Drilling California: A Reality Check on the Monterey Shale
Drilling California by J. David Hughes is the first public analysis of actual oil production data from the Monterey Shale and the formation's geological characteristics. It finds the U.S. Department of Energy's widely cited estimates of 13.7 to 15.4 billion barrels of recoverable tight oil to be "highly speculative."
Founded in 2003, Post Carbon Institute is leading the transition to a more resilient, equitable, and sustainable world. The Institute has gathered 30 of the world's leading experts on a wide range of interdependent social and scientific issues.