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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (106877)8/11/2008 9:50:38 AM
From: Tommaso  Read Replies (1) | Respond to of 206326
 
North Sea certainly is a big exception; I guess what you have to have is a basin-like structure so that the capping layers of sediment are not open into the ocean. Along the US Atlantic coast, all the deposits reach out towards the mid-ocean rift that has been expanding since Mesozoic times. This rifting has continually stretched and fractured the sedimentary layers so that little accumulation of hydrocarbons remains.

The Gulf of Mexico is just one big basin. I don't know how the oil-bearing strata in California work, but there certainly has been a lot of onshore production and discoveries are still being made.