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Here comes the Wolfcamp Shale Formation in Texas

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Here comes the Wolfcamp Shale Formation in Texas
Posted by samfp1943 on Wednesday, November 16, 2016 6:56 PM

The railroads have benefited from the material needs of the Marcellus Shale Formation ( Pennsylvaina and that area), and of course, the Bakken Formation in North Dakota, Montana, and the Canadian Provinces of Saskachewan, and Manitoba.

"Permian’s Wolfcamp formation called biggest shale oil field in U.S."

Nov.17.2016By Brittany Sowacke/ Bloomberg News &

Read more here: http://www.star-telegram.com/news/business/article114931993.html#storylink=cpy

Story linked @ http://www.star-telegram.com/news/business/article114931993.html

  Now there has apparently been reported a 'new' field in the Permian Basin of West Texas. The Wolfcamp Formation of Shale oil.

FTA:"...In a troubled oil world, the Permian Basin is the gift that keeps on giving.

One portion of the giant field, known as the Wolfcamp formation, was found to hold 20 billion barrels of oil trapped in four layers of shale beneath West Texas. That’s almost three times larger than North Dakota’s Bakken play and the single largest U.S. unconventional crude accumulation ever assessed, according to the U.S. Geological Survey. At current prices, that oil is worth almost $900 billion.

The estimate lends credence to the assertion from Pioneer Natural Resources CEO Scott Sheffield that the Permian’s shale could hold as much as 75 billion barrels, making it second only to Saudi Arabia’s Ghawar field. Irving-based Pioneer has been increasing its production targets all year as drilling in the Wolfcamp produced bigger gushers than the company’s engineers and geologists forecast..."

It would seem to be an auspicious announcement for the incoming new Trump Administration. Could be quite a deal in a time of 'flagging ' railroad loadings ? I would guess that remains to be seen ?


Read more here: http://www.star-telegram.com/news/business/article114931993.html#storylink=cpy

 

 


 

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Posted by MidlandMike on Wednesday, November 16, 2016 7:41 PM

While the Permian shales of Texas may hold almost as much oil as the big Saudi Arabian field, the tight shale oil is much harder to recover, and much of it will never be recovered.  Also the Permian field has existing pipeline networks.

RME
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Posted by RME on Wednesday, November 16, 2016 8:29 PM

from samfp1943
Irving-based Pioneer has been increasing its production targets all year as drilling in the Wolfcamp produced bigger gushers than the company’s engineers and geologists forecast..."

Shale oil 'gushers'?  Did I miss something?

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Posted by samfp1943 on Wednesday, November 16, 2016 10:36 PM

MidlandMike

While the Permian shales of Texas may hold almost as much oil as the big Saudi Arabian field, the tight shale oil is much harder to recover, and much of it will never be recovered.  Also the Permian field has existing pipeline networks.

 

 Midland Mike: here is another linked site with some more information on the Wolfcamp area in WestTexas @ http://oilshalegas.com/wolfcampshale.html

 The point I had noted in my OP was that, although this area might be 'currently active'; there are several mentions of the horizontal drilling [ie:fracing] in the area, and the success that it is having.

  My thought was that those activities require large quantities of drill pipe, and frac sand, as well as other bulk type supplies.  Possibly, also some adjunct rail transport by tanks , to supliment the pipelines?  Seems like a pretty good opportunity for the area railroads to build on(?) 

 

 


 

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Posted by MidlandMike on Thursday, November 17, 2016 11:41 PM

Sam, I should have picked up on your phrasing of the "material" needs of the oil fields.  Yes the rails carry lots of frac sand.  They also carry drilling mud from Wyoming (bentonite).  I would not be suprised they carry some pipe, but most pipe tends to be trucked.  The drill pipe is carried with the rig from one drill project to the next, and casing pipe needs depend on outcome of the well (gusher or dry hole) and are extremely time sensitive.  I know some crude oil was carried by rail in the Texas/NM area, but never reached the levels of the Bakken.  Nevertheless, shale development has been good to the rails.

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Posted by CandOforprogress2 on Saturday, November 19, 2016 8:32 AM

We cant allow this to be developed or the atmosphere will burn off and the oceans will boil off into space due to global warming. This will be bad for light and commuter rail as gas will be cheap and will be a good exscuse not to build more green train lines.President Obama should declare this a National Park by excutive order before its too late.

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Posted by Deggesty on Saturday, November 19, 2016 10:42 AM

CandOforprogress2

We cant allow this to be developed or the atmosphere will burn off and the oceans will boil off into space due to global warming. This will be bad for light and commuter rail as gas will be cheap and will be a good exscuse not to build more green train lines.President Obama should declare this a National Park by excutive order before its too late.

 

Are you being sarcastic, or are you a true believer in what you wrote?

Johnny

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Posted by RME on Saturday, November 19, 2016 12:20 PM

Deggesty
Are you being sarcastic, or are you a true believer in what you wrote?

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Posted by samfp1943 on Saturday, November 19, 2016 1:23 PM

Deggesty

 

 
CandOforprogress2

We cant allow this to be developed or the atmosphere will burn off and the oceans will boil off into space due to global warming. This will be bad for light and commuter rail as gas will be cheap and will be a good exscuse not to build more green train lines.President Obama should declare this a National Park by excutive order before its too late.

 

 

 

Are you being sarcastic, or are you a true believer in what you wrote?

 

 

  Johnny: I suspect your question was rhetorical and you knew the answer before it was put forward.... Hmm

    RME's  was a more than adequate response.Whistling

   I fully expected that this topic was laying myself open to those who would possibly choose to make it either political, or off topical, or both...and potentially very controversial in some 'circles'. 

  The facts seem to be that these large petroleum production fields have, in the past created opporrtunities for railroad companies in the areas of their discoveries, and outside their locales, for transportation to users. Frac sand being a major item for railroads...In this area both BNSF and UPR seem to host on a regular basis unit trains of closed hopper cars (loaded and empty returning for reloading) of the type used to transport heavy bulk items like cement, and sand. 

  There have been articles relating to how the Class 1 railroads and shortlines in Pennsylvania and Ohio have benefited from this traffic as related to the 'Marcellus' formations ( The Utica produces petroleum, while the deeper strata in Pennsylvaina is producing natural gas) and in New York State the local politics seem to have precluded any benefits(?). For info on Marcellus and Utica Shale Formations. See link @ http://geology.com/articles/marcellus-shale.shtml

There is a link on the site I posted in my original post that gives a directory of sites across the U.S. for the potential shale oil and gas fields.

Specifically the index/directory on the left side of the page.@http://oilshalegas.com/wolfcampshale.html

   

 

 

 

 


 

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Posted by blue streak 1 on Saturday, November 19, 2016 5:27 PM

The sun and consequently the earth goes thru  heating and cooling cycles.  As science has shown the whole southern area of the US all the way to the Columbus - Macon - Augusta was once the shore line.

A mini ice age occurred just 10,000 years ago.  Wooly manmouths went extent.  Can this be another cycle who knows ?  What causes this sun and global warming?  Jury is still out for this poster. 

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Posted by Norm48327 on Sunday, November 20, 2016 12:17 PM

RME
Deggesty
Are you being sarcastic, or are you a true believer in what you wrote?

 

 

RME, You're working out of your classification. Trolling is Ron Travis' job. Wink

Norm


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Posted by samfp1943 on Sunday, November 20, 2016 12:20 PM

blue streak 1

The sun and consequently the earth goes thru  heating and cooling cycles.  As science has shown the whole southern area of the US all the way to the Columbus - Macon - Augusta was once the shore line.

A mini ice age occurred just 10,000 years ago.  Wooly manmouths went extent.  Can this be another cycle who knows ?  What causes this sun and global warming?  Jury is still out for this poster. 

 

 

        Blue Streak 1: Not to worry!  your troubles will only start when the Salt water levels rise in the Chattahoochee, or it starts to cut a channel towards the Flint. Then, you need to get the row boat concession for Noonan.. Whistling

    Can't tell you about the weather predictibility of the deceased wooly mamouths... Wooly Worms, maybe...Check with Murphy Siding, They get colder, faster in his neck of the woods. Captain 

        [By the way:; I have also learned the color of that fuzz is very important! Brown/reddish colors signal a milder winter where the black fuzz signals a colder winter. A few years ago I also found out about the white wooly worms! Did you know that white fuzz means blizzard...]

 

 

 


 

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Posted by desertdog on Sunday, November 20, 2016 12:43 PM

I travel through this area regularly. You see long lines of frac sand hoppers at team tracks in Midland and Odessa along I-20 (north side of road), as well as tank cars of acid in places and, as noted, special cars to carry drilling mud.

 

John Timm

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Posted by RME on Sunday, November 20, 2016 12:56 PM

samfp1943
[By the way:; I have also learned the color of that fuzz is very important! Brown/reddish colors signal a milder winter where the black fuzz signals a colder winter. A few years ago I also found out about the white wooly worms! Did you know that white fuzz means blizzard...]

I had one of those years ago!  All you need is a woolly-bear or gypsy-moth caterpillar hanging from a branch by its thread.  If the caterpillar is:

Wet - it's rainy weather

Swinging - windy

Swinging heavily - hurricane or tornado

White - snowing

Invisible - foggy (or nighttime)

On fire - lightning

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