Shale Revolution: The Wildcatters Who Changed the World

Shale Revolution: The Wildcatters Who Changed the World

Assessment

Interactive Video

Business, Architecture, Biology

University

Hard

Created by

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FREE Resource

The video explores the journey of wildcatters like Harold Hamm and Scott Sheffield in revolutionizing the oil industry through shale drilling. It highlights the challenges and breakthroughs in the 90s, focusing on the Williston Basin and Bakken. The narrative follows Pioneer's strategic shift to the Permian Basin and Eagle Ford, leading to a shale revolution. The mastery of the fracking process by geologists and the development of the Eagle Ford play are discussed. The video concludes with insights into the future of shale and the associated costs.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What method did Harold Hamm and other wildcatters use in their exploration efforts?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges did the oil industry face in the 90s that affected market confidence?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How did Harold Hamm's approach differ from other operators in Montana and North Dakota?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the significance of the discovery made in the Bakken formation?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What led Pioneer to refocus its efforts on the Permian Basin and Eagle Ford?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the impact of technology on the production rates in the Eagle Ford play?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the wildcatters contribute to the growth of the shale industry?

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