Michael Nikolaou, professor of chemical and bimolecular engineering at the University of Houston Cullen College of Engineering, offered his expert opinion on shale oil reserves in the December 15 Houston Chronicle article, “Drills spin to keep up with shale well depletion.” The article, written by Collin Eaton, a business reporter at the Chronicle, centers around the speed at which oil producers must drill to keep up with shale well demand. Nikolaou offers the opinion that oil producers aren’t necessarily draining their shale reserves, and that producers are drawn to shale production because of the speed at which their investments are returned.
Read the full article here.