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Tight oil is a type of unconventional petroleum found in formations with very low porosity and permeability. Its extraction requires advanced techniques like hydraulic fracturing, often referred to as fracking. This process involves pumping fluid, sand, and chemicals at high pressure to create fissures in the rock, allowing oil to flow to the surface.12

While often found in shale formations, leading to the term "shale oil," tight oil is distinct from synthetic crude produced from oil shale through pyrolysis. Technological advancements have made it possible to extract tight oil, transforming previously undeveloped resources into economic reserves.31

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