RAMADy, Mahdi OPec in a sHALE oil world –where to NEXT? With PREFACE by Dr. Sadad Al Husseini , former Board Member and Executive Vice President , Saudi Aramco. "OPEC has played an important role since its founding and continues to do so, but it has to recognize that this role has now changed and the organization has to adapt to new challenges. This book provides some possible solutions" Abdulsamad Al Awadhi, former Kuwait National Representative at OPEC . "Authoritative, well-informed, and excellent account of the role of OPEC in managing the oil market, present, past, and future" Hassan Qabazard, former Director of Research Division , OPEC. ". The call for action by Mohamed Ramady and Wael Mahdy in this book makes it clear that time, and not oil, is the precious commodity that is running out fast on OPEC’s side", Sadad Al Husseini , former Board Member and EVP Saudi Aramco “OPEC is dead. Long live OPEC”. The organization is now going through a mid life crisis in its 54 years of existence trying to figure out where it goes next in a world where OPEC has been relegated from being the energy swing producer, and Saudi Arabia as the ‘Sultan of the Swing,’ to one where it now faces competition from both non- OPEC traditional well as non-conventional shale producers. The Authors examine how OPEC has had to come to terms with the reality that the earlier decades ‘call on OPEC’ has now been replaced by a ‘call on non-OPEC’ and that a new ‘swing’ has been identified- the producers of shale oil. Drawing upon the Authors combined academic and practical first hand insights on OPEC, the book discusses how a new OPEC paradigm has emerged following the oil price rout of 2014, whereby the organization’s principal concern is now protecting market share, without being in charge unlike earlier fleeting periods of the late 1970’s, which brought with it a lasting myth of the OPEC cartel. Mohamed Ramady is Visiting Associate Professor, King Fahd University of Petroleum and Minerals, Saudi Arabia; Wael Mahdi is Bloomberg OPEC Energy Correspondent.

Unconventional Petroleum Geology, Second Edition presents the latest research results of global conventional and unconventional petroleum exploration and production. The first part covers the basics of unconventional petroleum geology, its introduction, concept of unconventional petroleum geology, unconventional oil and gas reservoirs, and the origin and distribution of unconventional oil and gas. The second part is focused on unconventional petroleum development technologies, including a series of technologies on resource assessment, lab analysis, geophysical interpretation, and drilling and completion. The third and final section features case studies of unconventional hydrocarbon resources, including tight oil and gas, shale oil and gas, coal bed methane, heavy oil, gas hydrates, and oil and gas in volcanic and metamorphic rocks. Provides an up-to-date, systematic, and comprehensive overview of all unconventional hydrocarbons Reorganizes and updates more than half of the first edition content, including four new chapters Includes a glossary on unconventional petroleum types, including tight-sandstone oil and gas, coal-bed gas, shale gas, oil and gas in fissure-cave-type carbonate rocks, in volcanic reservoirs, and in metamorphic rocks, heavy crude oil and natural bitumen, and gas hydrates Presents new theories, new methods, new technologies, and new management methods, helping to meet the demands of technology development and production requirements in unconventional plays

In the early 1980s, industry and government took a hard look at the economics of extracting oil from vast deposits of shale that lie beneath the western United States. Oil prices subsided, and interest waned. With oil prices spiking and global demand showing no signs of abating, reexamining the economics of oil shale makes sense. In this report, the authors describe oil shale resources; suitability, cost, and performance of new technologies; and key policy issues that need to be addressed by government decisionmakers in the near future.