Where is the Duvernay shale basin?
Alberta
The Duvernay Shale basin of west-central Alberta is bounded in the south by shallow-water carbonates of the Eastern Shelf and on its east by shallow-water carbonates of the Grosmont Shelf. On its northwest side, the Duvernay Shale basin is bounded by reefs that fringed the Peace River Arch.
Which country produces the most shale oil?
First, The United States is by far the most dominant producer of both shale gas and tight oil. Canada is the only country of both shale gas and tight oil producer. On the other hand, China is the only other country to produce only shale gas. On the other hand, Argentina is the only other country to produce shale oil.
Is there oil in the Haynesville Shale?
History. The Haynesville Shale underlies a 9,000-square-mile area straddling East Texas and northern Louisiana. [1] The area has produced natural gas and oil through conventional wells for decades. These wells draw oil and gas from part of the Texas-Louisiana-Mississippi Salt Basin.
How long do shale oil wells produce?
AFTER DRILLING After completion, a well can produce for as long as 20 to 40 years–providing energy and long-term revenue to governments and mineral owners and sustaining local jobs.
How deep is the Duvernay formation?
The formation top of the Duvernay shale ranges from 5,600 feet (~1700 m) to 16,400 feet (~5000 m) deep. The depth, formation pressure and gas-oil-ratio increase as we move from northeast towards the southwest area of the play. The Duvernay shale has experienced steady growth in production since 2010.
Where is the Duvernay formation?
central Alberta
Distribution. The Duvernay Formation is present in the sub-surface in central Alberta. It reaches a maximum thickness of 250 metres (820 ft) east of Lesser Slave Lake.
Who is the biggest oil exporter?
Searchable List of Crude Oil Exporting Countries in 2020
| Rank | Exporter | 2019-20 |
|---|---|---|
| 1. | Saudi Arabia | -32.56% |
| 2. | Russia | -40.2% |
| 3. | Iraq | -38.7% |
| 4. | United States | -23% |
Who owns Haynesville Shale?
Chesapeake Energy is the largest leaseholder of the Haynesville Shale with more than 500,000 net acres followed by EnCana and Shell with over 300,000 net acres each. Petrohawk also has over 300,000 net acres targeting the Haynesville. Activity increased dramatically in mid 2008 as oil and gas prices soared.
How many fracking wells are in Louisiana?
In 2016, Louisiana had 17,128 producing crude oil wells and 20,099 producing natural gas wells according to the Louisiana Department of Natural Resources. As of May 2017, hydraulic fracturing in Louisiana occurred primarily in the Haynesville and the Tuscaloosa Marine Shale formations.
How much oil does a well produce per day?
1/2 barrel per day is what a shallow oil well can produce. As long as he covers his costs, the operator will continue to produce. 10,000 barrels a day is how much oil wells can produce. The median well in the U.S. makes between 5 and 10 barrels per day.
How long will Eagle Ford Shale last?
Eagle Ford shale well life expectancy could be as long as thirty years, according to a recent report from EOG Resources. According to that report, 40% of an Eagle Ford shale well’s production will come in the first five years, followed by a long decline curve lasting perhaps as many as thirty years.
How many metres per day in Duvernay shale?
Duvernay drillers have more than tripled metres per day since 2014, to more than 350 metres per day in 2017 from just over 100 metres per day in 2014. Part of this has been an improvement in drilling technology, but the move from exploratory drilling to pad development is likely the cause of much of this gain.
How many stages are in a DuVernay well?
With the ability to drill longer laterals, Duvernay operators have been able to rapidly increase the number of fracturing stages per lateral, but there is substantial variation between wells. In 2015, the majority of Duvernay wells were stimulated with between 25 to 35 stages.
How long does it take to drill Duvernay Formation?
Operators in the Duvernay have up to nine years to drill the formation in order to hold it by production, as opposed to the three years or so that is more typical in the U.S. As a result, Canadian operators have much more time to be selective in choosing which properties to drill.