Plays Flashcards
List the major US plays
Permian Eagle Ford Shale Marcellus Utica DJ Basin/Niobara Haynesville Shale Williston Basin and Bakken Shale Anadarko-Woodford Granite Wash
List the basins in Texas
Permian
Eagle Ford Shale
Haynesville Shale
Granite Wash
In which states (and what parts of them) is the Permian Basin?
Western Texas and Eastern New Mexico
What are the sub-basins within the Permian Basin and where are they?
- Delaware (Western)
- Midland (Eastern)
- Central
The Permian Basin is a \_\_\_\_\_\_\_\_ producing area. A. Oil B. Gas C. Oil & Gas D. None of the above.
C
The Permian Basin accounts for approximately _____ percent of natural gas production in the United States.
15
What is the largest formation in the Delaware basin?
Wolfcamp
Who are the largest Delaware basin operators?
- Occidental
- EOG
- Concho
- Devon
- ExxonMobil
- WPX
- Chevron
- Cimarex
- Diamondback
- Shell
What are the two major formations in the Midland basin?
- Wolfcamp
- Spraberry
Who are the largest Midland basin operators?
- Pioneer
- Diamondback
- Concho
- Endeavor
- Ovintiv
- Chevron
- Parsley
- SM Energy
- ExxonMobil
- Apache
Which Permian basin is considered low-risk, low-reward and why?
Central basin because of low well costs and consistent returns
Which Permian basins are unconventional and conventional targets?
Central is conventional, and Delaware and Midland are unconventional.
Which areas of each of the Permian basins have high oil-gas ratios and which ones have lower ratios?
- Eastern Delaware basin is oilier (and deeper and overpressured)
- Western Delaware is much more complex and fractured
- Eastern Midland is shallower than Delaware and oilier
- Southern Midland has a higher gas to oil ratio
- Central basin is primarily oil
In which state(s) (and what parts of them) is the Eagle Ford Shale in?
Southern Texas
What type(s) of gas is produced in Eagle Ford?
Dry and wet
Why were horizontal drilling and hydraulic fracturing necessary for Eagle Ford?
The shale is brittle in areas of high carbonate content - conventional drill bits need to reduce rpm and weight on the bit, with additional complications arising in curve sections
Which are the highest gas production area(s) of Eagle Ford?
Southern (Webb, Dimmit, LaSalle)
Why has production in Eagle Ford gone up despite rig count falling?
Multi-well pad drilling that allows more wells to be drilled per rig
In which state(s) is the Marcellus Shale primarily in?
- New York
- Ohio
- Pennsylvania
- West Virginia.
What is the largest basin in the Marcellus Shale?
Appalachian Basin
What is the largest natural gas field in the USA?
Marcellus Shale
Why is the Marcellus Shale a relatively expensive target?
Successful wells need to go very deep and, as a result are more expensive to set up.
Which part of the Marcellus Shale is most unproductive and why?
Some parts of the easternmost Marcellus Shale are so deep that the heat and pressure destroy natural gas.