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Timothy R. Klett

Publications and source records attributed to Timothy R. Klett.

At least 127 records · Page 7Linked to original sources

Assessment of undiscovered oil and gas resources of the West African Costal Province, West Africa

The West African Coastal Province along the west African coastline recently was assessed for undiscovered, technically recoverable oil, natural gas, and natural gas liquids resources as part of the U.S. Geological Survey's USGS World Oil and Gas Assessment. Using a geology-based assessment methodology, the USGS estimated mean volumes of 3.2 billion barrels of oil, 23.63 trillion cubic feet of natural gas, and 721 million barrels of natural gas liquids.

Fact Sheet

Assessment of undiscovered oil and gas resources of the Cook Inlet region, south-central Alaska, 2011

The U.S. Geological Survey (USGS) recently completed a new assessment of undiscovered, technically recoverable oil and gas resources in the Cook Inlet region of south-central Alaska. Using a geology-based assessment methodology, the USGS estimates that mean undiscovered volumes of nearly 600 million barrels of oil, about 19 trillion cubic feet of natural gas, and 46 million barrels of natural gas liquids remain to be found in this area.

Alaska

Assessment of undiscovered oil and gas resources of the Devonian Marcellus Shale of the Appalachian Basin Province

Using a geology-based assessment methodology, the U.S. Geological Survey (USGS) estimated a mean undiscovered natural gas resource of 84,198 billion cubic feet and a mean undiscovered natural gas liquids resource of 3,379 million barrels in the Devonian Marcellus Shale within the Appalachian Basin Province. All this resource occurs in continuous accumulations. In 2011, the USGS completed an assessment of the undiscovered oil and gas potential of the Devonian Marcellus Shale within the Appalachian Basin Province of the eastern United States. The Appalachian Basin Province includes parts of Alabama, Georgia, Kentucky, Maryland, New York, Ohio, Pennsylvania, Tennessee, Virginia, and West Virginia. The assessment of the Marcellus Shale is based on the geologic elements of this formation's total petroleum system (TPS) as recognized in the characteristics of the TPS as a petroleum source rock (source rock richness, thermal maturation, petroleum generation, and migration) as well as a reservoir rock (stratigraphic position and content and petrophysical properties). Together, these components confirm the Marcellus Shale as a continuous petroleum accumulation. Using the geologic framework, the USGS defined one TPS and three assessment units (AUs) within this TPS and quantitatively estimated the undiscovered oil and gas resources within the three AUs. For the purposes of this assessment, the Marcellus Shale is considered to be that Middle Devonian interval that consists primarily of shale and lesser amounts of bentonite, limestone, and siltstone occurring between the underlying Middle Devonian Onondaga Limestone (or its stratigraphic equivalents, the Needmore Shale and Huntersville Chert) and the overlying Middle Devonian Mahantango Formation (or its stratigraphic equivalents, the upper Millboro Shale and middle Hamilton Group).

Alabama, Georgia, Kentucky, Maryland, New York, Oh

New U.S. Geological Survey method for the assessment of reserve growth

Reserve growth is defined as the estimated increases in quantities of crude oil, natural gas, and natural gas liquids that have the potential to be added to remaining reserves in discovered accumulations through extension, revision, improved recovery efficiency, and additions of new pools or reservoirs. A new U.S. Geological Survey method was developed to assess the reserve-growth potential of technically recoverable crude oil and natural gas to be added to reserves under proven technology currently in practice within the trend or play, or which reasonably can be extrapolated from geologically similar trends or plays. This method currently is in use to assess potential additions to reserves in discovered fields of the United States. The new approach involves (1) individual analysis of selected large accumulations that contribute most to reserve growth, and (2) conventional statistical modeling of reserve growth in remaining accumulations. This report will focus on the individual accumulation analysis. In the past, the U.S. Geological Survey estimated reserve growth by statistical methods using historical recoverable-quantity data. Those statistical methods were based on growth rates averaged by the number of years since accumulation discovery. Accumulations in mature petroleum provinces with volumetrically significant reserve growth, however, bias statistical models of the data; therefore, accumulations with significant reserve growth are best analyzed separately from those with less significant reserve growth. Large (greater than 500 million barrels) and older (with respect to year of discovery) oil accumulations increase in size at greater rates late in their development history in contrast to more recently discovered accumulations that achieve most growth early in their development history. Such differences greatly affect the statistical methods commonly used to forecast reserve growth. The individual accumulation-analysis method involves estimating the in-place petroleum quantity and its uncertainty, as well as the estimated (forecasted) recoverability and its respective uncertainty. These variables are assigned probabilistic distributions and are combined statistically to provide probabilistic estimates of ultimate recoverable quantities. Cumulative production and remaining reserves are then subtracted from the estimated ultimate recoverable quantities to provide potential reserve growth. In practice, results of the two methods are aggregated to various scales, the highest of which includes an entire country or the world total. The aggregated results are reported along with the statistically appropriate uncertainties.

Scientific Investigations Report

Assessment of undiscovered oil and gas resources of four west Africa geologic provinces

Four geologic provinces located along the northwest and west-central coast of Africa recently were assessed for undiscovered oil, natural gas, and natural gas liquids resources as part of the U.S. Geological Survey's (USGS) World Oil and Gas Assessment. Using a geology-based assessment methodology, the USGS estimated mean volumes of 71.7 billion barrels of oil, 187.2 trillion cubic feet of natural gas, and 10.9 billion barrels of natural gas liquids.

Fact Sheet

Assessment of undiscovered natural gas resources of the Arkoma Basin province and geologically related areas

Using a geology-based assessment methodology, the U.S. Geological Survey estimated mean volumes of 38 trillion cubic feet (TCF) of undiscovered natural gas, 159 million barrels of natural gas liquid (MMBNGL), and no oil in accumulations of 0.5 million barrels (MMBO) or larger in the Arkoma Basin Province and related areas. More than 97 percent of the undiscovered gas occurs in continuous accumulations-70 percent in shale gas formations, 18 percent in a basin-centered accumulation with tight sandstone reservoirs, and 9 percent in coal beds. Less than 3 percent of the natural gas occurs in conventional accumulations.

Fact Sheet

Assessment of undiscovered oil and gas resources of the Chad Basin Province, North-Central Africa

The Chad Basin Province located in north-central Africa recently was assessed for undiscovered, technically recoverable oil, natural gas, and natural gas liquids resources as part of the U.S. Geological Survey's (USGS) World Oil and Gas Assessment. Using a geology-based assessment methodology, the USGS estimated mean volumes of 2.32 billion barrels of oil, 14.65 trillion cubic feet of natural gas, and 391 million barrels of natural gas liquids.

Fact Sheet

Reserve growth during financial volatility in a technologically challenging world

Reserve growth (growth-to-known) is the addition of oil and gas quantities to reported proved or proved-plus-probable reserves in discovered fields. The amount of reserve growth fluctuates through time with prevailing economic and technological conditions. Most reserve additions are the result of investment in field operations and in development technology. These investments can be justified by higher prices of oil and gas, the desire to maintain cash flow, and by greater recovery efficiency in well established fields. The price/cost ratio affects decisions for field abandonment and (or) implementation of improved recovery methods. Although small- to medium-size fields might show higher percentages of reserve growth, a relatively few giant fields contribute most volumetric reserve growth, indicating that companies may prefer to invest in existing fields with low geologic and production risk and an established infrastructure in order to increase their price/cost relationship. Whereas many previous estimates of reserve growth were based on past trends of reported reserves, future reserve growth is expected to be greatly affected by financial volatility and fluctuating economic and technological conditions.

Open-File Report

Assessment of undiscovered oil and gas in the Arctic

Among the greatest uncertainties in future energy supply and a subject of considerable environmental concern is the amount of oil and gas yet to be found in the Arctic. By using a probabilistic geology-based methodology, the United States Geological Survey has assessed the area north of the Arctic Circle and concluded that about 30% of the world’s undiscovered gas and 13% of the world’s undiscovered oil may be found there, mostly offshore under less than 500 meters of water. Undiscovered natural gas is three times more abundant than oil in the Arctic and is largely concentrated in Russia. Oil resources, although important to the interests of Arctic countries, are probably not sufficient to substantially shift the current geographic pattern of world oil production.

Science

An estimate of recoverable heavy oil resources of the Orinoco Oil Belt, Venezuela

The Orinoco Oil Belt Assessment Unit of the La Luna-Quercual Total Petroleum System encompasses approximately 50,000 km2 of the East Venezuela Basin Province that is underlain by more than 1 trillion barrels of heavy oil-in-place. As part of a program directed at estimating the technically recoverable oil and gas resources of priority petroleum basins worldwide, the U.S. Geological Survey estimated the recoverable oil resources of the Orinoco Oil Belt Assessment Unit. This estimate relied mainly on published geologic and engineering data for reservoirs (net oil-saturated sandstone thickness and extent), petrophysical properties (porosity, water saturation, and formation volume factors), recovery factors determined by pilot projects, and estimates of volumes of oil-in-place. The U.S. Geological Survey estimated a mean volume of 513 billion barrels of technically recoverable heavy oil in the Orinoco Oil Belt Assessment Unit of the East Venezuela Basin Province; the range is 380 to 652 billion barrels. The Orinoco Oil Belt Assessment Unit thus contains one of the largest recoverable oil accumulations in the world.

Fact Sheet

Assessment of Undiscovered Petroleum Resources of the Barents Sea Shelf

Four geologic provinces of the Barents Sea shelf were assessed for undiscovered crude oil, natural gas, and natural gas liquid or condensate resources as part of the U.S. Geological Survey's Circum-Arctic Oil and Gas Resource Appraisal. Using a geology-based methodology, the mean undiscovered, conventional, technically recoverable petroleum resources in the Barents Sea Shelf are estimated to be more than 76 billion barrels of oil equivalent, which includes approximately 11 billion barrels of crude oil, 380 trillion cubic feet of natural gas, and 2 billion barrels of natural gas liquids.

Fact Sheet

Assessment of Undiscovered Hydrocarbon Resources of the Western Oregon and Washington Province

Using a geology-based assessment methodology, the U.S. Geological Survey estimated mean volumes of 2.2 trillion cubic feet (TCF) of undiscovered natural gas and 15 million barrels of oil (MMBO) in the Western Oregon and Washington Province. More than 67 percent, or 1.5 TCF, of the undiscovered natural gas is continuous gas estimated to be coalbed gas in Tertiary coals in western Oregon and Washington.

Fact Sheet

Development of a probabilistic assessment methodology for evaluation of carbon dioxide storage

This report describes a probabilistic assessment methodology developed by the U.S. Geological Survey (USGS) for evaluation of the resource potential for storage of carbon dioxide (CO 2 ) in the subsurface of the United States as authorized by the Energy Independence and Security Act (Public Law 110-140, 2007). The methodology is based on USGS assessment methodologies for oil and gas resources created and refined over the last 30 years. The resource that is evaluated is the volume of pore space in the subsurface in the depth range of 3,000 to 13,000 feet that can be described within a geologically defined storage assessment unit consisting of a storage formation and an enclosing seal formation. Storage assessment units are divided into physical traps (PTs), which in most cases are oil and gas reservoirs, and the surrounding saline formation (SF), which encompasses the remainder of the storage formation. The storage resource is determined separately for these two types of storage. Monte Carlo simulation methods are used to calculate a distribution of the potential storage size for individual PTs and the SF. To estimate the aggregate storage resource of all PTs, a second Monte Carlo simulation step is used to sample the size and number of PTs. The probability of successful storage for individual PTs or the entire SF, defined in this methodology by the likelihood that the amount of CO 2 stored will be greater than a prescribed minimum, is based on an estimate of the probability of containment using present-day geologic knowledge. The report concludes with a brief discussion of needed research data that could be used to refine assessment methodologies for CO 2 sequestration.

Open-File Report

Assessment of Undiscovered Oil and Gas Resources of the Permian Basin Province of West Texas and Southeast New Mexico, 2007

The U.S. Geological Survey (USGS) recently assessed the undiscovered oil and gas potential of the Permian Basin Province of west Texas and southeast New Mexico. The assessment was geology based and used the total petroleum system concept. The geologic elements of a total petroleum system are petroleum source rocks (quality, source rock maturation, generation, and migration), reservoir rocks (sequence stratigraphy, petrophysical properties), and traps (trap formation and timing). This study assessed potential for technically recoverable resources in new field discoveries only; field growth (or reserve growth) of conventional oil and gas fields was not included. Using this methodology, the U.S. Geological Survey estimated a mean of 41 trillion cubic feet of undiscovered natural gas and a mean of 1.3 billion barrels of undiscovered oil in the Permian Basin Province.

Fact Sheet