Skip to comments.Eagle Ford Shale Beats Bakken to 1M Bpd Milestone - EIA
Posted on 10/24/2013 4:22:15 AM PDT by thackney
In the U.S. shale oil race, the Eagle Ford formation in Texas has beaten North Dakota's Bakken to the 1 million barrel per day milestone, according to a U.S. Energy Information Administration report on Tuesday.
The new monthly report, which is the first national effort to lay out comparable monthly figures and projections from six major shale plays, highlighted the stunning speed with which the Eagle Ford region has overtaken the Bakken region that first showed how hydraulic fracturing and horizontal drilling technology could revolutionize the oil industry.
Total production from Eagle Ford hit 1 million bpd in August and is projected to rise to 1.07 million bpd in October and to 1.09 million bpd in November, the EIA report showed. The Bakken, mostly in North Dakota, is expected to produce 935,000 bpd in October and 960,000 bpd in November.
The Bakken is the more mature of the two, with drilling ongoing since 2003. The Eagle Ford, which initially was seen as a natural gas play, did not have notable oil drilling until early 2009, according to consultant IHS.
The EIA's report marks the first time the U.S. federal government has issued such data from the Bakken, Eagle Ford, Haynesville, Marcellus, Niobrara and Permian basins.
The EIA's numbers differ, sometimes wildly, from other sources such as state regulators or analysts. The data also showed the difficulty in accurately pinning down the scope of the shale boom, which has consistently confounded analysts with the speed of production gains.
"A year ago if you'd asked if this would have happened, I wouldn't have seen such growth (in Eagle Ford)," said Wood Mackenzie analyst Phani Gadde.
...the well performance has been really good. Production increased pretty dramatically... reduced the backlog of well completions. It increased relatively steeply at the beginning of this year...
(Excerpt) Read more at rigzone.com ...
Drilling Productivity Report
I hope the Cline beats them both.
I have the same hope for the James Lime. But very, very little expectation of anything close.
I’ll bet in five years there’ll be another half dozen or more plays that we’ve never heard of as of today. Isn’t this proving the abiogenic petroleum origin theory, or am I missing something here?
Not by a long shot. All of these are sedimentary basins, laid down from sediment on the surface rich in organic material.
So everywhere this is working, China, Poland, Israel, here, South America, etc. these are sedimentary basins?
All oil production is sourced from sedimentary rock.
There has been no oil production from igneous rock source.
“Isnt this proving the abiogenic petroleum origin theory, or am I missing something here?”
Not in anyway what so ever! But I’m curious why you might think it does.
how does surface organic material get so deep underground?
The same way the surface material formed into sedimentary rock.
Do the math, sedimentation as little as 1 inch every 1,000 years is over 6 miles deep after 400 million years.
Oil is found in sedimentary basins that were formed under ancient oceans or lakes. You need to understand that they are only found if rock formation that were formed from sedimentation sources.
The same way it does it now, it settles on the ocean floor and that process has been going on since the beginning of time.
How much is produced in the USA per day ? I remember reading 18.8 million barrels per day is consumed. Not sure of that fact .
Just wondering how much USA produces in a 24 hour period ?
Thanks for the news ...!
Thack when we see that the Mississippi River deposits 550 million tons of sediment a year into the Gulf of Mexico I wonder what the other rivers and stream of the world deposits. That’s not counting other ways in which sediment is laid down.
Thack I might add that all that sediment hitting the ocean daily easily explains the small rise in sea levels that the global warming fans parade around.
From the Bering Sea land bridge:
To most of the US being submerged:
Generalized geographic map of the United States in Late Cretaceous time.
Generalized geographic map of the United States in Middle Pennsylvanian time.
Ill bet in five years therell be another half dozen or more plays that weve never heard of as of today.”
I’d wager that is true....I think likely also it will be b/c of the advance of technology.
This is truly an incredible story.
former roughneck salute!
We consume 18.5~19.0 MMBPD in energy liquids, but that number includes Natural Gas Liquids, ethanol and the like.
US Product Supplied
Actual consumption of refined Petroleum Products has recently varied 15.8~16.7 MMBPD.
How much is produced in the USA per day ?
US Crude Oil Production is ~7.5 MMBPD.
US Crude Oil Production
When you count all our liquid energy production, including those same items like NGLs and ethanol, we are ~11 MMBPD.
U.S. Crude Oil and Liquid Fuels
U.S. Liquid Fuels Supply
Maybe that the general public never heard of, but the folks that actually go after the oil were looking at the geological data a decade or two ago at least.
Studied those maps in school! What many don’t realize is the earth is a closed loop system and has changed many times. Water gets stuck on land masses in the form of ice and the ocean levels decrease, free it from those land masses and the levels increase. Through out that process it takes sediment with it and deposits it on the ocean floors. If you look a Wikipedia you’ll see no mention of this.
Maybe if I just showed them how my stock tanks on the ranch fill with sediment and have to be dredged out every now and then they’d understand.
Thank you .... Hope yer well !
yes yes quite true.
we used to know where it was, but couldn’t get it.
now we know how to get it.
this process will continue...for....how long?
I don’t know. But I think it will be a long time, personally.
Maybe if I just showed them how my stock tanks on the ranch fill with sediment and have to be dredged out every now and then theyd understand.”
I must say....I am envious of people who can write a sentence like that!!!!
One can’t do everything in life. I like the choices I’ve made. But, becoming a rancher would have been a good choice also.
Blessings to you.
Why isn’t Illinois developing this?
What Illinois Shale play has oil already cooked out that can be produced by drilling and Fracturing?
None that I know of, but it appears from the maps you’ve provided that there might be some. Is that true? Are local conditions not conducive or is it regulatory?
I think the reason is mostly geology. I haven’t heard of an oil shale play there.
Sponsoring FReepers are contributing
$10 Each time a New Monthly Donor signs up!
Get more bang for your FR buck!
Click Here To Sign Up Now!
I did not remember hearing about an Illinois Shale Basin, but it looks like there is one that has potential. I did some looking around this morning and found this.
Illinois Basins New Albany Shale: The Next Big U.S. Horizontal Oil Play?
Sep 24, 2013
If you were on the hunt for the next big horizontal
oil play in the U.S., where would you be inclined to look?
Texas? That makes sense; Texas is the top oil producing state in the country.
California? That also makes sense, California has been a top oil producing state for decades.
But Illinois? Well, would you believe it has produced 4 billion barrels already, and 4Tcf (that would be Trillion cubic feet) of natural gas?
Its true. And now, there are rumblings of something very significant happening again in the Illinois oil patchrumblings of a big horizontal oil play.
Companies in the region are keeping their cards close to their vest, but there is enough information in the public domain to know that some oil companies think the Illinois Basins New Albany Shale could hold a sizable shale prize. In fact, Im very surprised we havent heard a lot more about this basin yet.
The Illinois Basin is an oval depression thats roughly 60,000 miles in the United States Mid-Continentsouthern Illinois, southwest Indiana and northwest Kentucky.
Drilling in the Illinois Basin goes back to 1853and like many things, it was discovered accidentally; by drilling that was being done in a search for saltwater. (Early settlers needed saltwater for preserving food and agriculture.)
But it wasnt until the early 1900s that the first Illinois basin oil boom truly occurred when well casings were used to manage all the water. (Most retail investors have no idea how much water the oil industry producesitshuge.)
In the 1930s a second boom started when seismic technology became available and helped to pinpoint oil pools.
This made oil a lot easier to find, and this oil boom lasted through the 1940s and 1950s. Production peaked in 1940 at 147.6 million barrels.
After World War II, production rates fell because all of the easy targets had been drilled. During the boom the Illinois basin was the third largest producing oil basin in the United States.
Since then production has declined with no new oil targets to drill.
That historical production of 4 billion barrels of oil and 4 trillion cubic feet of natural gas was all done with vertical wells in old-style, conventional oil pools; not todays shale or unconventional plays.
All that oil had to come from somewhere. Underneath all those conventional oil pools is the New Albany Shaleand oil andsource rockanalysis indicates thats where the oil came from. Given the success of all these other shale plays in the US under very similar geology, those source rocks could provide a re-birth for oil production in a region that has been in decline for more than half a century.
The New Albany Shale Looks Just Like The Bakken
The New Albany Shale is Devonian age and was formed roughly 350 million years ago in a shallow sea that once covered the eastern half of the United States.
more at link...
So is the earth 6 miles thicker than it was 400 million years ago? Where did all that new mass come from?
No. The entire earth is not covered in sedimentary basins.
Where did all that new mass come from?
It isn't new mass, it is relocated old mass. Erosion happens. There was a time when the Appalachian Mountains were likely as tall as the present day Rocky Mountains. They are far older and much worn down.
This is not Petroleum Science, this is basic geology. Have you ever seen a clear stream run into a glacier river?
That glacier river is carrying a lot of sediment worn off the lands at higher elevations.
Have you seen the Delta of the Mississippi River?
It is built up from sediment carried downstream. That sediment does not all stop at the coastline. Some of it is carried out into deep waters, making them shallower waters over time.
Millions of years with millions of tons of sediment can weigh down on the surface of the mantle, sinking it even deeper. And/or have a subduction zone along side a flat sedimentary plain, either under or above water and sedimentary rock gets carried even deeper.
The Surface of the earth is active. We don't have volcanoes and mountain ranges pushed up from underneath without drawing down other sections of the earth. It doesn't create a vacuum in the mantle when a huge mass pushed up above the current surface, it draws other areas deeper.
How did the Baken reserves form, 2 miles below the current surface?
It only became miles deep in the years following as more and more sediment was laid on top of it. 50 million years after the time period that formed the Bakken, it was still part of the sea in the Pennsylvanian Period.
I don't know the time periods starting and ending this sea in the Dakota's. But it stayed under the ocean for a long time.
Yeah, that is what I just don’t understand. I understand plate movement. I don’t think that happened here. 2 miles of sediment seems unrealistic.
Did that Coober Pedy shale formation in Australia ever pan out? I haven’t heard a word about it for a long time.
Which brings me back to a little song I wrote a number of years ago, concerning the astronomical and ongoing petroleum producing machine which is the oceans and our sun. (Key of Bb)
Oooooh, the sun shine on the ocean,
And it turns the water green.
And the big fish eat the little fish,
It's a bloody horrible scene.
Well, it all falls to the bottom,
Tons of pressure smashes it down.
And it turns into petroleum,
Which makes the world go 'round.
......Nevermind rotting dinosaurs and plant-life, most, if not all, of our oilfields are former or current seabeds.
Do you think 1 inch outside the mouth of the Mississippi River after 1,000 years is unrealistic?
Now do that for 127 million years.
You have to think in geological time frames.
The material laid down in the Balkan is several times older than the formation of the Rocky Mountains.