Technical Questions
1. Why Nevada?2. What is a Thrust Belt?
3. Where is Hot Creek Valley located in relation to Railroad Valley?
4. How do we know this area of the Sevier Thrust is rich in oil?
5. How much oil could be found in Nevada?
6. The importance of traps and seeps in the exploration of oil?
7. How do we intend to build upon our current exploration base and develop our prospective acreage?
8. What is the latest technology that U.S Oil and Gas intend to use?
9. How do we know that this latest technology is viable?
10. Is there sufficient demand to support the strategic objectives of U.S Oil and Gas production in continental USA?
1. Why Nevada?
The Sevier Thrust, which includes Hot Creek Valley, Nevada, is one of the most potentially prolific oil regions in the United States. The thrust belts and associated foreland basins provide one quarter of the earth's known oil reserves. For more information please download Tectonic-Controls-on-the-Remigration-of-Hydrocarbons.pdf.
2. What is a Thrust Belt?
A Fold or Thrust Belt is a series of mountainous foothills adjacent to land which has formed due to compression. These compressive forces, caused by tectonic plate interactions, push the upper crust of land upwards and outwards. Thrust belts evolve in the forelands beside major orogens, as deformation of the land spread outwards. For more information please download Subduction-and-Oil-Migration.pdf.
3. Where is Hot Creek Valley located in relation to Railroad Valley?
The location of Railroad Valley and Hot Creek Valley in relation to one another is indicated on the map below. Railroad Valley is marked in pink and Hot Creek Valley is marked by a green ellipse.
4. How do we know this area of the Sevier Thrust is rich in oil?
The Sevier Thrust, Western Utah and Central Nevada petroleum output is projected to grow substantially as additional production from the Covenant field comes on stream. This addition will make the Sevier thrust region the 6th most prolific oil producing region.
Please see the Federal Energy Administration figures for 2008 U.S.-EIA-Production-of-Crude-Oil-2008.pdf.
5. How much oil could be found in Nevada?
Geologists estimate that the Mississippian Antler Foreland Basin located within the Sevier thrust contains enough organics to generate at least 30 billion barrels of oil. Numerous traps and seeps have been located throughout the state of Nevada and within the Sevier Thrust.
Please download Channel-Sandstones,-Missippian-Antler-Basin.pdf and Geologic-Assessment-of-Undiscovered-Oil-in-Great-Basin.pdf for more information and statistics on this section.
6. The importance of traps and seeps in the exploration of oil?
Awareness of where oil and gas seeps emerge is important in establishing the existence of resources in a new basin, as seeps are the result of leakage from buried oil and gas accumulations. The presence of seepage indicates that the basin contains a resource production type rock and is thus a feasible petroleum system. For more on traps and seeps, download Elephant-Hunting-in-Nevada.pdf.
7. How do we intend to build upon our current exploration base and develop our prospective acreage?
U.S. Oil and Gas plc plans to become a regional oil producer in through a defined three stage strategy.Stage A
Undertake:
- Passive seismic studies
- Geophysical studies
- Geochemical studies
- Well log analysis
Stage B
Identify strategic partners to jointly develop the target assets. The company will consider options such us a Joint Venture or a farm-In partner, merger or a further funding round to facilitate a well drilling campaign.
Stage C
USOIL will continue to increase its resource base through further study and exploitation of additional claim areas.
8. What is the latest technology which U.S Oil and Gas intend to use?
The ‘latest technology’, Geospectra Infrasonic Passive Differential Spectroscopy, is an optimised technology for direct detection of hydrocarbon reservoirs in structural and non-structural traps, and an efficient tool for well-founded enhanced oil recovery and reservoir monitoring. More information on this technology can be found at: http://www.hrd-company.com/company/downloads.htm.
9. How do we know that this latest technology is viable?
The technology USOIL means to use will address the information deficit existing in relation to subsurface and surface data and certain structural relationships. This innovative technology has been successfully used on similar unconformity related rock structures in other regions of the world. For more information please download Reinterpretation-of-2D-Seismic.pdf.
10. Is there sufficient demand to support the strategic objectives of U.S Oil and Gas production in continental USA?
The US Department of the Environment (in response to the Oil embargo of 1973) conveys that the U.S. Strategic Petroleum Reserve is the largest stockpile of government-owned emergency crude oil in the world. Established in the aftermath of the 1973-74 oil embargoes, the DOE's Office of Fossil Energy’s strategic focus is currently on enhancing the production of a diverse, secure domestic supply of fuels. You can view this document here.
