Oil opportunity in Oklahoma

The chance to recover billions of barrels of oil that remain in Oklahoma fields represents geological, engineering, and statistical challenges to oilmen willing to take risks.Most emphasis in the state the past 20 years has been on natural gas, especially in shales, but the oil is still there, somewhere, writes Dan T. Boyd, a geologist with the Oklahoma Geological Survey.The prize: Boyd estimates the state’s thousands of oil fields will ultimately yield only 19% of the more than 84 billion bbl of original oil in place at present decline rates.“Every 1% of the remaining oil in place represents a staggering 680 million bbl of incremental recovery,” Boyd wrote. Indications ...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected