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Politics : Peak Oil reality or Myth, of an out of Control System -- Ignore unavailable to you. Want to Upgrade?

To: dvdw© who wrote (942)

3/3/2013 11:38:52 AM

From: dvdw©

Read Replies (1) | Respond to of 1580

Next Newsmaker is, very big one too.

passc.net

Gostin, V. A., Haines. P.W., Jenkins, R.J.F., Compston, W. and Williams,I.S., Impact ejecta horizon within late Precambrian shales, Adelaide geosyncline, South Australia. Science, v. 233, pp. 198-200. 1986.

Gostin, V. A., Keays, R.R. and Wallace,M.W., Iridium anomaly from the Acraman impact ejecta horizon: Impacts can produce sedimentary iridium peaks. Nature, v. 340, pp. 542-544. 1989.

Gostin, V. A., Keays, R.R. and Wallace,M.W., The Acraman impact and its widespread ejecta, South Australia (abstract). International Conference on Large Meteorite Impacts and Planetary Evolution, LPI Contrib. No. 746, pp. 30-31. 1992.

Gostin, V. A., Wallace, M.W. and Keays,R.R., Sedimentology and geochemistry of the Bunyeroo impact ejecta horizon, South Australia (abstract). International Workshop on Meteorite Impact on the Early Earth, Perth, Australia, Contrib. No. 746, pp. 16-17. 1990.

Gostin, V.A., Zbik, M., Petrology and microstructure of distal impact ejecta from the Flinders Ranges, Australia, Meteoritics and Planetary Science, v. 34, pp. 587-592, 1999

Grey, K., Walter, M.R., Calver, C.R., Neoproterozoic biotic diversification: Snowball Earth or aftermath of the Acraman impact?, Geology, v. 31, pp. 459-462, 2003

Grieve, R. A. F., Meteorite impact studies featured in Australia. Episodes, v. 13, pp. 281-282. 1990.

Grieve, R. A. F., The record of impact on Earth: Implications for a major Cretaceous/Tertiary impact event. Geological Society of America, Special Paper 190, pp. 25-37. 1982.

Gurov, E. P., Gurova, E. P., Impact structures on the Earth's surface (in Russian). Geologicheskii Zhurnal, v. 47, pp. 117-124. 1987.

Gurov, E. P., The Acraman impact structure: Estimation of the diameter by the ejecta layer thickness (abstract). Lunar and Planetary Science XXIV, pp. 589-590. 1993.

Gostin, V. A., Keays, R.R. and Wallace,M.W., Iridium anomaly from the Acraman impact ejecta horizon: Impacts can produce sedimentary iridium peaks. Nature, v. 340, pp. 542-544. 1989.

Gostin, V.A., Zbik, M., Petrology and microstructure of distal impact ejecta from the Flinders Ranges, Australia, Meteoritics and Planetary Science, v. 34, pp. 587-592, 1999

Grey, K., Walter, M.R., Calver, C.R., Neoproterozoic biotic diversification: Snowball Earth or aftermath of the Acraman impact?, Geology, v. 31, pp. 459-462, 2003

Grieve, R. A. F., Meteorite impact studies featured in Australia. Episodes, v. 13, pp. 281-282. 1990.

Grieve, R. A. F., The record of impact on Earth: Implications for a major Cretaceous/Tertiary impact event. Geological Society of America, Special Paper 190, pp. 25-37. 1982.

Gurov, E. P., Gurova, E. P., Impact structures on the Earth's surface (in Russian). Geologicheskii Zhurnal, v. 47, pp. 117-124. 1987.

Gurov, E. P., The Acraman impact structure: Estimation of the diameter by the ejecta layer thickness (abstract). Lunar and Planetary Science XXIV, pp. 589-590. 1993.

To: dvdw© who wrote (942)	3/4/2013 9:35:11 AM
From: dvdw©	Read Replies (1) \| Respond to of 1580

Outtake from WLL (company knows whats up with oil laid in from the top) What’s really interesting at Tarpon is that we have identified both there, as well as Cassandra another drilling opportunity. We believe that the second bench of the Three Forks has received a good charge from the Bakken Shale area and we are seeing good saturations from core data that we’ve collected there at Tarpon and so we think we got an additional objective there to pursue and that’s probably going to be either late this year or 2014. And we think we can get up to three wells per spacing unit in there. The thing to recognize about Tarpon is that it is heavily fractured, that explains the high rates that we got and so that’s the – the well density there is somewhat less in some of the other areas that we are drilling.

To: dvdw© who wrote (942)

3/19/2013 4:49:11 PM

From: dvdw©

Read Replies (2) | Respond to of 1580

Where there is smoke, there has been fire....Illinois Basin News, meantime to productivity ...longer than it should have been......be sure to view the contributors...correlated and distribution function confirmed within post # 942 and previously on 6-28-2011.

From: Dennis Roth	3/18/2013 4:17:22 PM
	1 Recommendation of 177288

Ill. lawmakers close to approving 'fracking' bill By Len Wells Posted March 16, 2013 at 2:28 p.m. http://www.courierpress.com/news/2013/mar/16/len-wells-ill-lawmakers-close-to-approving-bill/ Illinois lawmakers are close to approving legislation to regulate the practice of high volume hydraulic fracturing (“fracking”). Oil industry officials believe the use of horizontal drilling techniques along with “fracking” will spark a major oil boom in Southern Illinois. One of the major stumbling blocks of the legislation was removed last week when lawmakers established drilling fees and a special severance tax on the oil and gas produced. If approved by the legislature, the bill would require oil companies to pay the Illinois Department of Natural Resources (DNR) an $11,000 fee for each well drilled, along with a $2,500 fee to the Illinois EPA. An additional $300 per well drilling permit will also have to be purchased. Additionally, producers would be required to pay a 3 percent severance tax on every barrel of oil produced for the first two years. The tax goes up to as much as 6 percent per barrel, depending upon how much the well produces in subsequent years... ...The proposed legislation will only affect oil companies who utilize horizontal drilling techniques to drill their wells. The severance tax, DNR and EPA fees would not apply to standard vertically drilled wells... ...In anticipation of the bill’s passage, some oil companies have already started drilling wells that would eventually utilize horizontal drilling technology. “A vertical well has already been drilled in Washington County,” Richards said. “The company is now collecting scientific data. Another company will be ready to drill a well near Johnsonville in northern Wayne County, Ill. very soon. Another company plans to drill a well in Clay County by April.” Richards said these firms can complete the vertical portion of their drilling activity without the “fracking” legislation in place and then turn their efforts to the horizontal drilling aspect of exploration later. Industry officials have estimated that oil companies have already spent more than $250 million in land leasing activities in roughly 12 Southern Illinois Counties. Officials said one company has already spent more than $50 million in securing mineral rights in advance of drilling activity... ---- Illinois: Horizontal well eyed in dolomite below New Albany - Oil & Gas Journal http://www.ogj.com/articles/2013/03/illinois--horizontal-well-eyed-in-dolomite-below-new-albany.html Strata-X Energy Ltd., Golden, Colo., plans to drill a horizontal well in the Illinois basin to test for oil in an undisclosed dolomitic formation below the Devonian New Albany shale. The company doesn’t reveal the precise location of its Vail oil project for competitive reasons but said it holds 100% interest in 46,300 net acres in what it interprets as an unconventional continuous oil accumulation. If an application to drill is approved, it would spud the well in the second quarter of 2013. The company described the proposed well as to have a 4,300-ft horizontal leg at 4,500 ft true vertical depth and said it is acquiring seismic to help with geosteering. The dolomitic reservoir is interpreted to extend over 500 sq miles at 3,500-5,000 ft based on an in-house analysis of 120 historic wells that intersected the reservoir, the company said. It cited geologic studies that indicate that the New Albany shale has expelled more than 300 billion bbl of oil, of which more than 4 billion bbl have been produced from shallower formations.