Oil Exploitation In Texas

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Oil exploitation in Texas

Introduction

Oil and gas figures in Texas. The United States is living a new golden age in oil extraction. This is thanks to the discovery of large amounts of oil in the subsoil in the west of Texas. This finding, added to the new exploitation techniques, mainly fracking, are transforming the geography and economy of the region, putting the country as great power in a segment in which leadership seemed lost. What is fracking? We have heard a lot of speaking in recent years. There are very divided positions regarding this practice, but still for the majority of the population it is not very clear what fracking consists of.

Developing

The term fracking is a short way to designate hydraulic fracture, a technique that allows to improve gas and oil extraction from the subsoil. To achieve this, some substance is injected at high pressure that causes the existing cracks in the rocks to break and release the fuel. What is normally used is sand with sand, although foams or gases can also be used. This technique is used above all for extraction in areas that would be practically inaccessible in another way. However, environmental movements have denounced it throughout the world for the environmental impact.

Considering that it contaminates by using both the land and the underground aquifers. In addition, it produces greenhouse gases and increases the risks that we occur. The Permica basin, the fracking empire in the United States. In recent years, the United States is recovering by leaps and bounds in the energy sector and is doing it thanks to fracking. In your case, the objective is not only natural gas, but the so -called "shale oil" or shale oil. Several regions of the country were quickly colonized by these fracking farms. One of the most notorious, the West Region.

Thanks to the oil extraction in this area, where the so -called Permica basin is located, the United States is one step away from reaching Saudi Arabia in raw extraction. Of course the figures point in that sense and technology is increasing. According to studies, there are 104.000 million recoverable barrels in the subsoil of the region, almost 30% more than in the Saudi. The Permica basin is a region with several very close sites, from which light oil can be extracted. The six main formations are Spraberry, Wolfcamp, Bone Spring, Glorieta and Plaster and Delaware. 

conclusion

In all of them the fracking is used to extract oil through rocky formations of low permeability. And it is that the rapid exploitation of this huge site has taken the OPEC countries by surprise, which did not have this AS in the United States sleeve. Without going any further, last year, the production of the site increased by one million barrels per day and if the trend continues, the largest reservoir in the world could exceed the world, that of Ghawar (Saudi Arabia) in just 3 years. Currently producing four million barrels per day, only the permic basin already generates more oil than any of the OPEC countries except Saudi and Iraq Arabia.

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