The USGS conducted a National inventory of known basin-centered gas systems and defined new potential systems previously classed as conventional accumulations. Thirty-three basins were identified and characterized based on data from the published literature and from well and reservoir databases. Each potential accumulation was ranked according to level of geologic certainty and the geologic and geographic characteristics of the basins were further delineated. A map was produced showing the basin’s geographic location as well as supporting documentation of their stratigraphic location and geologic characteristics.
The USGS defined “sweet spots” within seven basin-centered gas systems deemed to have high potential accumulations. These seven basins included the Sacramento/San Joaquin basins, Raton Basin, Rio Grande Rift, Anadarko Basin, Travis Peak/Cotton Valley, Columbia Basin/W. Flank of the Cascades, Michigan Basin/St. Peter Sandstone. Base maps, structure contour, isopach, thermal maturity and other maps were constructed for each basin.
Current Status and Remaining Tasks: This project has been completed and a final report submitted to DOE. The report includes a digital map showing all defined basin centered gas systems for the U.S., documentation of geologic characteristics, identification of “sweet spots” and recommendations to industry and government for further development.
http://www.netl.doe.gov/KMD/cds/disk41/C-%20Basin%20Analysis/40031%…
http://www.netl.doe.gov/kmd/cds/disk32/Ng2b-1.pdf
http://www.netl.doe.gov/research/oil-and-gas/project-summaries/comp…
Steve, Sand and other hard substances are considered fracking proppants. Cermanic pellets have been developed as one of such fracking proppants. Proppants help keep the fractures open.
http://www.hmicronpowder.com/products/size-reduction/ceramic-proppa…
I have received first royalty check for Ethridge 36-2WX located 01-17N-04E in Payne County. This check covers 4 months and shows steep production level drop of 50% in the first three months. Is this normal and does it ever stabilize or keep on the steep decrease curve?
Martha,
I don’t think they are risky or borderline economical. That has nothing to do with the long range production curve. They are throwing $3.5M-$4M at the well and they are paying off the investment within 1-2 years. Even with 5-10% of the initial production around 4 years the wells should continue to pay much more than the cost of operation.
The same thing is happening in Woodford in Grady an Stephens Counties where CLR and NFX are spending $8M-$13M per well and seeing payoffs in less than 2 years.
There are also techniques in development which could seal off the fractures and allow other intervals within the horizontal lateral to be perforated and fractured. While is it not expected to be as effective as the first production cycle, it could allow more recovery of the hydrocarbons present.
I was listening to NPR radio yesterday, a fella was talking about fracking & water treatment/disposal and I heard him mention an alternative to injecting water/sand/chemicals, it was some kind of “pellet”. I might be able to find a repeat of the broadcast online but maybe some of you folks know what he was talking about. It sounded interesting. Thanks
Here are a couple of Woodford wells.
Oil numbers; The Wright saw 9800 barrels in July 2012. 1490 in Aug 2013. The Baxendale 13,023 in Sep 2012, 2791 in Aug 2013.
These wells were about $10M each and should have achieved payback within the periods of these charts or have been fairly close.
Click on the images for a larger picture.
Rick, There are very recent articles about water flooding and CO 2 injection enhanced recovery also, which will basically flood the units and drive the oil and gas hydrocarbons into the faults (slang termed ‘sweet spots’) and the Logan page has all my article postings. These sweet spots are where Devon and other companies are drilling right now, then they will start the geologically determined infill drilling in between these ‘sweet spots’. After all is done, they will continue to work the units to enhance and optimize production. They will make a lot of money and so will mineral owners if owners don’t get scared into thinking well productions are going to slowly decline to nothing. Some other targeted formations in Payne and Logan include the Mississippian Lime, Woodford, Misener, Hutton Lime, Sylvan Shale, Viola Limestone and Simpson, so there’s a lot of oil and gas still to be drilled and produced. Oklahoma oil and gas companies will greatly profit from their world renowned knowledge of our minerals.
BASIN-CENTERED GAS SYSTEMS OF THE U.S. PROJECT
DE-AT26-98FT40031
U.S. Department of Energy, National Energy Technology Laboratory
Contractor: U.S. Geological Survey Central Region Energy Team
DOE Project Chief: Bill Gwilliam
USGS Project Chief: V.F. Nuccio
Contract Period: April, 1998-November, 2000 Final Report
http://www.netl.doe.gov/File%20Library/Research/Oil-Gas/natural%20g…
Martha thanks for the info on ceramic pellets I read your linked article - so the pellets don’t reduce the amount of water needed but may replace some of the sand and/or chemicals?? Just curious, the process is fascinating. Also when I see answers about specific production on specific sec/tn/range I wonder where one gets that info. Again Thanks
The reports I post are educational and informative, so that all mineral owners can asses the true value of their minerals and make wise decisions based off of proven facts which have been gathered by petroleum scientists, corporations, organizations, US Petroleum Councils and Congress. Please forgive me if you get lost in all my postings, I thought oil and gas information, education and the upmost transparency was what this mineral forum is all about.
Search fracking with propane or gasfrac It uses no water .
Ron, Koch brothers, on 6/3, bought PetroLogistics Propane plant in Houston for development of propane fracking gel and the company will now be held privately.
Rick, Then why would Devon, just 3 days ago, pay $249 Million in Cash for more Oklahoma Woodford shale? They didn’t even bother getting investor’s money which is a normal practice if the play is risky or border line economical. Maybe they know a lot more than we do and will not let Oklahoma Woodford wells stay in a long steep decline and loose their own Cash.
http://www.wallstreet-online.de/nachricht/6742940-devon-energy-anno…
Obviously, the EPA supports the US producing a lot more oil and gas and gives their stamp of approval by reducing US biofuels by 41%.
National Geographic, April, 29, 2014 reports:
“For the first time in the short history of the U.S. government’s Renewable Fuel Standard, the Environmental Protection Agency (EPA) has proposed to decrease the total amount of renewable fuel required as part of the national supply, with a 41 percent cut to the advanced biofuel category. But a study recently published by National Geographic found that EPA’s proposed reductions in biofuel use in 2014 would automatically increase use of petroleum” http://energyblog.nationalgeographic.com/2014/04/29/u-s-renewable-f…
Payne: American Energy-Woodford LLC; Caldwell No. 7-1MH Well; SW1/4 SE1/4 SE1/4 SE1/4 (BHL) of 07-18N-02E; 443 barrels oil per day, 576,000 cu-ft gas per day; TD 9,423.
American Energy-Woodford LLC; Judge No. 21-1MH Well; NE1/4 NW1/4 NW1/4 NW1/4 of 21-18N-02E; 545 barrels oil per day, 649,000 cu-ft gas per day; TD 9,508.
American Energy-Woodford LLC; Robison No. 9-1MH Well; SE1/4 NE1/4 NE1/4 NE1/4 of 09-17N-04E; 283 barrels oil per day, 791,000 cu-ft gas per day; TD 8,433.
American Energy-Woodford LLC; Wedel No. 28-1WX Well; NE1/4 NE1/4 NW1/4 NW1/4 (BHL) of 21-19N-03E; 1,411 barrels oil per day, 876,000 cu-ft gas per day; TD 14,313.
113th Congress 1st Session, (US) House of Representatives Rept. 113-262 Part 1, Federal Security Act, November 12, 2013.
http://www.gpo.gov/fdsys/pkg/CRPT-113hrpt262/pdf/CRPT-113hrpt262-pt…
"Nearly 75% of the world’s recoverable oil shale resources lie within the lower 48 United States. U.S. oil shale holds tremendous potential for domestic energy production, the creation of American jobs, and decreasing our dependence on foreign oil. According to the U.S. Geological Survey, the Western United States may hold more than 1.5 trillion barrels of oil—six times Saudi Arabia’s proven resources—enough to provide the United States with energy for the next 200 years. Furthermore, an estimated 350,000 jobs could be created by the development of oil shale resources. The largest known deposits of oil shale are located in a 16,000–square mile area in the Green River formation in Colorado, Utah and Wyoming. Beginning in 1912, when the Naval Petroleum and Oil Shale Reserves Program was established, oil shale development in the United States has traditionally been subject to a ‘‘boom and bust’’ cycle of development. This has been due to inconsistent U.S. resources directed towards oil shale due to the fluctuating global price of traditional crude with which it competes. However, due to increasing costs of traditional crude, decreasing global supply, increasing energy demand, and the need for domestic energy production to ensure our energy security, oil shale development is once again becoming a focal point of an ever expanding U.S. energy portfolio.
Bernice,
I don’t see any indication of them selling anything after April. I see quite a bit assigned and transferred in April back in a few counties, Payne, Noble, Pawnee, etc. AEP, Devon, were a couple of the purchasers. They also took on some assignments from Sandridge about March.
If there is something more specific you are looking for, send me a friend request and details. I’m afraid the conversation will get lost here.
Rick Howell
I was guided to you by Clint Liles as he suggested you might be able to help me with my question. I am wanting to know if you are able to find out if Red Fork have been successful in their sale of several acreage in Oklahoma, not sure which counties as they are spread out a bit. They were selling them in May and June 2014 and they sold a lot a few months ago which I know about. It is this second sale which I am wanting information about Please if you are able to help. Thank you.
Aubrey McClendon is going after more natural gas, because he is very smart and is a member of the (US) National Petroleum Council which in 2007 reported: “The world is not running out of energy resources,…Current assessments for both oil and natural gas indicate large in-place volumes of resource. …the potential supply of North American gas is far bigger than was thought a few years ago…The United States is now the number one natural gas producer in the world…Contrary to conventional wisdom, the North American oil resource base could also provide substantial supply for decades ahead…We (USA) have world-class resource basins (like the Anadarko basin from which Payne county oil & gas migrates) America’s natural gas resource base is enormous. North America has a large, economically accessible natural gas resource base that indicates significant sources of unconventional gas such as shale gas. This resource base could supply over 100 years demand at today’s consumption rate…But these potentially transformative benefits cannot happen without access to resource rich basins and the consistent application of responsible development practices.” (like drilling and producing Payne County OK)
http://downloadcenter.connectlive.com/events/npc071807/pdf-downloads/NPC_Facing_Hard_Truths.pdf
Steve, go to OCC http://www.occ.state.ok.us/ - Divisons - Oil and Gas - Imaged Documents - Oil and Gas well records forms and type in the legal description of the well you are searching for, but you have to enter it like this example: 1719N01W. Also, you must enter the surface hole location section from which they are drilling laterals if the well is not physically located in your section. Then just click search
