Petroleum industry in Illinois, 1967

Journal Article · Mon Jan 01 04:00:00 EST 1968 · Ill., State Geol. Surv., Ill. Pet.; (United States)

OSTI ID:5665942

Van Den Berg, J; Lawry, T F; Mast, R F

Illinois produced 60,115,000 bbl of crude oil in 1967, down 3% from 1966. Approx. 43,934,000 bbl, or 73.1%, of this production was from secondary recovery waterflood projects. The value of crude oil produced in Illinois in 1967, based on an average price of $3.02 per bbl, was $181,581,000. In 1967, 1,124 new tests for oil and gas were drilled, resulting in 570 oil wells, 1 gas well, and 553 dry holes. In addition, 59 former dry holes were re-entered and completed as producers (58 oil, 1 gas), and 24 former producers were re-entered and completed as oil wells in new pay zones. Five oil fields, 16 extensions to fields, and 27 new pay zones in fields were discovered in 1967, none of which appear to be very significant. Estimated crude oil reserves declined from 344.4 million bbl at the end of 1966 to 336.8 million bbl at the end of 1967. Twenty-four underground natural-gas storage projects are in operation or are being developed in Illinois. Estimated total ultimate capacity of these reservoirs is about 600 billion cu ft. Fifty-one new waterfloods were added in 1967. This additional development was offset by 41 abandonments.

• OSTI ID: 5665942
• Journal Information: Ill., State Geol. Surv., Ill. Pet.; (United States), Journal Name: Ill., State Geol. Surv., Ill. Pet.; (United States) Vol. 89; ISSN ILGPA
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020300* -- Petroleum-- Drilling & Production
03 NATURAL GAS
030300 -- Natural Gas-- Drilling
Production
& Processing
DRILLING
ECONOMICS
ENERGY SOURCES
ENHANCED RECOVERY
FEDERAL REGION V
FLUID INJECTION
FORECASTING
FOSSIL FUELS
FUELS
GEOLOGIC DEPOSITS
ILLINOIS
INDUSTRY
MINERAL RESOURCES
NATURAL GAS DEPOSITS
NATURAL GAS WELLS
NORTH AMERICA
OIL FIELDS
OIL WELLS
PETROLEUM
PETROLEUM DEPOSITS
PETROLEUM INDUSTRY
PRODUCTIVITY
RECOVERY
RESERVOIR ROCK
RESOURCES
STIMULATION
STORAGE
UNDERGROUND STORAGE
USA
WATERFLOODING
WELL DRILLING
WELL STIMULATION
WELLS