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Tight Oil
Tight oil (also known as shale oil, shale-hosted oil or light tight oil, abbreviated LTO) is light crude oil contained in Unconventional (oil & gas) reservoir, unconventional petroleum-bearing formations of low Permeability (earth sciences), permeability, often shale or tight sandstone. Economic production from tight oil formations requires the same hydraulic fracturing and often uses the same Directional drilling, horizontal well technology used in the production of shale gas. While sometimes called "shale oil", tight oil should not be confused with oil shale (shale rich in kerogen) or shale oil (oil produced from oil shales). Therefore, the International Energy Agency recommends using the term "light tight oil" for oil produced from shales or other very low permeability formations, while the World Energy Resources 2013 report by the World Energy Council uses the terms "tight oil" and "shale-hosted oil". In May 2013 the International Energy Agency in its ''Medium-Term Oil M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Light Crude Oil
Light crude oil is liquid petroleum that has a low density and flows freely at room temperature. It has a low viscosity, low specific gravity and high API gravity due to the presence of a high proportion of light hydrocarbon fractions. It generally has a low wax content. Light crude oil receives a higher price than heavy crude oil on commodity markets because it produces a higher percentage of gasoline and diesel fuel when converted into products by an oil refinery. Varying standards The clear cut definition of ''light'' and ''heavy'' crude varies because the classification is based more on practical grounds than theoretical. The New York Mercantile Exchange (NYMEX) defines light crude oil for domestic U.S. oil as having an API gravity between 37° API (840 kg/m3) and 42° API (816 kg/m3), while it defines light crude oil for non-U.S. oil as being between 32° API (865 kg/m3) and 42° API (816 kg/m3). The National Energy Board of Canada defines light crude oil as having a den ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil Sands
Oil sands are a type of unconventional petroleum deposit. They are either loose sands, or partially consolidated sandstone containing a naturally occurring mixture of sand, clay, and water, soaked with bitumen (a dense and extremely viscous form of petroleum). Significant bitumen deposits are reported in Canada, Kazakhstan, Russia, and Venezuela. The estimated worldwide deposits of oil are more than . Proven reserves of bitumen contain approximately 100 billion barrels, and total natural bitumen reserves are estimated at worldwide, of which , or 70.8%, are in Alberta, Canada. Crude bitumen is a thick, sticky form of crude oil, and is so viscous that it will not flow unless heated or diluted with lighter hydrocarbons such as light crude oil or natural-gas condensate. At room temperature, it is much like cold molasses. The Orinoco Belt in Venezuela is sometimes described as oil sands, but these deposits are non-bituminous, falling instead into the category of heavy or ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chicontepec Field
The Chicontepec Basin (Chicontepec Formation) is a petroleum system in Mexico north-east of Mexico City, covering an area of around in the states of Veracruz, Puebla and Hidalgo. Several oil fields have been discovered in that area since 1926. A major field was discovered in 1973 but contains extra heavy crude, which due to special refining needs is considered unviable at this time. Since that time, tiny amounts of oil have been produced. While the reserves are overwhelmingly extra heavy crude, pockets of lighter tight oil, as well as natural gas, are also found in the basin. Attempts at increasing output In March 2006, Mexican President Vicente Fox Vicente Fox Quesada (; born 2 July 1942) is a Mexican businessman and politician who served as the 62nd president of Mexico from 2000 to 2006. After campaigning as a Right-wing populism, right-wing populist, Fox was elected president on the Nat ... announced that Pemex would invest US$37.5 billion over the next 20 years on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australia
Australia, officially the Commonwealth of Australia, is a country comprising mainland Australia, the mainland of the Australia (continent), Australian continent, the island of Tasmania and list of islands of Australia, numerous smaller islands. It has a total area of , making it the list of countries and dependencies by area, sixth-largest country in the world and the largest in Oceania. Australia is the world's flattest and driest inhabited continent. It is a megadiverse countries, megadiverse country, and its size gives it a wide variety of landscapes and Climate of Australia, climates including deserts of Australia, deserts in the Outback, interior and forests of Australia, tropical rainforests along the Eastern states of Australia, coast. The ancestors of Aboriginal Australians began arriving from south-east Asia 50,000 to 65,000 years ago, during the Last Glacial Period, last glacial period. By the time of British settlement, Aboriginal Australians spoke 250 distinct l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arckaringa Basin
The Arckaringa Basin is an endorheic basin in Australia. It is in size and is located in South Australia. The basin surrounds the town of Coober Pedy in northern South Australia. It located in the north of the Gawler Block. Structure The basin structure features an elevated central platform. There are both glacigene sediments deposited in the upper Carboniferous and Permian coal measures which are mostly covered by Mesozoic sediments. The Boorthana Formation in the east bears diamictite. The eastern boundary of the basin contain some outcrops of pavements which prove glaciation. Infills in the Arckaringa Basin are dominated by mass flow deposits. Resources Reports as of February 2013 estimate that the oil-bearing shale of the basin may contain between of petroleum Petroleum, also known as crude oil or simply oil, is a naturally occurring, yellowish-black liquid chemical mixture found in geological formations, consisting mainly of hydrocarbons. The term ''petroleum' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russia
Russia, or the Russian Federation, is a country spanning Eastern Europe and North Asia. It is the list of countries and dependencies by area, largest country in the world, and extends across Time in Russia, eleven time zones, sharing Borders of Russia, land borders with fourteen countries. Russia is the List of European countries by population, most populous country in Europe and the List of countries and dependencies by population, ninth-most populous country in the world. It is a Urbanization by sovereign state, highly urbanised country, with sixteen of its urban areas having more than 1 million inhabitants. Moscow, the List of metropolitan areas in Europe, most populous metropolitan area in Europe, is the capital and List of cities and towns in Russia by population, largest city of Russia, while Saint Petersburg is its second-largest city and Society and culture in Saint Petersburg, cultural centre. Human settlement on the territory of modern Russia dates back to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
West Siberian Plain
The West Siberian Plain () is a large plain that occupies the western portion of Siberia, between the Ural Mountains in the west and the Yenisei, Yenisei River in the east, and the Altai Mountains on the southeast. Much of the plain is poorly drained and consists of some of the world's largest swamps and floodplains. Important cities include Chelyabinsk, Novosibirsk, Omsk, and Tomsk, as well as Surgut and Nizhnevartovsk. Winters on the West Siberian Plain are harsh and long. The climate of most of the plain areas is either subarctic or continental. The plain had large petroleum and natural gas reserves. Most of Russia's oil and gas production was extracted from this area during the 1970s and 80s. Geography The West Siberian Plain is located east of the Ural Mountains mostly in the territory of Russia. It is one of the Great Russian Regions and has been described as the world's largest unbroken Upland and lowland#Lowland, lowland – more than 50 percent is less than above s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bazhenov Formation
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. Highly organic-rich siliceous shales were deposited during this time in anoxic conditions on the sea bottom. The sea was connected to the world's oceans and contains trace minerals derived from dissolved minerals and organic materials similar to sapropel sediments in the Black Sea. In addition to being a prolific deep water marine source rock (the International Energy Agency has called it the world's largest oil source rock) the formation is believed to contain substantial reserves of unconventional liquid hydrocarbons in form of tight oil and solid hydrocarbons in form of kerogen. These deposits occur at depths of with the thickness from . An estimate by Wood Mackenzie of the Bazhenov Formation puts oil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oman
Oman, officially the Sultanate of Oman, is a country located on the southeastern coast of the Arabian Peninsula in West Asia and the Middle East. It shares land borders with Saudi Arabia, the United Arab Emirates, and Yemen. Oman’s coastline faces the Arabian Sea to the southeast and the Gulf of Oman on the northeast. The exclaves of Madha and Musandam Governorate, Musandam are surrounded by the United Arab Emirates on their land borders, while Musandam’s coastal boundaries are formed by the Strait of Hormuz and the Gulf of Oman. The capital and largest city is Muscat. With a population of approximately 5.46 million and an area of 309,500 km2 (119,500 sq mi), Oman is the Countries with highest population, 123rd most-populous country. From the 18th century, the Omani Sultanate was Omani Empire, an empire, competing with the Portuguese Empire, Portuguese and British Empire, British empires for influence in the Persian Gulf and the Indian Ocean. At its peak in the 19th ce ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Persian Gulf
The Persian Gulf, sometimes called the Arabian Gulf, is a Mediterranean seas, mediterranean sea in West Asia. The body of water is an extension of the Arabian Sea and the larger Indian Ocean located between Iran and the Arabian Peninsula.United Nations Group of Experts on Geographical NameWorking Paper No. 61, 23rd Session, Vienna, 28 March – 4 April 2006. accessed 9 October 2010 It is connected to the Gulf of Oman in the east by the Strait of Hormuz. The river delta of the Shatt al-Arab forms the northwest shoreline. The Persian Gulf has many fishing grounds, extensive reefs (mostly rocky, but also Coral reef, coral), and abundant pearl oysters, however its ecology has been damaged by industrialization and oil spills. The Persian Gulf is in the Persian Gulf Basin, which is of Cenozoic origin and related to the subduction of the Arabian plate under the Zagros Mountains. The current flooding of the basin started 15,000 years ago due to sea level rise, rising sea levels of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Syria
Syria, officially the Syrian Arab Republic, is a country in West Asia located in the Eastern Mediterranean and the Levant. It borders the Mediterranean Sea to the west, Turkey to Syria–Turkey border, the north, Iraq to Iraq–Syria border, the east and southeast, Jordan to Jordan–Syria border, the south, and Israel and Lebanon to Lebanon–Syria border, the southwest. It is a republic under Syrian transitional government, a transitional government and comprises Governorates of Syria, 14 governorates. Damascus is the capital and largest city. With a population of 25 million across an area of , it is the List of countries and dependencies by population, 57th-most populous and List of countries and dependencies by area, 87th-largest country. The name "Syria" historically referred to a Syria (region), wider region. The modern state encompasses the sites of several ancient kingdoms and empires, including the Eblan civilization. Damascus was the seat of the Umayyad Caliphate and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eagle Ford Shale
The Eagle Ford Group (also called the Eagle Ford Shale) 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.Denne, R. A., Breyer, J. A., Callender, A. D., Hinote, R. E., Kariminia, M., Kosanke, T. H., Kita, Z., Lees, J. A., Rowe, H., Spaw, J. M., and Tur, N. (2016). Biostratigraphic and geochemical constraints on the stratigraphy and depositional environments of the Eagle Ford and Woodbine Grou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
