• enkers@sh.itjust.works
      link
      fedilink
      arrow-up
      8
      ·
      5 days ago

      Yeah, kinda, and it’s a fairly unique source of oil at that. From my understanding extraction and refinement is initially considerably more expensive than than most other sources of crude, but that’s mainly due to the high upfront costs. The upside is that there’s also very little falloff of production, so it’ll keep producing for a long period without the need to churn through new drilling sites.