What's the Evolution of Technology in Fracking?

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

Frida Ghitis: How much natural gas production in the United States comes as a byproduct of oil drilling? She says it's probably 30 or 40% of the hydrocarbons that come out of a Permian well are natural gas. Ghitis: The same amount of oil that was ultimately recoverable is largely the same, so fracking hasn't created more oil.

On this episode, geologist and entrepreneur Gareth Roberts joins Nate on the podcast to discuss the geological science behind how we find, extract, and deplete fossil hydrocarbons. Gareth and Nate also unpack how financial policy, government, and an energy transition interact with an aging hydrocarbon-based grid. What does all of this mean for our energy future? How can we use humor to process and make sense of these societal challenges? How do scientists, communicators, and planners come together to respond to such challenges?

About Gareth Roberts:

Gareth is an entrepreneur and successful founder and leader of a large public oil and gas company. He was born in the UK and studied geology at Oxford University before going on to work for Texaco and Murphy Oil in the US and UK. In the 1980s he became independent and subsequently founded Denbury Resources (NYSE: DNR), which grew into a $10 billion company under his leadership. Gareth stepped down from Denbury 10 years ago and has since been involved in the creation of various businesses, including ones involved in carbon sequestration and helium exploration.

For Show Notes and More visit: https://www.thegreatsimplification.com/episode/61-gareth-roberts

To watch this video episode on Youtube → https://youtu.be/MNtmuFpdNlc