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Tight oil formations include the Bakken Shale, the Niobrara Formation, Barnett Shale, and the Eagle Ford Shale in the United States, R'Mah Formation in Syria, Sargelu Formation in the northern Persian Gulf region, Athel Formation in Oman, Bazhenov Formation and Achimov Formation of West Siberia in Russia, Arckaringa Basin in Australia, Chicontepec Formation in Mexico, [1] and the Vaca Muerta ...
Technically recoverable tight oil resources according to the EIA [1] Rank Country/Region Shale Oil proven reserves billion barrels; Total
The term "shale oil" is also used for crude oil produced from shales of other unconventional, very low permeability formations. However, to reduce the risk of confusion of shale oil produced from oil shale with crude oil in oil-bearing shales, the term "tight oil" is preferred for the latter. [1]
The Vaca Muerta Shale is a continuous tight oil and shale gas reservoir of Late Jurassic and Early Cretaceous age. The formation covers a total area of 30,000 square kilometres (12,000 sq mi). [9] The shale is at a depth of about 9,500 feet (2,900 m), where it has been found productive of oil and gas.
This list of oil fields includes some major oil fields of the past and present. Countries by proven oil reserves 2017. The list is incomplete; there are more than 25,000 oil and gas fields of all sizes in the world. [1] However, 94% of known oil is concentrated in fewer than 1,500 giant and major fields. [2]
Tight gas is commonly used to refer to natural gas produced from reservoir rocks with such low permeability that massive hydraulic fracturing is necessary to produce the well at economic rates. The gas is sealed in very impermeable and hard rocks, making their formation "tight".
Map showing extent of the Bazhenov Formation continuous tight oil resource. The Bazhenov Formation or Bazhenov Shale is a geological stratum in the West Siberian basin. It was formed from sediment deposited in a deep-water sea in Tithonian–early Berriasian time. The sea covered more than one million square kilometers in the central basin area.
The Montney Formation is a major shale gas and tight oil resource. A comprehensive joint study on the potential of the Montney Formation was completed by the National Energy Board, British Columbia Oil and Gas Commission and the Alberta Energy Regulator in 2013.