The Permian Basin is a large sedimentary basin in the southwestern part of the United States. The basin contains the Mid-Continent Oil Field province. This sedimentary basin is located in western Texas and southeastern New Mexico. It reaches from just south of Lubbock, past Midland and Odessa, south nearly to the Rio Grande River in southern West Central Texas, and extending westward into the southeastern part of New Mexico. It is so named because it has one of the world's thickest deposits of rocks from the Permian geologic period. The greater Permian Basin comprises several component basins; of these, the Midland Basin is the largest, Delaware Basin is the second largest, and Marfa Basin is the smallest. The Permian Basin covers more than 86,000 square miles (220,000 km2), and extends across an area approximately 250 miles (400 km) wide and 300 miles (480 km) long.
The Barnett Shale is a geological formation located in the Bend Arch-Fort Worth Basin. It consists of sedimentary rocks dating from the Mississippian period in Texas. The formation underlies the city of Fort Worth and underlies 5,000 mi² (13,000 km²) and at least 17 counties.
The Michigan Basin is a geologic basin centered on the Lower Peninsula of the U.S. state of Michigan. The feature is represented by a nearly circular pattern of geologic sedimentary strata in the area with a nearly uniform structural dip toward the center of the peninsula.
The San Juan Basin is a geologic structural basin located near the Four Corners region of the Southwestern United States. The basin cover 7,500 square miles and resides in northwestern New Mexico, southwestern Colorado, and parts of Utah and Arizona. Specifically, the basin occupies space in the San Juan, Rio Arriba, Sandoval, and McKinley counties in New Mexico, and La Plata and Archuleta counties in Colorado. The basin extends roughly 100 miles (160 km) N-S and 90 miles (140 km) E-W.
The Williston Basin is a large intracratonic sedimentary basin in eastern Montana, western North Dakota, South Dakota, and southern Saskatchewan, that is known for its rich deposits of petroleum and potash. The basin is a geologic structural basin but not a topographic depression; it is transected by the Missouri River. The oval-shaped depression extends approximately 475 miles (764 km) north-south and 300 miles (480 km) east-west.
The Bakken Formation is a rock unit from the Late Devonian to Early Mississippian age occupying about 200,000 square miles (520,000 km2) of the subsurface of the Williston Basin, underlying parts of Montana, North Dakota, Saskatchewan and Manitoba. The formation was initially described by geologist J.W. Nordquist in 1953. The formation is entirely in the subsurface, and has no surface outcrop. It is named after Henry Bakken, a farmer in Tioga, North Dakota, who owned the land where the formation was initially discovered while drilling for oil.
The Bend Arch–Fort Worth Basin Province is a major petroleum producing geological system which is primarily located in North Central Texas and southwestern Oklahoma. It is officially designated by the United States Geological Survey (USGS) as Province 045 and classified as the Barnett-Paleozoic Total Petroleum System (TPS).
The Marcellus Formation or the Marcellus Shale is a Middle Devonian age unit of sedimentary rock found in eastern North America. Named for a distinctive outcrop near the village of Marcellus, New York, in the United States, it extends throughout much of the Appalachian Basin.
In petroleum geology, source rock refers to rocks from which hydrocarbons have been generated or are capable of being generated. They form one of the necessary elements of a working petroleum system. They are organic-rich sediments that may have been deposited in a variety of environments including deep water marine, lacustrine and deltaic. Oil shale can be regarded as an organic-rich but immature source rock from which little or no oil has been generated and expelled. Subsurface source rock mapping methodologies make it possible to identify likely zones of petroleum occurrence in sedimentary basins as well as shale gas plays.
The Haynesville Shale is an informal, popular name for a Jurassic Period rock formation that underlies large parts of southwestern Arkansas, northwest Louisiana, and East Texas. It lies at depths of 10,500 to 13,000 feet below the land’s surface. It is part of a large rock formation which is known by geologists as the Haynesville Formation. The Haynesville Shale underlies an area of about 9,000 square miles and averages about 200 to 300 feet thick. The Haynesville Shale is overlain by sandstone of the Cotton Valley Group and underlain by limestone of the Smackover Formation.
The Horn River Formation is a stratigraphic unit of Devonian age in the Western Canadian Sedimentary Basin.
Shale gas in the United States is an available source of natural gas. Led by new applications of hydraulic fracturing technology and horizontal drilling, development of new sources of shale gas has offset declines in production from conventional gas reservoirs, and has led to major increases in reserves of US natural gas. Largely due to shale gas discoveries, estimated reserves of natural gas in the United States in 2008 were 35% higher than in 2006.
The Duvernay Formation is a stratigraphical unit of Frasnian age in the Western Canadian Sedimentary Basin.
The New Albany Shale is an organic-rich geologic formation of Devonian and Mississippian age in the Illinois Basin of the United States. It is a major source of hydrocarbons.
The Utica Shale is a stratigraphical unit of Upper Ordovician age in the Appalachian Basin. It underlies much of the northeastern United States and adjacent parts of Canada.
The inclusion of shale gas with conventional gas reserves has caused a sharp increase in estimated recoverable natural gas in Canada. Until the 1990s success of hydraulic fracturing in the Barnett Shales of north Texas, shale gas was classed as "unconventional reserves" and was considered too expensive to recover. There are a number of prospective shale gas deposits in various stages of exploration and exploitation across the country, from British Columbia to Nova Scotia.
Shale gas is natural gas produced from shale, a type of sedimentary rock. Shale gas has become an increasingly important source of natural gas in the United States over the past decade, and interest has spread to potential gas shales in Canada, Europe, Asia, and Australia. One analyst expects shale gas to supply as much as half the natural gas production in North America by 2020.
The Wattenberg Gas Field is a large producing area of natural gas and condensate in the Denver Basin of central Colorado, USA. Discovered in 1970, the field was one of the first places where massive hydraulic fracturing was performed routinely and successfully on thousands of wells. The field now covers more than 2,000 square miles between the cities of Denver and Greeley, and includes more than 23,000 wells producing from a number of Cretaceous formations. The bulk of the field is in Weld County, but it extends into Adams, Boulder, Broomfield, Denver, and Larimer Counties.
The Marcellus natural gas trend is a large and prolific area of shale gas extraction from the Marcellus Shale or Marcellus Formation of Devonian age in the eastern United States. The shale play encompasses 104,000 square miles and stretches across Pennsylvania and West Virginia, and into eastern Ohio and western New York. In 2012, it was the largest source of natural gas in the United States, and production was still growing rapidly in 2013. The natural gas is trapped in low-permeability shale, and requires the well completion method of hydraulic fracturing to allow the gas to flow to the well bore. The surge in drilling activity in the Marcellus Shale since 2008 has generated both economic benefits and considerable controversy.
The Eagle Ford Group is a sedimentary rock formation deposited during the Cenomanian and Turonian ages of the Late Cretaceous over much of the modern-day state of Texas. The Eagle Ford is predominantly composed of organic matter-rich fossiliferous marine shales and marls with interbedded thin limestones. It derives its name from outcrops on the banks of the West Fork of the Trinity River near the old community of Eagle Ford, which is now a neighborhood within the city of Dallas. The Eagle Ford outcrop belt trends from the Oklahoma-Texas border southward to San Antonio, westward to the Rio Grande, Big Bend National Park, and the Quitman Mountains of West Texas. It also occurs in the subsurface of East Texas and South Texas, where it is the source rock for oil found in the Woodbine, Austin Chalk, and the Buda Limestone, and is produced unconventionally in South Texas and the "Eaglebine" play of East Texas. The Eagle Ford was one of the most actively drilled targets for unconventional oil and gas in the United States in 2010, but its output had dropped sharply by 2015. By the summer of 2016, Eagle Ford spending had dropped by two-thirds from $30 billion in 2014 to $10 billion, according to an analysis from the research firm Wood Mackenzie. This strike has been the hardest hit of any oil fields in the world. The spending was, however, expected to increase to $11.6 billion in 2017. A full recovery is not expected any time soon.
