Genesis NRG, Inc. to Explore Oil and Gas in Denver Basin

FOR IMMEDIATE RELEASE
Pensacola, Florida, United States of America (Free-Press-Release.com) January 26, 2012 -- Genesis NRG, Inc. is set for the exploration of oil and gas in the Denver Basin. Oil and natural gas was first discovered in the area around Boulder in 1901, but it is likely that reserves still lay untapped. The Denver Basin area of the Niobrara formation is an ideal location for undiscovered oil and natural gas reserves because of the long amount of time the basin has been at a sufficient depth.

According to the Colorado Department of Natural Resources, the deepest part of the Niobrara formation near Denver is about 8000 feet below the surface. This deep portion of the basin extends from the eastern part of the Front Range to the Colorado-Kansas border, which shows rock layers that dip gently while moving westward. The natural shape of the Denver Basin is in approximately the same shape as the sedimentary basin that formed over 60 million years ago during the Cretaceous period. However, this older sedimentary basin is larger than the Denver Basin is today.

Both the depth and the temperature of the rock in the basin are very important in the possibility of the accrual of oil and gas deposits. Temperature increases the greater the depth according to the geothermal gradient, but the geothermal gradient is known to vary between locations in Colorado. This means that other factors also play an important role in the formation of oil and gas reserves. Factors other than depth that are important include the specific type of rock and the thickness of the rock. Variations of heat through the mantle and into the crust of the Earth are another factor. The Colorado Geological Survey’s Newsletter, Rock Talk, describes how sedimentary basins such as the Denver Basin may include shale deposits. Shale has a low thermal conductivity and can greatly affect the temperature of the basin. The presence of shale, however, allows scientists working for Genesis NRG, Inc. to calculate the geothermal gradient of the Denver Basin based on the existing oil and gas wells in the Niobrara formation.

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