scholarly journals Economic geology of the Summerfield and Woodsfield quadrangles, Ohio with descriptions of coal and other mineral resources, except oil and gas

10.3133/b720 ◽  
1923 ◽  
2011 ◽  
Vol 396-398 ◽  
pp. 115-118
Author(s):  
Xin Gong Tang ◽  
Xing Bing Xie ◽  
Liang Jun Yan

Complex resistivity (CR) is one of an electromagnetic method which plays an important role in the exploration of oil and gas, underground water as well as solid mineral resources in recent years. Nowadays China is under fast developing and there is still a big gap between the supply and demand of mineral resources. As an effective controlled source electromagnetic method, CR method can be easily used to judge the content of resources, determine the target reservoir and select a favorable drilling area. In this paper, an introduction to CR method and its application in copper mine exploration in west China is present. The result shows that CR is an effective electromagnetic method in the exploration of deep mineral resources.


2003 ◽  
Vol 43 (1) ◽  
pp. 117 ◽  
Author(s):  
C.J. Boreham ◽  
J.E. Blevin ◽  
A.P. Radlinski ◽  
K.R. Trigg

Only a few published geochemical studies have demonstrated that coals have sourced significant volumes of oil, while none have clearly implicated coals in the Australian context. As part of a broader collaborative project with Mineral Resources Tasmania on the petroleum prospectivity of the Bass Basin, this geochemical study has yielded strong evidence that Paleocene–Eocene coals have sourced the oil and gas in the Yolla, Pelican and Cormorant accumulations in the Bass Basin.Potential oil-prone source rocks in the Bass Basin have Hydrogen Indices (HIs) greater than 300 mg HC/g TOC. The coals within the Early–Middle Eocene succession commonly have HIs up to 500 mg HC/g TOC, and are associated with disseminated organic matter in claystones that are more gas-prone with HIs generally less than 300 mg HC/g TOC. Maturity of the coals is sufficient for oil and gas generation, with vitrinite reflectance (VR) up to 1.8 % at the base of Pelican–5. Igneous intrusions, mainly within Paleocene, Oligocene and Miocene sediments, produced locally elevated maturity levels with VR up to 5%.The key events in the process of petroleum generation and migration from the effective coaly source rocks in the Bass Basin are:the onset of oil generation at a VR of 0.65% (e.g. 2,450 m in Pelican–5);the onset of oil expulsion (primary migration) at a VR of 0.75% (e.g. 2,700–3,200 m in the Bass Basin; 2,850 m in Pelican–5);the main oil window between VR of 0.75 and 0.95% (e.g. 2,850–3,300 m in Pelican–5); and;the main gas window at VR >1.2% (e.g. >3,650 m in Pelican–5).Oils in the Bass Basin form a single oil population, although biodegradation of the Cormorant oil has resulted in its statistical placement in a separate oil family from that of the Pelican and Yolla crudes. Oil-to-source correlations show that the Paleocene–Early Eocene coals are effective source rocks in the Bass Basin, in contrast to previous work, which favoured disseminated organic matter in claystone as the sole potential source kerogen. This result represents the first demonstrated case of significant oil from coal in the Australian context. Natural gases at White Ibis–1 and Yolla–2 are associated with the liquid hydrocarbons in their respective fields, although the former gas is generated from a more mature source rock.The application of the methodologies used in this study to other Australian sedimentary basins where commercial oil is thought to be sourced from coaly kerogens (e.g. Bowen, Cooper and Gippsland basins) may further implicate coal as an effective source rock for oil.


2021 ◽  
Vol 69 (1) ◽  
pp. 12
Author(s):  
Elnur T. Mekhdiev ◽  
Igbal A. Guliev ◽  
Yulia V. Solovova

Today Australia is one of the main mineral resources exporters in Asia. Besides, the country possesses huge reserves of shale oil and gas. The estimation of these resources extraction potential without any harm to country’s ecology and society is one of the key aims of this article. The authors research an export and import dynamic of hydrocarbon by Australia with the aim to identify an economic effect from the beginning of shale oil extraction in 2011. Besides, according to expert community’s opinion, there is the emission dynamic of carbon dioxide, which is one of the key factors, determining the environment pollution after the beginning of shale oil extraction in Australia. The major challenge of the article is to estimate the difficulty in real correlation between the ecology and the financial benefits for the economy, as these two factors are loosely connected and the index of additional harm to wildlife and people cannot be directly calculated in financial losses. The major contribution of the article is the development and comparison of the two scenarios of oil extraction and exports with or without frocking bans in Australia. The authors come to the conclusion that positive effects from shale oil and gas extraction for country’s economy do not surpass negative effects for ecology; thus, the authors suggest to use the shale oil reserves only as the strategic resource for economic recovery after crises and at the present moment it should be to realize the shale oil extraction in test mode.


Author(s):  
Natalia Pashkevich ◽  
Tatyana Tarabarinova

Evaluation of the objects in the mineral resources sector depend on type of the legislative framework for the different stages of exploration process. The article covers to problems of legal and evaluation to objects of subsoil usage according to different stages of geological exploration in International Financial Reporting Standard 6 «Exploration for and Evaluation of Mineral Resources», Russian Financial Standard 24/2011 « Cost accounting of the mineral resources deployment», US GAAP and other normative documents. The results present the possibility of capitalizing mineral reserves as assets in mining oil and gas companies.


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