Super Basins Video

Bob Fryklund - Where is the Next Permian Basin?

Super Basins 2019 Sugar Land, Texas
23 January, 2019 | 0

Summary

Where is the Next Permian Basin? A talk given by Bob Fryklund at 2019 Global Super Basins Leadership Conference in Sugar Land, Texas.
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There are more than 500 basins in the world, all which can be compared and ranked using a series of geologic, commercial and social criteria. The result is a population of 50 which are true “super basins” according to the IHS Markit definition. The largest of these have more than 1 trillion barrels of in place resources. But not all of them have the ability to treble in production as the Permian did. The Permian was able to do so because of the multiple stacked petroleum systems with more than 34 reservoirs. The Permian is a unique basin–with 100 billion barrels of recoverable potential and one which has undergone a "rejuvenation phase." Where are other potential basins of similar geology and scale that this rejuvenation might be possible? There are smaller basins like the Anadarko-Powder River and DJ which are on their way to reaching new highs but where are those which might be of the same scale as the Permian-Russia-Middle East-North Africa-Canada? This talk will take a look at where they might be and what it will take for them to reach similar heights.

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