Chapter 815 Shale Oil Recoverable Reserves

The departure of the French will seriously affect the morale of the army! The next one, I am afraid, will be Spain! Originally, Spain planned to watch the good show of Britain, and Spain was still thinking about how to recapture Gibraltar! If it were not for the coercion and inducement of the Americans, Spain would not send warships to follow the formation. Now that the Argentine Navy has a killer weapon, the Spanish will definitely leave the formation!

Next, there will definitely be navies from other countries leaving, and in the end, it will become the US Navy and the British Navy! In this way, the original plan will be ruined!

Another purpose of forming the joint fleet this time is, of course, to use this title to continue to rule the whole of Europe and let Western Europe know that the United States is still the boss! Now, the authority of the boss is also declining! The French are disobedient, which has a bad effect. Then others will disobey, and finally, the whole of Western Europe will try to get rid of the United States!

No, we must use force! However, if more aircraft carrier battle groups are really deployed, the additional military expenditure will be an astronomical figure! Especially now, the US economy is also facing a serious crisis.

With the Soviet Union's breakthrough in the Middle East, the US dollar oil system has become a bubble. It can be predicted that as the US dollar continues to flow back to the United States, the US currency that has been over-issued over the years will make the US economy even worse! Once the momentum of the dollar's depreciation begins, it will get worse and worse! The United States is now almost entirely supported by oil exports, and this huge war will make the United States even more unable to make ends meet.

Love this translation? Read 5+ chapters ahead at **wtr-lab.com** - No registration required!​​

Who would have thought that the United States would fall to this point, because it has no money, so it dares not to fight! However, even if it means swell up its face and pretend to be fat, it must complete this war. This is the mission of the United States!

Thinking of this, Reagan asked Secretary of Energy James Edwards: "James, has our shale oil production increased further? Our country's economy now depends on our energy industry!"

Reagan's question was naturally to see the progress of the oil industry. As long as investment continues, more shale oil can be extracted! Thanks to shale oil, the US economy has been transformed and revitalized!

Unexpectedly, after hearing his words, James' face showed a look of helplessness. James moved his mouth a few times, but still couldn't say a word.

This chapter brought to you by WTR-Lab ↠ Instant access to 10,000+ web novels!​​

Reagan was stunned: "James, what is it? Just tell me directly!"

"We at the Energy Information Administration are now reassessing our Monterey shale oil base, and it is possible that our previous forecasts were inaccurate and we may significantly lower the recoverable reserves of Monterey shale oil," James said.

Reducing reserves? Reagan was stunned when he heard this. Now, the US economy is recovering, all thanks to shale oil! Now, shale oil production is being reduced?

🚫 *Stop scrolling!* Your next favorite novel awaits → **wtr-lab.com**​​

"Why?" Reagan asked.

"Several of our oil wells that were mined in the early stages were originally expected to have a four-year mining lifespan. But now, in less than a year, we are suddenly unable to extract shale oil. We have also sent people to investigate. It is possible that this is just a false alarm," James continued.

The reserves and recoverable amounts of shale oil are not the same. If the cost of mining is too high or there are too many impurities produced, then it is not worth mining.

⚠️Pirated copies miss details! Read the **definitive version** at wtr-lab.com today!​​

James only received this news yesterday afternoon. After receiving the news, he immediately sent experts to investigate. He hopes that it is just a false alarm!

Monterey shale oil base, Texas.

Why read excerpts? Dive into **complete novels** → **wtr-lab.com**​​

This is the main shale oil production base in the United States. Since the continuous reduction of oil production in the Middle East and the gradual increase in prices, the United States has increased its domestic oil production. Among them, the large-scale exploitation of shale oil is a technological breakthrough. After the maturity of this technology, the United States has become an oil exporter. In addition, the original oil reserves of the United States have begun to be exploited again. The oil production of the United States has gradually increased. In addition to supplying domestic use, it is also continuously exported to Europe.

Thanks to high oil prices, the production of shale oil is very profitable. Precisely because the production of shale oil is related to the energy security of the United States, it has received high support from the US government. Despite the constant clamor from environmentalists, the United States will not stop the exploitation of shale oil.

"Baker, what's going on?" Just when the White House was still worried about the war in the South Atlantic, American oil expert John Stubb, with a large team of technicians, hurried to the Monterey shale oil base.

There are oil wells everywhere here. It is precisely because of the large-scale exploitation of shale oil here that the United States continues to have stable energy after losing the Middle East. But now, the oil wells here suddenly have problems, which makes them very concerned.

🔔 *Update Alert!* New chapters drop hourly ↠ **wtr-lab.com**​​

"These oil wells of ours were the first to be mined. According to expectations, they can continue to produce for at least three years. However, the shale oil produced began to decrease sharply a few days ago, and now they are almost dry wells," said Baker, the person in charge.

An oil well is divided into four life cycles: the growth stage, the development stage, the maturity stage and the decline stage. Last year, the shale oil extracted here using the water fracturing method has entered the mature stage and the output is very stable. According to the prior exploration, the water fracturing method is continuously used to develop to the lower layer, and a steady supply of shale oil can be extracted.

**[Loading...]** Full chapter available on WTR-Lab. Click to continue reading →​​

Now, the oil wells that were entering the mature stage have suddenly become dry wells!

This was a big deal for the United States! As an oil expert, John immediately led his technical staff to start a new round of surveys.

What exactly happened? As long as we drill deeper with the drill rod, we will be able to detect what happened below!

After using the water fracturing method, the underground had become very soft, and the drilling equipment quickly went deep into the ground. It took several hours to drill below the mined stratum.

🌐 *Global Community* - Discuss novels live at **wtr-lab.com**​​

The data was constantly being summarized, and after a whole day of hard work, John finally came to a preliminary conclusion.

The Monterey Shale layer is located in the active zone of Southern California. The geological structure here has too many fractures and fragments. After the shale oil in the upper layer was mined, a slight earthquake was triggered when the wastewater was backfilled. As a result, the lower layer of the oil well here caused greater distortion and splitting of the rock layer. Therefore, the shale oil below can no longer be mined!

A shale oil well with a maturity period of four years has been mined for less than a year! If this situation exists in large numbers, the recoverable reserves of Monterey's shale oil base will be greatly reduced!

🔥 *Hot New Release!* Translated with **95% accuracy** - **wtr-lab.com**​​

Previous forecasts had it that there were 13.7 billion barrels of recoverable shale oil reserves here. Now it seems that with existing technology, it would be good if we could extract 700 million barrels!

So far, the shale oil reserves in Monterey account for 64% of the total reserves in the United States! If the reserves here are greatly reduced, the myth of shale oil may be shattered!