View Full Version : Bakken formation - the real scoop
http://www.snopes.com/politics/gasoline/bakken.asp
rastaman
03-24-2009, 03:19 PM
The North American Bakken oil field has received a fair degree of news coverage recently amid claims of up to 500 billion barrels of crude oil under the ground. If this were true this would make it the single largest oil deposit in the world. Where does the Bakken field stand in relation to these claims?
The oil field was discovered over 50 years ago and is located across the border of North Dakota and Montana. The area has been extensively studied. The area is rich in oil shale, a rock formation typically associated with oil deposits. The oil in this formation is thinly spread through the rocks, which is called a continuous oil accumulation. This is opposed to discreet oil deposits where the oil is pooled into one area.
The spread out nature of the oil in this formation makes recovering it an expensive task. Those areas where there is some pooling of oil have already been drilled and developed and to date 105 million barrels of oil have come from the site. A recent report from the United States Geological Survey (USGS) has predicted that a maximum of 4.3 billion barrels of oil can be extracted from the area using conventional technology. Possible technology developments such as horizontal drilling may increase this somewhat. The figure for the amount of recoverable oil in the Bakken formation contrasts sharply with the amount predicted to be present. In 1999 the USGS estimated the total volume of oil in the formation to be in the range of 413 billion barrels.
What then can we make of the claims that this oil field is the solution to America's oil problems, and that development of this field will hail the return of cheap gasoline in the US?
The 4.3 billion barrels of oil available in this area must be seen in context. The United States presently uses somewhere in the vicinity of 7 billion barrels of oil each year, meaning that all the oil readily able to be extracted from this formation would last the US less than eight months. This is in contrast to Saudi oil production which is over 8 billion barrels a year and will continue to be so for some time.
The remainder of the oil in the formation cannot be accessed without great effort and expense. Due to this it is highly unlikely that the field will be developed in a major way until oil prices are so high and demand is so great that there is no alternative.
Clearly the Bakken oil field does not qualify as "the next oil boom". Caution must be exercised when considering investing any money in projects that make improper use of the USGS reports on this formation's oil bearing capacity.
http://www.green-planet-solar-energy.com/bakken-oil.html
Spider
03-24-2009, 03:41 PM
The North American Bakken oil field has received a fair degree of news coverage recently amid claims of up to 500 billion barrels of crude oil under the ground. If this were true this would make it the single largest oil deposit in the world. Where does the Bakken field stand in relation to these claims?
The oil field was discovered over 50 years ago and is located across the border of North Dakota and Montana. The area has been extensively studied. The area is rich in oil shale, a rock formation typically associated with oil deposits. The oil in this formation is thinly spread through the rocks, which is called a continuous oil accumulation. This is opposed to discreet oil deposits where the oil is pooled into one area.
The spread out nature of the oil in this formation makes recovering it an expensive task. Those areas where there is some pooling of oil have already been drilled and developed and to date 105 million barrels of oil have come from the site. A recent report from the United States Geological Survey (USGS) has predicted that a maximum of 4.3 billion barrels of oil can be extracted from the area using conventional technology. Possible technology developments such as horizontal drilling may increase this somewhat. The figure for the amount of recoverable oil in the Bakken formation contrasts sharply with the amount predicted to be present. In 1999 the USGS estimated the total volume of oil in the formation to be in the range of 413 billion barrels.
What then can we make of the claims that this oil field is the solution to America's oil problems, and that development of this field will hail the return of cheap gasoline in the US?
The 4.3 billion barrels of oil available in this area must be seen in context. The United States presently uses somewhere in the vicinity of 7 billion barrels of oil each year, meaning that all the oil readily able to be extracted from this formation would last the US less than eight months. This is in contrast to Saudi oil production which is over 8 billion barrels a year and will continue to be so for some time.
The remainder of the oil in the formation cannot be accessed without great effort and expense. Due to this it is highly unlikely that the field will be developed in a major way until oil prices are so high and demand is so great that there is no alternative.
Clearly the Bakken oil field does not qualify as "the next oil boom". Caution must be exercised when considering investing any money in projects that make improper use of the USGS reports on this formation's oil bearing capacity.
http://www.green-planet-solar-energy.com/bakken-oil.html
Horse piss and snopes also , the bakken field alone could carry us 10-12 years on its own , not including whats in Colorado , Utah ......... if you take all the Shale oil reserves here in America , you can and will out produce the entire middle east and Russia , Canada , Mexico , and a majority of South America .............
Laramie
03-24-2009, 03:47 PM
Horse piss and snopes also , the bakken field alone could carry us 10-12 years on its own , not including whats in Colorado , Utah ......... if you take all the Shale oil reserves here in America , you can and will out produce the entire middle east and Russia , Canada , Mexico , and a majority of South America .............
oooh..homo trucker boy. trying to think instead of molesting little boys
Horse piss and snopes also , the bakken field alone could carry us 10-12 years on its own , not including whats in Colorado , Utah ......... if you take all the Shale oil reserves here in America , you can and will out produce the entire middle east and Russia , Canada , Mexico , and a majority of South America .............
Lessee...
The USGS and petroleum geologists say one thing. Spider, who's seen lots of trucks carrying oil rigs around, says another.
Clearly, Spider is the uncontested expert on the potential of the Bakken formation, as well as shale oil. Those USGS guys and the experts are nothing but pussies.
Rohirrim
03-24-2009, 04:24 PM
Is there enough oil there to free us from our dependency on ME oil? It doesn't have to replace all the oil we need, just enough to free us from the ME ****hole.
Spider
03-24-2009, 04:33 PM
Lessee...
The USGS and petroleum geologists say one thing. Spider, who's seen lots of trucks carrying oil rigs around, says another.
Clearly, Spider is the uncontested expert on the potential of the Bakken formation, as well as shale oil. Those USGS guys and the experts are nothing but pussies.
Thats right and dont you forget it ............. think back jerk off , I was talking Shale oil before half of you ****s knew what it was .... and I turned out to be right ............
Spider
03-24-2009, 04:36 PM
Is there enough oil there to free us from our dependency on ME oil? It doesn't have to replace all the oil we need, just enough to free us from the ME ****hole.
Here is the problem with Shale , it would need additives , Kerogyn it what it really is , low grade oil , worse then Canadian oil , and it takes water to get it , not as much as people will tell you ,but you get the point ....... we could flood the entire crude oil market with in 5 months ........ Co2 Injections ... thats where it is at
Is there enough oil there to free us from our dependency on ME oil? It doesn't have to replace all the oil we need, just enough to free us from the ME ****hole.
No, there's not enough there for us to tell the ME to **** off.
Thats right and dont you forget it ............. think back jerk off , I was talking Shale oil before half of you ****s knew what it was .... and I turned out to be right ............
I've known about shale oil since you were filling diapers with your own crude, sonny.
snowspot66
03-24-2009, 05:30 PM
oooh..homo trucker boy. trying to think instead of molesting little boys
You don't even have 50 posts. Try posting something of substance and save the **** slinging for those in the thousands. They've had years to prove themselves idiots or geniuses. You've removed all doubt in ten minutes.
Spider
03-24-2009, 05:56 PM
I've known about shale oil since you were filling diapers with your own crude, sonny.
well then stop using Viagra and start using pills that will help your memory
Spider
03-24-2009, 05:57 PM
No, there's not enough there for us to tell the ME to **** off.
Yes there is ...... Easy . here forget about Shale , google Section 8 in the gulf of Mexico ............good grief
Spider
03-24-2009, 05:58 PM
You don't even have 50 posts. Try posting something of substance and save the **** slinging for those in the thousands. They've had years to prove themselves idiots or geniuses. You've removed all doubt in ten minutes.
;D I think he is a reg under a different name , if not here then over on the other board .. I asked to meet him , he wouldnt give out any info ...
snowspot66
03-24-2009, 06:06 PM
Oh, well carry on then.
Spider
03-24-2009, 06:28 PM
Oh, well carry on then.
;D I finally put him on ignore . the only person I ever have ....
All those petroleum geologists wasted all those years getting their Ph.D.s and writing papers and doing field work - they shoulda just been driving trucks. That would tell them absolutely all they need to know.
Spider is operating under the illusion that we can drill our way to energy independence and that crude will last us for practically forever. Whatever substance causes that kind of thinking is definitely Schedule 1, bigtime.
cutthemdown
03-24-2009, 08:14 PM
Lessee...
The USGS and petroleum geologists say one thing. Spider, who's seen lots of trucks carrying oil rigs around, says another.
Clearly, Spider is the uncontested expert on the potential of the Bakken formation, as well as shale oil. Those USGS guys and the experts are nothing but pussies.
Dude let me see you go to every USGS expert and punch them in the throat. Otherwise stop being such a bedwetter. Hilarious!
cutthemdown
03-24-2009, 08:17 PM
Yeah but what do those states look like after we carve all the Shale Oil out? Also how do we get the large amounts of water it will take. Also the water has to be heated? correct? that take energy and produces large amounts of CO2, with Obama's cap and trade co2 plan coming out I'm not sure the shale oil will ever be mined.
They already slapped a stoppage on the mountaintop coal mining, you think these liberals are going to carve up the country to get at shale oil? It aint happening.
Spider
03-24-2009, 09:24 PM
All those petroleum geologists wasted all those years getting their Ph.D.s and writing papers and doing field work - they shoulda just been driving trucks. That would tell them absolutely all they need to know.
Spider is operating under the illusion that we can drill our way to energy independence and that crude will last us for practically forever. Whatever substance causes that kind of thinking is definitely Schedule 1, bigtime.
Pretty much ........... soon it will dawn on you Kerogyn isnt oil ....... Look the USGS said just last year http://www.evworld.com/library/Oil_S...ignificant.pdf
Class dismissed
Spider
03-24-2009, 09:32 PM
Yeah but what do those states look like after we carve all the Shale Oil out? Also how do we get the large amounts of water it will take. Also the water has to be heated? correct? that take energy and produces large amounts of CO2, with Obama's cap and trade co2 plan coming out I'm not sure the shale oil will ever be mined.
They already slapped a stoppage on the mountaintop coal mining, you think these liberals are going to carve up the country to get at shale oil? It aint happening.
it isnt carving out ........ it is standard drilling , with Co2 injection ........ Define large amounts of water ?
would yo usay the water pollution is as bad as methane gas or natural gas pollution ? if so why ? if not why ?
or is it it would pollute the water table ? and if so how bad ?
I hate being a genius , but just so you know we can drill our way out of this mess , but enviro hippies like you and W*GS **** everything up without knowing what in the hell you are babbling about
Spider
03-24-2009, 09:42 PM
Strip mining coal is what you are babbling about Cuthtemdown .........And I dont have a problem with it as long as they ( the coal companies ) do restoration after they are done
cutthemdown
03-24-2009, 11:04 PM
I'm no environmentalist but I'm also not a rape the land sort. I was more pointing out that if large amounts of energy are needed Obama's cap and trade may make doing this sort of thing in the USA too expensive.
In Canada I know they have torn up huge chunks of land to get at this type of oil. The mess left behind isn't really too pretty. Obviously that must be the old way. I'm not pretending to know anything about it just saying that the climate for stuff like this was better under Bush then Obama.
Obama is going to curtail domestic coal and oil, and invest in solar and wind. He's going to do it by trying to tax c02 output.
So whatever they can extract that oil for, you will have to add a huge tax to the co2 it will emit. Then we will have to see how much water it will use up? I don't know, what sort of environmental impact it will have, will the govt even keep allowing it etc.
Trust me I would love us to pump so much oil we make Saudi Arabia look like a puddle, that would be cool. I just don't see the country wanting to do it, they want wind and solar because they are convinced on global warming.
watermock
03-24-2009, 11:38 PM
To me, it's a reserve.
The environmental and water costs along wit CO2 is prohibitive at this point.
Solar and wind is fine, but we have to shut down the unsafe nuclear that are bound to fail and start building safe, thorium reactors and storing spent waste at yucca Mtn.
Bronco Bob
03-24-2009, 11:52 PM
To me, it's a reserve.
The environmental and water costs along wit CO2 is prohibitive at this point.
Solar and wind is fine, but we have to shut down the unsafe nuclear that are bound to fail and start building safe, thorium reactors and storing spent waste at yucca Mtn.
All these are sort of interim measures. Eventually someone is going to
figure out how to make nuclear fusion practical using the heavy hydrogen
in seawater, and this should cover our energy needs for millions of years.
So the trick is to not wreck the planet, make it uninhabitable for humans,
until someone can figure out how to do this.
watermock
03-25-2009, 12:59 AM
Since I'm basically Lazarus at this point, and was left in a brain dead ward, along with 100 Alzhweimers patients, and 100 criminally insane convicts, anmd 1` of toto get chaired out then walk and drive, passing the...
Fusion is for dreamers.
We need more advanced thorium reactors and BEYOND.
Spider
03-25-2009, 05:28 AM
I'm no environmentalist but I'm also not a rape the land sort. I was more pointing out that if large amounts of energy are needed Obama's cap and trade may make doing this sort of thing in the USA too expensive.
In Canada I know they have torn up huge chunks of land to get at this type of oil. The mess left behind isn't really too pretty. Obviously that must be the old way. I'm not pretending to know anything about it just saying that the climate for stuff like this was better under Bush then Obama.
Obama is going to curtail domestic coal and oil, and invest in solar and wind. He's going to do it by trying to tax c02 output.
So whatever they can extract that oil for, you will have to add a huge tax to the co2 it will emit. Then we will have to see how much water it will use up? I don't know, what sort of environmental impact it will have, will the govt even keep allowing it etc.
Trust me I would love us to pump so much oil we make Saudi Arabia look like a puddle, that would be cool. I just don't see the country wanting to do it, they want wind and solar because they are convinced on global warming.
This is were the rubber meets the road ..........we need energy , what is the price we are willing to pay ?
I hate being a genius , but just so you know we can drill our way out of this mess , but enviro hippies like you and W*GS **** everything up without knowing what in the hell you are babbling about
You're wrong. We cannot just drill and drill and drill and satisfy our addiction to oil forever and ever.
Obviously you don't give a flying **** about your kids.
Spider
03-25-2009, 05:33 PM
You're wrong. We cannot just drill and drill and drill and satisfy our addiction to oil forever and ever.
Obviously you don't give a flying **** about your kids.
Oh bull**** ....... you freaking enviro hippie , we can and should drill our way out . all of us grew up around this **** , and we all turned out fine except you , Barryr and Cuththem down when it comes to messican trucks ( he kinda touchy about those ) .........More clean coal , more nuke , more oil ......... it is all good
Oh bull**** ....... you freaking enviro hippie , we can and should drill our way out . all of us grew up around this **** , and we all turned out fine except you , Barryr and Cuththem down when it comes to messican trucks ( he kinda touchy about those ) .........More clean coal , more nuke , more oil ......... it is all good
Now you're just being a retard.
Spider
03-25-2009, 05:55 PM
Now you're just being a retard.
I hope they find oil in your Peace garden you flippin hippie ....... other then that , we both know I am right .....
I hope they find oil in your Peace garden you flippin hippie ....... other then that , we both know I am right .....
You're wrong, but that won't keep you from flapping your gums...
Spider
03-25-2009, 06:20 PM
You're wrong, but that won't keep you from flapping your gums...
you know I am right , there is enough oil , enough coal .... drill and dig ........ thats all there is to it ....Besides isnt there an episode of Captain Planet on now ?
I prefer "Star Trek", little buddy...
Spider
03-25-2009, 06:27 PM
I prefer "Star Trek", little buddy...
well then , may the force be with you at your hippie commune ..........Lettuce eating bastard
I least I won't die trying to crap a lifetime of red meat out my ass.
Spider
03-25-2009, 06:46 PM
I least I won't die trying to crap a lifetime of red meat out my ass.
well everyone needs a hobby
well everyone needs a hobby
With you, it's a profession.
Spider
03-25-2009, 07:02 PM
With you, it's a profession.
well W*GS when I see you I am buying you a wendys baconator , you need to do more with your ass then talk out of it ...........
well W*GS when I see you I am buying you a wendys baconator , you need to do more with your ass then talk out of it ...........
I didn't think you were into asses, Spider. Kinda scary...
Spider
03-25-2009, 07:48 PM
I didn't think you were into asses, Spider. Kinda scary...
LOL now you are just flattering yourself , but then I cant blame you for wanting me to be interested in you and your ass ........ I am pretty awesome
Not my ass - it's strictly "Exit Only".