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The 6 tight oil and shale gas plays

This has been a successful year for the US as it is becoming the world’s largest oil and gas producer. According to the International Energy Agency the US’s shale boom will help it speed past Saudi Arabia and Russia to become the world’s top oil producer in 2015. This large development could lead to the US cutting its dependence on foreign oil sources over the next 20 years.
 
There are six tight oil and shale gas plays that have driven 90% of domestic oil production growth and all domestic natural gas production growth over the last two years.
 
1. Eagle Ford – Southern Texas
The Eagle Ford Shale is one of the largest economic developments in Texas. The play boosted the economy in 2012 by a massive $60 billion and over 116,000 jobs were created.
 
The Eagle Ford has an impressive 200 rigs running making it the most active shale play in the world. The play is situated in Southern Texas and produces from depths between 4,000 and 14,000 feet.
 
Eagle Ford
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2. Bakken – North Dakota and Montana
Oil was initially revealed in the Bakken play in 1951, but was not largely worked on until the past ten years. The Bakken play has driven North Dakota’s oil production four times higher than it was in the 1980s.
 
There have been recent warnings that oil from Bakken may be more flammable than other oil after two federal agencies spent months investigating Bakken oil carried in recent train accidents that led to large explosions.
 
Bakken-North Dakota
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3. Niobrara – Wyoming, Colorado, South Dakota and Nebraska
The Niobrara shale formation is in the Denver-Julesburg Basin and is in its early stages of oil and gas production. It produced 280,000 barrels of oil per day in November 2013 and 4.63 billion cubic feet of gas per day in December 2013.
 
Niobrara
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4. Marcellus – Northern Appalachia
The Marcellus play goes through northern Appalachia, which runs through Pennsylvania, West Virginia, New York, and Ohio. It is connected to the Devonian black shale and the gas-producing rock is 900 feet thick.
 
The Marcellus play is predicted to carry as much as 500 trillion cubic feet of natural gas, about 50 tcf of which is recoverable using present technology. It is also one of the richest gas fields in Northern America.
 
Marcellus-shale
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5. Haynesville – Arkansas, Louisiana, and Texas
The Haynesville shale lies 10,000 feet below the earth’s surface. It is estimated to store 245 trillion cubic feet of recoverable natural gas. The shale has proven to be extremely profitable for the area and is expected to provide $61 billion in new business sales.
 
haynesville
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6. Permian – Western Texas, Southeastern New Mexico
The Permian Basin covers an area about 300 miles long and 250 miles wide. It was estimated to produce 1.3 million barrels of oil per day and 5 billion cubic feet of gas per day in November 2013.
 
Permian Pumpjack
Active Permian Basin pumpjack east of Andrews, TX
 

TNphoto Tatsuya Nakagawa
Tatsuya Nakagawa is the VP of Marketing and co-founder of Castagra Products, a storage tank and wastewater coatings manufacturing company that is highly acclaimed for its sustainable coatings, cold weather tank coating applications, and its durable frac tank coatings. Castagra is used by the world’s top oil and gas field services companies.