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Old 02-04-2013, 09:48 AM   #1
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New Shale Formation in West Texas could Dwarf the Bakken

The US shale boom has led some to predict that it will overtake Saudi Arabia as world’s largest oil and gas producer by 2020, thanks to the massive reserves found in plays such as the Bakken Shale of North Dakota, the Marcellus Shale in New York, and the Eagle Ford Shale in Texas; even the newly discovered Tuscaloosa Shale formation in Louisiana holds large potential.

However there is a new shale formation that has been discovered in West Texas which could dwarf all others being drilled in the US at the moment.

The play is known as the Cline Shale play and has been discovered in the Permian Basin.

John Breyer a geologist at Marathon Oil Corp.(NYES: MRO) said that this new discovery could dwarf anything that exists in North Dakota. Ken Morgan, the director of the Texas Christian University Energy Institute, stated that, “it’s like the Eagle Ford on steroids. They haven't even begun. We're just in the toe of this thing.”

Both Devon Energy Corp. (NYSE: DVN) and Chesapeake Energy Corp. (NYSE: CHK)have reported exciting results from exploratory drills in the region. Devon’s tests showed that around 3.6 million barrels of oil could be recovered per square mile, and as the Cline formation covers roughly 9,800 square miles it gives an estimated reserve of more than 30 billion barrels. A fair bit more than the 4.3 billion in the Bakken, or the 3 billion barrels in the Eagle Ford plays.

http://oilprice.com/Latest-Energy-Ne...he-Bakken.html
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Old 02-04-2013, 10:38 AM   #2
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And herein lies our only hope of saving this country. If we capitalize on all of these oil and gas discoveries, we have the ability to not only stop importing energy, but also exporting this energy. And if we properly use the taxes collected from these public resources, we could pay down our national debt while becoming energy self sufficient.
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Old 02-04-2013, 11:02 AM   #3
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And herein lies our only hope of saving this country. If we capitalize on all of these oil and gas discoveries, we have the ability to not only stop importing energy, but also exporting this energy. And if we properly use the taxes collected from these public resources, we could pay down our national debt while becoming energy self sufficient.


But the unicorn and butterfly worshippers won't let it happen...
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Old 02-04-2013, 11:04 AM   #4
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The US shale boom has led some to predict that it will overtake Saudi Arabia as world’s largest oil and gas producer by 2020, thanks to the massive reserves found in plays such as the Bakken Shale of North Dakota, the Marcellus Shale in New York, and the Eagle Ford Shale in Texas; even the newly discovered Tuscaloosa Shale formation in Louisiana holds large potential.

However there is a new shale formation that has been discovered in West Texas which could dwarf all others being drilled in the US at the moment.

The play is known as the Cline Shale play and has been discovered in the Permian Basin.

John Breyer a geologist at Marathon Oil Corp.(NYES: MRO) said that this new discovery could dwarf anything that exists in North Dakota. Ken Morgan, the director of the Texas Christian University Energy Institute, stated that, “it’s like the Eagle Ford on steroids. They haven't even begun. We're just in the toe of this thing.”

Both Devon Energy Corp. (NYSE: DVN) and Chesapeake Energy Corp. (NYSE: CHK)have reported exciting results from exploratory drills in the region. Devon’s tests showed that around 3.6 million barrels of oil could be recovered per square mile, and as the Cline formation covers roughly 9,800 square miles it gives an estimated reserve of more than 30 billion barrels. A fair bit more than the 4.3 billion in the Bakken, or the 3 billion barrels in the Eagle Ford plays.

http://oilprice.com/Latest-Energy-Ne...he-Bakken.html
I could make your head spin on towns that all that have booomed in west texas over this.
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Old 02-04-2013, 11:14 AM   #5
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But the unicorn and butterfly worshippers won't let it happen...
Yep. The Matt Damons of the world have already decided to make hydraulic fracturing their next big boogie man. Even though the reward is enormous and the proven risks are infinitesimally small, the Hollywood crowd and the Greens will keep finding farmers who claim their water is tainted and do their best to kill the greatest tool invented in the last 50 years to make new wealth. We are going to be told that fracking causes earthquakes and causes well water to catch on fire. A better approach would be to pay attention to real scientific study of the effects of fracking, find out what problems (if any) really exist, and then engineer solutions. The massive amount of energy that can be extracted with this method could reduce our national debt and foreign energy dependence considerably. It remains to be seen if the alarmists will win the day and shut it all down.
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Old 02-04-2013, 11:25 AM   #6
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If this pans out, then maybe I can stay in Texas vs. Brazil every other month. Would rather be closer to home.
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Old 02-04-2013, 01:22 PM   #7
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Yep. The Matt Damons of the world have already decided to make hydraulic fracturing their next big boogie man. Even though the reward is enormous and the proven risks are infinitesimally small, the Hollywood crowd and the Greens will keep finding farmers who claim their water is tainted and do their best to kill the greatest tool invented in the last 50 years to make new wealth. We are going to be told that fracking causes earthquakes and causes well water to catch on fire. A better approach would be to pay attention to real scientific study of the effects of fracking, find out what problems (if any) really exist, and then engineer solutions. The massive amount of energy that can be extracted with this method could reduce our national debt and foreign energy dependence considerably. It remains to be seen if the alarmists will win the day and shut it all down.

You know what is funny....my boat mechanic lives up by the lake house in the fingerlakes region. He does not live near the water and so depends on a drilled well for water. There is no fracking allowed in the region yet, but his water will catch fire if you put a match to it. All the water in this region except for that whcih comes from the lakes is horrible. Full of sulfer and natural gas, and tastes like shit.

Fracking is only dnagerous for wells when done improperly. Of course a few bad apples have caused a lot of trouble for the industry, but in the end reality sets in. Fracking is now being seriously considered in NY state and some test wells are being done now. There will certainly be more rules and inspections in NY state but it will happen, and as the public sees that the lunatics were full of shit and fracking is not the horror it was painted to be, it will grow acceptance to the point where the anti frackers become just a stupid little minority who no-one pays attention to.
The gas is comming to the surface anyway. At the lakehouse we have about a dozen seeps that bubble out of the rock under the water at the shoreline. I will be trying to capture that this summer to see how much I get and what I can do with it.
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Old 02-04-2013, 01:48 PM   #8
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You know what is funny....my boat mechanic lives up by the lake house in the fingerlakes region. He does not live near the water and so depends on a drilled well for water. There is no fracking allowed in the region yet, but his water will catch fire if you put a match to it. All the water in this region except for that whcih comes from the lakes is horrible. Full of sulfer and natural gas, and tastes like shit.

Fracking is only dnagerous for wells when done improperly. Of course a few bad apples have caused a lot of trouble for the industry, but in the end reality sets in. Fracking is now being seriously considered in NY state and some test wells are being done now. There will certainly be more rules and inspections in NY state but it will happen, and as the public sees that the lunatics were full of shit and fracking is not the horror it was painted to be, it will grow acceptance to the point where the anti frackers become just a stupid little minority who no-one pays attention to.
The gas is comming to the surface anyway. At the lakehouse we have about a dozen seeps that bubble out of the rock under the water at the shoreline. I will be trying to capture that this summer to see how much I get and what I can do with it.
That was just the case of Mat Moron's movie. A complete fabrication.
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Old 02-04-2013, 02:46 PM   #9
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You know what is funny....my boat mechanic lives up by the lake house in the fingerlakes region. He does not live near the water and so depends on a drilled well for water. There is no fracking allowed in the region yet, but his water will catch fire if you put a match to it. All the water in this region except for that whcih comes from the lakes is horrible. Full of sulfer and natural gas, and tastes like shit.

Fracking is only dnagerous for wells when done improperly. Of course a few bad apples have caused a lot of trouble for the industry, but in the end reality sets in. Fracking is now being seriously considered in NY state and some test wells are being done now. There will certainly be more rules and inspections in NY state but it will happen, and as the public sees that the lunatics were full of shit and fracking is not the horror it was painted to be, it will grow acceptance to the point where the anti frackers become just a stupid little minority who no-one pays attention to.
The gas is comming to the surface anyway. At the lakehouse we have about a dozen seeps that bubble out of the rock under the water at the shoreline. I will be trying to capture that this summer to see how much I get and what I can do with it.
Fracking has been going non-stop in my area for about 7 years. I have at least 6 gas wells under my house fracked at different levels. The closest deposits are over a mile deep. I have never seen, felt or heard anything related to this activity other than the drilling rigs that are visible for the 30 days or so it takes to drill a well. Yes, we have a few farmers who have complained about surface water pollution. But when checked by Texas A&M and the University of Texas, nearly all have proven to be natural methane from deposits much closer to the surface. I think maybe one case out of thousands was shown to be from an improperly cemented casing that leaked. It's going to take some real science to convince me that fracking 5000-10,000 feet down below all of that solid rock is causing surface water pollution.
Fracking has been an ordinary part of the landscape in parts of Texas since the mid-80's with very little negative feedback. Once the process started being used in other states with less energy-friendly governments, the media got the populations all riled up, and for no good reason IMO.
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Old 02-04-2013, 03:02 PM   #10
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You know what is funny....my boat mechanic lives up by the lake house in the fingerlakes region. He does not live near the water and so depends on a drilled well for water. There is no fracking allowed in the region yet, but his water will catch fire if you put a match to it. All the water in this region except for that whcih comes from the lakes is horrible. Full of sulfer and natural gas, and tastes like shit.

Fracking is only dnagerous for wells when done improperly. Of course a few bad apples have caused a lot of trouble for the industry, but in the end reality sets in. Fracking is now being seriously considered in NY state and some test wells are being done now. There will certainly be more rules and inspections in NY state but it will happen, and as the public sees that the lunatics were full of shit and fracking is not the horror it was painted to be, it will grow acceptance to the point where the anti frackers become just a stupid little minority who no-one pays attention to.
The gas is comming to the surface anyway. At the lakehouse we have about a dozen seeps that bubble out of the rock under the water at the shoreline. I will be trying to capture that this summer to see how much I get and what I can do with it.
The natural gas you may be speaking of is probably methane. A by-product of decaying organic compounds. I bet if you held a match up to those bubble streams coming up in your lake they'd pop... it also smells like ass and makes the wayer taste like it.

What needs to get done is someone or a group of individuals needs to show that those azzhats are full of crap and destroying our country while making billions at the expense of the economy by promoting 'junk science' and selling it as a pancea for the environment.
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Old 02-04-2013, 03:20 PM   #11
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....this would be good......
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Old 02-04-2013, 04:29 PM   #12
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The natural gas you may be speaking of is probably methane. A by-product of decaying organic compounds. I bet if you held a match up to those bubble streams coming up in your lake they'd pop... it also smells like ass and makes the wayer taste like it.

What needs to get done is someone or a group of individuals needs to show that those azzhats are full of crap and destroying our country while making billions at the expense of the economy by promoting 'junk science' and selling it as a pancea for the environment.
All natural gas that we use as fuel is methane. The gas that smells bad is actualy hydrogen sulfiied. Methane itself has no odor, the odor is added at the plant to help with detection of gas leaks.

And yes the gas comming out of the lake is flamable....it is my favorite trick....I take a beer bottle and fillit with water. I put the water filled bottle over one of the seeps, and when the bottle has no more water I put my thumb over it. Then I take a lighter and l put it at the end of the bottle remove my thumb and we get a bottle torch that burns for about 10 seconds and ends with a little pop.
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Old 02-04-2013, 04:33 PM   #13
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All natural gas that we use as fuel is methane. The gas that smells bad is actualy hydrogen sulfiied. Methane itself has no odor, the odor is added at the plant to help with detection of gas leaks.

And yes the gas comming out of the lake is flamable....it is my favorite trick....I take a beer bottle and fillit with water. I put the water filled bottle over one of the seeps, and when the bottle has no more water I put my thumb over it. Then I take a lighter and l put it at the end of the bottle remove my thumb and we get a bottle torch that burns for about 10 seconds and ends with a little pop.
This has been going on since people learned to dig wells.

Fracing has nothing to do with it.
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Old 02-04-2013, 07:53 PM   #14
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This has been going on since people learned to dig wells.

Fracing has nothing to do with it.
The problem is, the monkeywrenchers saw flames coming out of a faucet one day, then heard about fracking, put 2 and 2 together and came up with 3... but it doesn't mater. They took it and ran with it...like they do everything else...

...dipshits...
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Old 02-05-2013, 06:11 PM   #15
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And herein lies our only hope of saving this country. If we capitalize on all of these oil and gas discoveries, we have the ability to not only stop importing energy, but also exporting this energy. And if we properly use the taxes collected from these public resources, we could pay down our national debt while becoming energy self sufficient.
But what of Fracking, and the Spring Snail and the Dune's Sagebrush Lizard, and the Lesser Prairie Chicken, and Climate Change. All of those are far more important than energy for American households.
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