bloomberg.com, "Trump’s Oil Rant Misses New Reality: High Prices Can Help, Too," 20 Apr. 2018 Commodity and oil prices are already softening as a result, which could ricochet into U.S. shale oil investment. Greg Ip, WSJ, "U.S. Turns From Uniter to Disrupter on Global Stage," 20 June 2018 Abraxas’ holdings in the North Dakotan Bakken shale oil field — where the company has the majority of its producing wells — totals 22,000 acres. Rye Druzin, San Antonio Express-News, "San Antonio oil CEO says business is getting tough for smaller drillers," 29 May 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'shale oil.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of shale oil

1857, in the meaning defined above

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Dictionary Entries near shale oil

shale clay

shale green

shale naphtha

shale oil

shalier

shaliest

shall

Statistics for shale oil

Last Updated

15 Oct 2018

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Time Traveler for shale oil

The first known use of shale oil was in 1857

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