Showing posts with label usgs. Show all posts
Showing posts with label usgs. Show all posts

Thursday, December 11, 2008

Bakken Shale: Three Forks - Sanish should be tested

Senator Byron Dorgan wants the Sanish/Three Forks Oil region to be tested to find out how much Oil is really there. The Three Forks rests below the Bakken Shale.

Government scientists should try to find out how much crude can be recovered from a promising reservoir beneath North Dakota’s already prolific oil patch, Sen. Byron Dorgan says. The U.S. Geological Survey says a study now would be premature.
The Three Forks-Sanish formation is made up of sand and porous rock directly below the rich Bakken shale in western North Dakota.
“The question is: What’s there and what’s recoverable using today’s technology?” said Dorgan, D-N.D., who said he will make a formal study request to the USGS next week.

Full Article - http://www.jamestownsun.com/articles/index.cfm?id=76697&section=News

Wednesday, September 10, 2008

Haynesville Shale in Mississippi? MNLU drilling Mississippi Salt Basin

Is the Haynesville Shale located in Mississippi? One company, Mainland Resources ( MNLU ) is about to find out whether Mississippi holds any nautral gas in the Mississippi Interior Salt Basin.

MNLU has signed a Letter Agreement to acquire 5000 net acres in Mississippi where the Company plans to drill the first test well to evaluate the potential Haynesville Shale gas formation in the region.

Under the terms of the Letter Agreement, Mainland Resources, Inc. will acquire 100% Working Interest and 75% Net Revenue Interest on all gas formations within the 5000 net acres ("the leases"), which are located in southwestern Mississippi within the Mississippi Interior Salt Basin.

A number of USGS and US Department of Energy resource assessments have been commissioned over this area over the last decade. All report the deep gas potential of the area, pointing to the Upper Jurassic as a favorable exploration target. According to public records, no wells have been drilled to test the Haynesville Shale formation in the target region to date.
Company President Mike Newport states, "We have data that suggests the potential Haynesville Shale in this region could be similar in nature to the gas bearing Haynesville Shale in northwest Louisiana. Our geological team believes that this could be just as productive as the groundwork that's been laid in the Louisiana play."

"No one knew just how good the deep shale in northwest Louisiana was until an exploration company stepped up and drilled the Haynesville, Hosston and Cotton Valley formations. That's what we're setting up to do in this potential new Haynesville shale play in Mississippi," adds Newport.

The Letter Agreement for the acquisition of the Leases is set for closing on or before October 15, 2008 and is subject to standard due diligence review by Mainland Resources, Inc.

Monday, August 25, 2008

Haynesville Shale - Wilcox Aquifier could be affected

The feds' could soon get involved in keeping track of underground water levels affected by drilling in the Haynesville Shale.
Ben McGee with the U.S. Geological Survey met with Caddo officials Friday morning, including commissioners and Parish Administrator Woody Wilson.
The parish may ask the U.S.G.S. to do another study on the Wilcox Aquifer and the long-term effects that gas drilling could have on water levels.
"Bottom line is, it's not hard to stress the Wilcox Aquifer," said McGee, a supervisory hydrologist with the U.S.G.S., who used 2005 study figures in his discussion with parish leaders.

The Wilcox Aquifer accounts for 25-percent of the water supply for Caddo Parish, used primarily in rural, farming areas. Also in attendance, Gary Hanson, who is director of the Red River Watershed Management Institute and Professor of Geology at LSU-Shreveport. He described the Wilcox Aquifer as slow to re-charge (re-fill). Its saving grace, compared to a 'confined' aquifer, is the fact it is a 'surface water re-charge aquifer,' replenished largely by rain water over a large surface area.

Full Article Here