What is Wolfcamp shale?

What is Wolfcamp shale?

The Wolfcamp Shale is an organic-rich formation that extends in the subsurface. under all three sub-basins of the Permian Basin: the Delaware Basin, Midland Basin, and Central. Basin Platform (Figure 1).

Where is the Wolfcamp shale?

The Wolfcamp Shale within the Delaware Basin of West Texas and southeastern New Mexico is one of the largest unconventional oil reservoirs globally and also produces high volumes of relatively low salinity water.

How deep is the Wolfcamp formation?

approximately 12,000 feet deep
The Wolfcamp formation is the deepest in the center of the basin, measuring approximately 12,000 feet deep, whereas towards the edges of the basin, it is found at a much shallower depths varying from 4,000 to 7,000 feet (figure 3).

What company owns the Wolfcamp oil reserves?

Estimates Include 46.3 Billion Barrels of Oil, 281 Trillion Cubic feet of Natural Gas, and 20 Billion Barrels of Natural Gas Liquids in Texas and New Mexico’s Wolfcamp Shale and Bone Spring Formation.

Where is the Wolfcamp formation?

The Wolfcamp Shale, a Wolfcampian-age organic-rich formation, extends in the subsurface under all three sub-basins of the Permian Basin (Delaware Basin, Midland Basin, and Central Basin Platform) and is the most prolific tight oil and shale gas-bearing formation contained within.

How old is the Wolfcamp formation?

The Permian Basin was developed in the open marine area known as the Tobosa Basin in the middle Carboniferous period approximately 325 million–320 million years ago (Galley, 1958).

What state has the most oil underground?

In line with the fact that Texas is by far the largest U.S. oil producing state, PADD 3 (Gulf Coast) is also the largest oil producing PADD, as it also includes the federal offshore region in the Gulf of Mexico. There are around 650 operational oil and gas rigs in the country.

Where is the Wolfcamp Shale?

Specifically in the Wolfcamp A, Wolfcamp B, Wolfcamp C, and Wolfcamp D and, more recently the Wolfcamp XY in the Delaware Basin. It is important to note that the Wolfcamp Shale (Wolfcamp A, B, C, D) can be found in all three basins, the Midland, Delaware and Central basin platforms at varying depths.

What is the Midland Basin Wolfcamp?

Introduction This document contains updated information and maps for the Wolfcamp play of the Midland Basin, which is a part of the larger Permian Basin.

Who are the top 3 Wolfcamp Hz operators in the Midland Basin?

• The top 3 Wolfcamp HZ Operators have 1,080 wells in the southern Midland Basin • These include: > Pioneer Natural Resources > Apache Corporation > Laredo Petroleum © 2016 IHS Markit. All Rights Reserved. Play Particulars – Lateral Lengths 42

  • August 11, 2022