GEOLOGIC ASSESSMENT, OIL, MICHIGAN BASIN
In 2004, the U.S. Geological Survey (USGS) completed an assessment of the undiscovered oil and gas potential of the U.S. portion of the Michigan Basin. For this assessment, the Michigan Basin includes most of the State of Michigan, as well as parts of Illinois, Indiana, Minnesota, Ohio, and Wisconsin. The assessment was based on the geologic elements of each of the six total petroleum systems defined in the basin, including (1) hydrocarbon source rocks (source-rock maturation and hydrocarbon generation and migration), (2) reservoir rocks (sequence stratigraphy and petrophysical properties), and (3) hydrocarbon traps (trap formation and timing). Using this geologic framework, the USGS estimated mean technically recoverable undiscovered continuous and conventional resources that total 990 million barrels of oil, 11.4 trillion cubic feet of natural gas, and 219 million barrels of natural gas liquids.