Search results
Results From The WOW.Com Content Network
The Permian Basin comprises several component basins, including the Midland Basin, which is the largest; Delaware Basin, the second largest; and Marfa Basin, the smallest. The Permian Basin covers more than 86,000 square miles (220,000 km 2), [1] and extends across an area approximately 250 miles (400 km) wide and 300 miles (480 km) long. [2]
Nov. 24—Starting with a model of the Texas economy when he was a young professor at Baylor University, economist Ray Perryman of Odessa built a global system that lets him analyze thousands of ...
A full scale basin analysis is usually carried out prior to defining leads and prospects for future drilling. This study tackles the petroleum system and studies source rock (presence and quality); burial history; maturation (timing and volumes); migration and focus; and potential regional seals and major reservoir units (that define carrier beds).
In 2016, Bob Fryklund and Pete Stark defined "super basin" combining commerciality, geoscience architecture, infrastructure, and above-ground issues. [1] According to the original paper published in IHS Markit, a basin must count with at least five barrels of oil equivalent (BBOe) produced and at the same volume of recoverable remaining reserves; [2] two or more petroleum systems or source ...
The Pittsburgh coal seam is the thickest and most extensive coal bed in the Appalachian Basin; [1] hence, it is the most economically important coal bed in the eastern United States. The Upper Pennsylvanian Pittsburgh coal bed of the Monongahela Group is extensive and continuous, extending over 11,000 mi 2 through 53 counties.
East Texas Basin stratigraphic column. The primary productive geologic unit is the Cretaceous-age Woodbine Formation, a regional petroleum-bearing unit which had been known since the early part of the 20th century. This sandstone unit was deposited during a period when East Texas was a shallow sea, approximately 100 million years ago.
Permian Basin is in geology the name of two large intercontinental basins that were formed in the Permian period, neither of which are in Perm Krai: Permian Basin (North America) , a basin in the subsurface of the south of the United States, in west Texas and southeast New Mexico
Oil and gas reserves denote discovered quantities of crude oil and natural gas (oil or gas fields) that can be profitably produced/recovered from an approved development. Oil and gas reserves tied to approved operational plans filed on the day of reserves reporting are also sensitive to fluctuating global market pricing.