What counties are in the Delaware Basin?
The Delaware Basin constitutes roughly 10,000 square miles, or 6.4 million acres. The basin extends from the southern New Mexico counties of Eddy and Lea, southward into the west Texas counties of Reeves, Loving, Ward, Winkler, Pecos, and Culberson.
Is the Delaware Basin the same as the Permian?
The Delaware Basin is a hydrocarbon rich sedimentary basin that lies within the Permian Basin.
How much oil is left in the Permian Basin?
Oil and Gas Resources Remaining in the Permian Basin: Targets for Additional Hydrocarbon Recovery. Reservoirs in the Permian Basin of Texas are estimated to have contained a total of 105.7 billion barrels (Bbbl) of oil at discovery.
What basin is in Carlsbad?
The Delaware Basin is a geologic depositional and structural basin in West Texas and southern New Mexico, famous for holding large oil fields and for a fossilized reef exposed at the surface. Guadalupe Mountains National Park and Carlsbad Caverns National Park protect part of the basin.
Is Fort Stockton in the Permian Basin?
Visiting the Permian Basin Region. Andrews, Big Spring, Fort Stockton, Lamesa, Midland, Monahans, Odessa, Pecos. Andrews, Borden, Crane, Dawson, Ector, Gaines, Glasscock, Howard, Loving, Martin, Midland, Pecos, Reeves, Terrell, Upton, Ward, Winkler.
Who owns the Permian Basin?
Permian Basin Oil Companies
| Operator | 12 Month Production (Bbl) | Daily Average Production (Bbl) |
|---|---|---|
| Chevron | 24,794,174 | 67,929 |
| Parsley Energy | 24,181,967 | 66,252 |
| Devon Energy | 23,507,327 | 64,404 |
| Shell | 21,869,175 | 59,916 |
How deep is the Delaware Basin?
Subsea depth of Wolfcamp in the Delaware Basin varies from 0 feet in the west to – 9,500 feet subsea in the central areas, and in the Midland Basin, it varies from -2,000 feet subsea in the east along the Eastern Shelf to -7,000 feet subsea along the basin axis near the western basin edge (Figure 7).
Where is the Permian Delaware Basin?
The greater Permian Basin comprises several component basins; of these, the Midland Basin is the largest, Delaware Basin is the second largest, and Marfa Basin is the smallest….Permian Basin (North America)
| Permian Basin | |
|---|---|
| Country | United States |
| State(s) | Texas & New Mexico |
| Cities | Midland, Odessa |
| Characteristics |
Is Howard County in the Permian Basin?
Andrews, Borden, Crane, Dawson, Ector, Gaines, Glasscock, Howard, Loving, Martin, Midland, Pecos, Reeves, Terrell, Upton, Ward, Winkler.
How much oil is in the Delaware Basin?
In late 2018 the USGS completed an assessment of the entire Delaware basin, a subset of the Permian existing in both southeast New Mexico and West Texas. They came up with over 46 billion barrels of technically recoverable continuous oil resources, plus 281 Tcf of natural gas and twenty billion barrels of NGLs.
Is the Delaware Basin part of the Permian Basin?
Located on the western section of the Permian Basin, the Delaware Basin covers a 6.4M acre area. It is the deepest of the Permian subbasins with the thickest deposits of rock.
Who owns the most oil in the United States?
ExxonMobil. ExxonMobil is currently topping the list of the biggest oil companies in the USA and one of the world’s largest oil companies by production. It is the largest publicly traded international energy company and uses technology and innovation to help meet the world’s growing energy needs.
How many years worth of oil does the US have?
Oil Reserves in the United States The United States has proven reserves equivalent to 4.9 times its annual consumption. This means that, without imports, there would be about 5 years of oil left (at current consumption levels and excluding unproven reserves).