The oil fields created by geological formations of the Paleozoic age are distributed mainly throughout North America, particularly the United States and Canada. The area being currently explored that is related to this stratigraphic horizon is only a small percentage of the result of natural formations. These findings open up more opportunities for oil exploration. This is especially due to our activeness in the Oklahoma field development located in the geological zone of the Paleozoic period.
Take into account the promising new structural uprising of oil and gas reservoirs that are being explored in the Greater Seminole region of Oklahoma. I want to make note of the fact that they are controlled by Precambrian basement uplifts. Generally, hydrocarbon deposits are swept into local oil traps that resemble sandstone reservoir channels of small capacity. The particular area taken into consideration is very promising because many of these oil traps are open deposits of relatively shallow depth. The probability of opening up a new well in the oil field is approximately 80%.
Therefore, to more accurately assess the viability and productivity of the selected elevated locations for the wells, we have to pay specific attention to the surrounding geological and geophysical factors. This can be done by using mediums such as maps reflecting the parallel horizontal structures and looking at test results of already-established wells in adjacent locations). This approach allows us to not only minimize risks in the initial design development, but also on the field. This is also a fundamental strategic tool when it comes to drilling.
