Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How productive is the Illinois Basin oil field?

0
10 Posted

How productive is the Illinois Basin oil field?

0
10

The Illinois Basin is one of the most extensively drilled and mature hydrocarbon basins in the world and has been in production for more than a century. Production declined over the years but is now at a fairly constant level of about 50,000 barrels per day (roughly half of that production is refined by CountryMark). Based on geological evidence and the advent of new technologies, experts believe that recent resource discoveries and new applications are signs that the basin still has much potential.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123