The U.S. Geological Survey has released its latest report on undiscovered oil and gas resources in the Woodford and Barnett shales of the Permian Super Basin. Let’s take a look.
Where is the Permian? The Permian Super Basin includes the Delaware Basin to the west and the Midland Basin to the east, separated by Central High.
Woodford Shale stratigraphy:
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Devonian-age, organic-matter-rich bio-siliceous mudstone with quartzose content of 50–90 percent
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Deposited during a marine transgression across North America
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Maximum thickness is 300 feet with a variable porosity of up to 10 percent
USGS has defined the following assessment units for the Woodford Shale:
No. 1: Woodford Alpine High Continuous Gas
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Undiscovered resources (mean): 6,875 billion cubic feet of gas
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Undiscovered NGL resources (mean): 89 million barrels
No. 2: Woodford Delaware Basin Continuous Gas
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Undiscovered gas resources (mean): 7,520 billion cubic feet of gas
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Undiscovered NGL resources (mean): 75 million barrels
No. 3: Woodford Midland Basin Continuous Oil
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Undiscovered oil resources (mean): 701 million barrels
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Undiscovered gas resources (mean): 2,804 billion cubic feet of gas
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Undiscovered NGL resources (mean): 196 million barrels
No. 4: Woodford Central Basin Platform Continuous Oil
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Undiscovered oil resources (mean): 139 million barrels
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Undiscovered gas resources (mean): 577 billion cubic feet of gas
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Undiscovered NGL resources (mean): 39 million barrels
No. 5: Woodford Central Basin Platform Conventional Oil
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Undiscovered oil resources (mean): 3 million barrels of oil
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Undiscovered gas resources (mean): 13 billion cubic feet of gas
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Undiscovered NGL resources (mean): 1 million barrels
Barnett Shale stratigraphy:
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Middle to Late Mississippian age, organic-rich, mudstone that is rich in quartz and clay minerals
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Deposited in a deep marine basin in front of a large, rimmed carbonate platform
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Maximum thickness is 400 feet with a porosity of 3–6 percent
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After the Barnett deposition, the North American region switched from a passive continental margin to a continental collision between Laurentia and Gondwana during the Permian.
Barnett Shale oil and gas resources: USGS has defined the following assessment units for the Barnett Shale:
No. 1: Barnett Alpine High Continuous Gas
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Undiscovered resources (mean): 7,255 billion cubic feet of gas
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Undiscovered NGL resources (mean): 254 million barrels
No. 2: Barnett Delaware Basin Continuous Gas
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Undiscovered gas resources (mean): 1,672 billion cubic feet of gas
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Undiscovered NGL resources (mean): 50 million barrels
No. 3: Barnett Midland Basin Continuous Oil
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Undiscovered oil resources (mean): 660 million barrels
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Undiscovered gas resources (mean): 1,320 billion cubic feet of gas
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Undiscovered NGL resources (mean): 92 million barrels
No. 4: Barnett Central Basin Platform Continuous Oil
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Undiscovered oil resources (mean): 122 million barrels
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Undiscovered gas resources (mean): 243 billion cubic feet of gas
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Undiscovered NGL resources (mean): 17 million barrels
Go deeper: Read the USGS report here.