What is the difference between conventional and non-conventional oil and gas production?
Conventional oil and gas production refers to the extraction of resources from the ground through the use of traditional technologies, like drilling wells. This is the most common type of production and is mostly found in places with established oil and gas fields, like Virginia. These fields are typically characterized by having a high concentration of oil and gas. Non-conventional oil and gas production is a newer method of extracting resources from the ground. This type of production uses unconventional technologies, such as hydraulic fracturing (“fracking”) and horizontal drilling. As opposed to conventional production, non-conventional production is often utilized in places with low concentrations of resources, such as shale basins. Overall, the main difference between the two is the technologies used and the amount of resources that can be extracted. Conventional production relies on traditional technologies to extract large volumes of oil and gas while non-conventional production uses more advanced technologies to extract smaller volumes of resources. It is important to note, however, that both methods are important components of the oil and gas industry in Virginia.
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