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The beginning of the shale oil and gas revolution is a major progress for mankind in the search for energy, but the reason why it is temporarily focused on is still weighed as the interests of various countries. First Ring (Photo: Peter Aleksandrov / shutterstock)

Shale oil and gas distribution in the United States

The United States is the forerunner of the shale oil and gas revolution and the biggest beneficiary of the shale oil and gas revolution.

Shale in the United States is divided into several main producing areas, concentrated in the Appalachian Mountains, the Gulf of Mexico, the Great Lakes, the Fort Worth Basin and the Rocky Mountains, most of which are in the Craton or Foreland Basin The utilization value is large, the reserves are huge, and the mining conditions are stable.

Main distribution of oil and gas resources in the central and eastern United States (including shale oil and gas) (picture reference: oil map)

Bakken Shale District in North Dakota, Eagle Ford (sometimes also translated as Eagle Beach) Shale District in Texas, and Neobrara in Colorado ( Niobrara) shale area is the main shale oil and gas producing area in the United States.

The huge shale oil and gas producing area is really the savior of Texas Energy (picture from: https://eaglefordshale.com/)

The most important of these is the shale oil and gas producing area that spans Texas. Since 1912, this has been the most important major oil producing area in the United States, but it has declined due to the depletion of conventional oil resources. Unexpectedly, after the shale oil and gas revolution, huge reserves of shale oil were discovered here, bringing about a renaissance in the oil industry. In 2018, the newly proven reserves were 2.3 billion barrels, ranking first in the United States.

Early portable oil rig located in the Permian Basin Museum in Midland, Texas (Photo: Plazak / Wikipedia)

Oil pumping unit in the Permian Basin (Photo: Zorin09 / Wikipedia)

As the world ’s top oil consumer, the United States consumes one-fifth of the world ’s oil, and the largest consumption is not from industry, but cars that consume nearly half of the oil, so oil prices will directly affect the United States People’s livelihood issues, so controlling production and oil prices is also an important means for the US government to win popular support. It is for this reason that the discovery and construction of shale oil and gas producing areas are of great significance to the United States.

After all, it ’s a country that wants to drive to get relief food (Photo: YES Market Media / Shutterstock)

In addition, chemical fuels are the third largest U.S. oil users. In an era when international crude oil prices fluctuated violently and production capacity was declining, the American society was often concerned about the oil crisis caused by the increase in prices of oil-producing countries and the resulting economic crisis. Under the ruling idea of ​​reversing hollowing, the discovery of these new oil fields is enough to reduce the price of such industrial raw materials.

Eagle Ford energy zone is so large that it is clearly visible even on the light map

With the support of these shale oil regions, total US crude oil production was estimated at 4.011 billion barrels in 2018, an increase of 17% over 2017, and crude oil imports decreased by 73 million barrels over 2017, a year-on-year decrease of 3%. In 2019, US crude oil production continued to fluctuate and reached 12.8 million barrels per day by the end of the year (annualized at 4.672 billion barrels). National energy security was greatly guaranteed.

Capacity growth is still very rapid

Today, US shale gas reserves are 342 trillion cubic feet, accounting for 68% of US natural gas reserves. The proved oil reserves have also reached more than 43.8 billion barrels, setting a new record for the proven reserves of US crude oil, seven main pagesRock oil producing regions account for 49% of the total proven reserves of US oil, which is of great significance in the case of the increasing depletion of conventional oil.

the seven major shale oil producing regions in the United States

This may be why Trump boasted in the beginning of 2020 that “the Middle East oil is not needed” Haikou. But this year’s dense black swans, like crows, are destined to let him go.

In 2017, Petroleum artificially celebrated Trump ’s election as president, and Texas is an important swing state, where the two parties are competing (Photo: Steve Bruckmann / Shutterstock)

The shale oil and gas industry rewritten by the epidemic

In March, the new coronavirus was pandemic worldwide, and major world economies have taken measures to isolate and work from home. To date, 187 countries and regions have affected the economy due to the response measures, which has led to oil demand. Significantly reduced .