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To: ckilmer
The Cline Shale formation in the Permian basin of west texas will probably get press in the next year or two as being in the same league as Baaken and eagle ford.

Wow. That one was off my radar because of what is happening locally. This is very interesting:

Estimates are the Cline could hold more than 30 billion barrels of recoverable oil, exceeding both the Bakken fields in North Dakota and Eagle Ford in South Texas by nearly 50 percent. With the Cline projected to be 200 to 550 feet deep, that would be the equivalent of 10 Eagle Ford shales stacked on top of each other. The shale contains 85 percent oil and liquids-rich gas.

The United States could easily be energy self-sufficient as well as a major player in the export market for years to come. The only things I see holding it up are qualified manpower mobilization and green utopianism.
14 posted on 01/18/2013 7:07:21 PM PST by PA Engineer (Liberate America from the Occupation Media.)
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To: PA Engineer
And the extended Monterey Shale...

California has long been an oil-producing state, but it’s getting renewed attention because of the Monterey Shale, the country’s largest shale oil resource. It stretches under a large part of Central California. In places like Southern Monterey County, where new oil leases are being offered, the battle for fracking is heating up.

On December 12th, the federal Bureau of Land Management is opening 18,000 acres for oil leases in Monterey, Fresno and San Benito Counties.

The Monterey/Santos shale play in southern California was estimated to hold 15.42 billion barrels, or 64 percent of the total. By comparison, the Bakken Shale was projected to hold 3.59 billion barrels of shale oil resource and the Eagle Ford 3.35 billion.

So the Monterey could hold twice as much recoverable shale oil as the Bakken and Eagle Ford combined.

15 posted on 01/18/2013 8:23:52 PM PST by spokeshave (The only people better off today than 4 years ago are the Prisoners at Guantanamo.)
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To: PA Engineer
And the extended Monterey Shale...

California has long been an oil-producing state, but it’s getting renewed attention because of the Monterey Shale, the country’s largest shale oil resource. It stretches under a large part of Central California. In places like Southern Monterey County, where new oil leases are being offered, the battle for fracking is heating up.

On December 12th, the federal Bureau of Land Management is opening 18,000 acres for oil leases in Monterey, Fresno and San Benito Counties.

The Monterey/Santos shale play in southern California was estimated to hold 15.42 billion barrels, or 64 percent of the total. By comparison, the Bakken Shale was projected to hold 3.59 billion barrels of shale oil resource and the Eagle Ford 3.35 billion.

So the Monterey could hold twice as much recoverable shale oil as the Bakken and Eagle Ford combined.

16 posted on 01/18/2013 8:24:48 PM PST by spokeshave (The only people better off today than 4 years ago are the Prisoners at Guantanamo.)
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To: PA Engineer

We don’t talk about it much.


19 posted on 01/19/2013 3:52:28 AM PST by Dusty Road
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To: PA Engineer

the other thing about the cline formation is that its much cheaper to extract the oil and get it to market. by how much? not sure. they say its the oil is shallower and nicely stacked in layers. plus the infrastructure to get it to market is available. likely the innovation with reusing water will lower costs too.


22 posted on 01/19/2013 3:18:12 PM PST by ckilmer
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