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To: 2ndDivisionVet
Devon’s tests showed that around 3.6 million barrels of oil could be recovered per square mile, and as the Cline formation covers roughly 9,800 square miles it gives an estimated reserve of more than 30 billion barrels. A fair bit more than the 4.3 billion in the Bakken, or the 3 billion barrels in the Eagle Ford plays.

Small potatoes....the recently discovered New Monterey Shale in California...runs from San Jose to LA weighs in at 500 Billion barrels.

Both eclipsed by the Green River Formation with 3 Trillion barrels of which over 1 Trillion is recoverable with today's technology.

The Rand Corporation, a nonprofit research organization, estimates that 30 to 60 percent of the oil shale in the Green River Formation can be recovered. At the midpoint of this estimate, almost half of the 3 trillion barrels of oil would be recoverable. This is an amount about equal to the entire world's proven oil reserves. ...

17 posted on 02/03/2013 9:01:59 PM PST by spokeshave (The only people better off today than 4 years ago are the Prisoners at Guantanamo.)
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To: spokeshave
Eagle/Ford, Bakken, Cline and Monterey are shale oil formations and are feasible.

The Green River formations are oil shale and are not feasible: some day, perhaps, but not now.

21 posted on 02/03/2013 9:25:57 PM PST by Praxeologue
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To: spokeshave

Remember: There are billions of barrels we can recover today that were out of our reach just decades ago. That means that technology soon will probably give us that which is now impossible to reach. Plus, some new form of energy is almost certainly bound to appear before we use up fossil fuel.


25 posted on 02/03/2013 9:30:32 PM PST by 2ndDivisionVet (I'll raise $2million for Sarah Palin's presidential run. What'll you do?)
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To: spokeshave

If those fields are so great, why is CA bankrupt?


28 posted on 02/03/2013 9:46:20 PM PST by Texas Fossil
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To: spokeshave
Photos: How Oil Wells Once Dominated Southern California's Landscape
30 posted on 02/03/2013 9:52:25 PM PST by Vince Ferrer
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