SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (103143)6/18/2008 10:37:16 AM
From: Broken_Clock  Respond to of 206093
 
Summary of Weekly Petroleum Data for the Week Ending June 13, 2008

U.S. crude oil refinery inputs averaged 15.4 million barrels per day during the
week ending June 13, up 120 thousand barrels per day from the previous week's
average. Refineries operated at 89.3 percent of their operable capacity last
week. Gasoline production remained relatively unchanged from the previous week,
averaging about 9.0 million barrels per day. Distillate fuel production
decreased last week, averaging 4.4 million barrels per day.

U.S. crude oil imports averaged about 10.3 million barrels per day last week, up
571 thousand barrels per day from the previous week. Over the last four weeks,
crude oil imports have averaged nearly 9.7 million barrels per day, 487 thousand
barrels per day below the same four-week period last year. Total motor gasoline
imports (including both finished gasoline and gasoline blending components) last
week averaged 1.0 million barrels per day. Distillate fuel imports averaged 257
thousand barrels per day last week.

U.S. commercial crude oil inventories (excluding those in the Strategic
Petroleum Reserve) decreased by1.2 million barrels from the previous week. At
301.0 million barrels, U.S. crude oil inventories are at the lower boundary of
the average range for this time of year. Total motor gasoline inventories
decreased by 1.2 million barrels last week, and are in the lower half of the
average range. Finished gasoline inventories increased last week while gasoline
blending components inventories decreased during this same time. Distillate fuel
inventories increased by 2.6 million barrels, and are in the lower half of the
average range for this time of year. Propane/propylene inventories remained
unchanged last week and moved below the lower limit of the average range. Total
commercial petroleum inventories increased by 0.6 million barrels last week, and
are near the bottom of the average range for this time of year.

Total products supplied over the last four-week period has averaged 20.4 million
barrels per day, down by 1.3 percent compared to the similar period last year.
Over the last four weeks, motor gasoline demand has averaged about 9.3 million
barrels per day, down by 1.8 percent from the same period last year. Distillate
fuel demand has averaged nearly 4.1 million barrels per day over the last four
weeks, down by 0.4 percent from the same period last year. Jet fuel demand is
1.9 percent lower over the last four weeks compared to the same four-week period
last year.



To: elmatador who wrote (103143)6/18/2008 12:57:27 PM
From: cyesp  Read Replies (2) | Respond to of 206093
 
Paper on Angola and Brazilian Oil Plays - is below
I haven't been able to confirm, but it appears the pre-salt play in Brazil is Cretaceous to Tertiary in age, so the relevant map looks like this .....http://www.scotese.com/K/t.htm
Gondwana was a little earlier

sp.lyellcollection.org
hgs.org

Lower Cretaceous Stratigraphy and Source Rock Distribution in Pre Salt Basins of the South Atlantic: Comparison of Angola and Southern Brazil by M.A. Pasley (Kerr McGee), E.N. Wilson (Amoco), V.S. Abreu (Unocal), M.G.P. Brandao (Sonangol) and A.S. Telles (Petrobras)
Petroleum Geology of Block 2, Offshore Congo Basin, Angola by Tako Koning, Texaco Angola Inc., & Odette De Deus, Sonangol, Luanda, Angola
Parametric Paleoclimate Simulations of Depositional Environments with an Emphasis on Source Rocks and Reservoirs by Malcolm I. Ross, Director, PALEOMAP Foundation.

*Original paper presented at the Hedberg AAPG/ABGP Joint Research Symposium "Petroleum Systems of the South Atlantic Margin" November 16 19, 1997, Rio de Janeiro, Brazil.
Al Danforth, Texaco Inc., Bellaire, Texas, USA
Tako Koning, Texaco Angola Inc., Luanda, Angola
Odette de Deus, Sonangol, Luanda, Angola

Abstract:

The Kwanza and Benguela basins of coastal and offshore central Angola (Figure 1) are under explored but have significant exploration potential. The basins are part of the greater Aptian salt basin of West Africa and Brazil that formed during the opening of the South Atlantic. Recent discoveries in deepwater blocks awarded in the early 1990s in the Congo basin, offshore northern Angola, have generated a lot of industry interest. New blocks recently awarded in the Kwanza and Benguela basins will be the next frontier to be drilled. Our paper focuses on the regional geologic framework in this exciting area.

The Benguela Basin is undrilled, but oil accumulations are known in the Kwanza Basin in Albian carbonates (Catumbela Fm.), Tertiary sandstones and the pre salt Cuvo Fm. Based on analyses of oils from seeps, and petroleum and bitumen extracts from outcrops and wells, there are at least two source rock intervals generating oil in the basins. One is an anoxic lacustrine sequence in the pre salt section, similar to the Bucomazi source rocks of Cabinda, and the second is a marine carbonate inferred to be the basin facies of Albian shelf carbonates (downdip equivalent of the Tuenza Fm. of the Kwanza basin or Pinda of the Lower Congo Basin). Both units are penetrated by wells in Block 9 in the southern, offshore Kwanza Basin. Basin micrites of Albian age also occurred in DSDP site 364 at the seaward margin of the Benguela Basin, where the source richness was much greater than that observed in the wells. Analysis of biomarker data from site 364 helped constrain the interpretation of the origin of oils found in offshore seeps and wells.

Both basins were affected by pronounced uplift of the continental margin in the Neogene. Uplift and seaward tilting amplified deformation of the salt beyond that observed throughout the Aptian salt basin of West Africa. Depositional loading by clastics shed from the raised areas enhanced rafting of slabs of the post salt section downdip along the base of salt decollement, creating salt ridges, diapirs, and allochthonous sheets in offshore areas. In the southern Kwanza Basin, deformation was further modified by buttressing of the mobile salt against a volcanic chain. The chain of seamounts, presumed to be of early to mid Cretaceous age, separates the Kwanza and Benguela basins. Elsewhere, the pattern of salt ridges and diapirs proceeds seaward to where salt nappes appear to have overridden the abyssal plain and presumed oceanic crust of the South Atlantic.

Considering Tertiary isopachs, sediment rafts that moved progressively seaward on the salt decollement controlled the distribution of sediment. Grabens formed at the updip margin of each raft captured thick sections of clastics in which sandstones and shales as young as Miocene rest directly on presalt sediments. Lateral boundaries between sediment rafts, where extensional, may have provided avenues for basinward transport of sands, allowing bypass of parts of the shelf and upper slope. Other boundaries between rafts had local strike slip movement, as demonstrated by compressional or transpressional features where adjacent rafts moved at different times or rates. An asphalt impregnated, overturned fold at Cabo Ledo, along the shoreline in the Kwanza Basin, is interpreted to have formed in this manner rather than along a transform fault associated with sea floor spreading, as has been previously proposed. Orientation of the lateral boundaries between salt rafts (same direction as the dip of the base of salt decollement) is similar to the orientation of the seafloor transforms, or perpendicular to the continental margin at the time of spreading. Rafting of the post salt section has transported large volumes of shelf sediments as much as 20 kilometers basinward. Restoration of rafted terrain facilitates paleogeographic mapping of the Albian carbonate facies.

Salt tectonics also affected patterns of petroleum migration. Much of the salt is concentrated into ridges, diapirs or allochthonous bodies, with the remainder being isolated salt prisms trapped as the salt sheet evacuated the area in its basinward movement. In areas of greatest sediment loading, salt welds allowed oil from pre salt sources to move into younger reservoirs. Numerous seafloor oil seeps occur in downdip areas of the southern Kwanza Basin, where salt diapirs are abundant. Vertical movement of the salt, which has carried rocks as old as Campanian up to the sea floor, also provided conduits for oil migration.

Tertiary sandstone petrology in the offshore Kwanza and Benguela basins is expected to be different, since the provenance of the sands is different. In the Kwanza Basin, as much as two kilometers of uplifted Cretaceous and Paleogene sediments were removed during the Neogene from the onshore and redeposited in deepwater offshore. In the Benguela Basin, adjacent basement areas were uplifted as much as three kilometers, creating a steep gradient that facilitated delivery of first cycle siliciclastics from a mixed granite and metamorphic terrain into the deep basin during the Neogene.

A volcanic chain separating the two basins offshore extends onshore as a series of syenite and carbonatite intrusives. Basalts and minor rhyolites occur where the chain crosses the boundary fault at the edge of the basement outcrop. Locally, a basalt (basanite) dated as Cenomanian fills in karstified Albian carbonates, implying local post Albian, pre Cenomanian doming associated with one of the volcanic centers. Volcanics have been observed onshore and in southern Block 9 offshore, however the linear extent of a chain of seamounts trending WNW for a great distance offshore was only recently recognized through the use of satellite altimetry derived gravity data. The age of volcanic activity is not well documented.

Streams discharging from the volcanic area should have deposited a mixture of volcanic and intrusive igneous debris locally in the northern part of the Benguela Basin. The influence of the Tertiary sandstones on reservoir quality is thought to be localized, since volcanic lithologies or problematic mineralogy are not seen in either DSDP site 364, 50 kilometers south of the chain or in the Tertiary section penetrated by the Mucua # 1 well, 40 kilometers north of the chain.

The structural history of the area has generated many styles of traps, most of which are undrilled. Objectives range from presalt to Albian shelf carbonates to Tertiary deepwater fans. Numerous traps with anomalous seismic amplitudes in the Tertiary occur on anticlines and on the flanks of salt structures. Pre salt sources have been in the oil window since the early Tertiary. Post salt sources are modeled to have locally generated and expelled petroleum coincident with late Tertiary sediment loading.

The principal exploration risks in the deepwater areas of the Kwanza and Benguela basins are petroleum charge and reservoir quality. The efficiency of charging the traps with commercial volumes of oil is uncertain. It is also difficult to predict if the Tertiary sandstones will ultimately yield reserves and flow rates that can support commercial levels of production. Drilling that will follow the current leasing activity in the area should resolve these questions.

Biographical Sketch

Al Danforth is a senior explorationist at Texaco's international exploration department, in Bellaire, Texas. His 26 year career in the oil business includes experience in the regional geology in many of the major frontiers and producing basins of the world in the course of pathfinding, new venture evaluation and acquisition for Texaco, Chevron and their affiliate, Amoseas Indonesia.

his article was prepared and presented jointly by Texaco and Sonangol for the Hedberg Research Symposium on "Petroleum Systems of the South Atlantic" jointly sponsored by AAPG and ABGP in Rio de Janeiro, November 1997. The author especially expresses his thanks to Sonangol for granting permission to present the results of this work to the Houston Geological Society.



To: elmatador who wrote (103143)6/19/2008 1:43:45 AM
From: Salt'n'Peppa  Read Replies (1) | Respond to of 206093
 
elmat, you may be good at telecoms but your geology is a bit rusty, to put it politely!

Yes, the coasts of West Africa and South America do match, as do the rock composition of Nova Scotia and the UK.
They were joined at one time.
The mid-Atlantic ridge stretches from East of Greenland to the extreme South Atlantic.
It is a long line where new Earth's crust is created, as Magma wells up from kilometres down and cools.
It is a vast spreading feature. Think of it as the line where two conveyor belts rise up and slowly push outwards, away from each other, with North and South America floating away from Europe and Africa.
There is no oil near the mid-Atlantic Ridge, but there is a s**t-load of hydrothermal energy!

"Under the ocean floor there are canyons formed by the water dropping from the continent into the rift opened between Africa and South America."
Question.
Are you implying that there are vast waterfalls on the coast, cascading down onto the fiery mid-Atlantic ridge and carving out canyons?
I think that is what you are saying.
You are obviously someone who is keen to learn as you read a lot. Buy an introductory geology book for cheap from a used book store. Make sure it is post-1980. It will open up your world. Seriously!

"The deltas are below the salt."
Say what?
I think you have that backwards ... or is that upside-down?
The world's Deltas are at surface. They are below air.

Salt bodies (no relation to me!) that form hydrocarbon traps can be found beneath these deltas and other sediments.
The salt layers were formed by evaporation in shallow waters over a long period. They were then buried beneath new sediments.
The formation of salt domes is a complex process and a lot can be learned by Googling.

Cheers,
S&P