Also known as: Light tight oil, shale oil, unconventional oil
Light tight oil is crude oil produced from thin, tight formations using unconventional production techniques including horizontal drilling and hydraulic fracturing.
Light tight oil production is concentrated in the US where it is the primary source of oil supply growth over the past few years. Major production areas include the Permian Basin in West Texas and the Bakken formation of North Dakota.
FIND OUT MORE
The Refinery Reference Desk includes content derived from our industry experts as well as from public data sources such as company websites. Nothing herein is intended to serve as investment advice. This material is based on information that we believe to be reliable and adequately comprehensive, but we do not represent that such information is in all respects accurate or complete. McKinsey Energy Insights does not accept any liability for any losses resulting from use of the content.