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[[File:M97Ch1.2FG14.jpg|thumb|500px|{{figure number|14}}Geochemical log of the Gulf Exploration Corp. 1-31-3D-Predicament well, Bighorn Basin. The Cody and Mowry shales show the oil crossover as do the Eagle and Muddy sands. TOC = total organic carbon; S1 = Rock-Eval measured oil contents; S2 = Rock-Eval measured kerogen yields.]]
 
[[File:M97Ch1.2FG14.jpg|thumb|500px|{{figure number|14}}Geochemical log of the Gulf Exploration Corp. 1-31-3D-Predicament well, Bighorn Basin. The Cody and Mowry shales show the oil crossover as do the Eagle and Muddy sands. TOC = total organic carbon; S1 = Rock-Eval measured oil contents; S2 = Rock-Eval measured kerogen yields.]]
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There is no announced discovery of a shale-oil resource system in the Mowry Shale of the Bighorn basin, although it is speculated to be a potential shale-oil resource system much as in the Powder River Basin. An example for potential production is given by the Gulf Exploration Corp. 1-31-3D-Predicament well in Big Horn County, Wyoming. A geochemical log demonstrates oil crossover in the Cody and Mowry shales, with high amounts of oil particularly in the Cody Shale ([[File:M97Ch1.2FG14.jpg|Figure 14]]). The Cody Shale shows more than 580 m (1900 ft) of oil crossover suggestive of more than 3.56 times 106 m3/km2 (106 million bbl/mi2) of oil (uncorrected for evaporative losses). At this depth with the high OSI values, it is anticipated that this is open-fractured Cody Shale. Oil also exists in the overlying Eagle Formation sands. Calculated TOCo values range from 2.05 to 4.31%, with HIo values ranging from 78 to 642 mg HC/g TOC. The highest value is a bit anomalous compared with the other five samples of the Cody Shale that only range from 1.94 to 2.65% TOCo and 78 to 284 mg HC/g TOC for HIo.
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There is no announced discovery of a shale-oil resource system in the Mowry Shale of the Bighorn basin, although it is speculated to be a potential shale-oil resource system much as in the Powder River Basin. An example for potential production is given by the Gulf Exploration Corp. 1-31-3D-Predicament well in Big Horn County, Wyoming. A geochemical log demonstrates oil crossover in the Cody and Mowry shales, with high amounts of oil particularly in the Cody Shale ([[:File:M97Ch1.2FG14.jpg|Figure 14]]). The Cody Shale shows more than 580 m (1900 ft) of oil crossover suggestive of more than 3.56 times 106 m3/km2 (106 million bbl/mi2) of oil (uncorrected for evaporative losses). At this depth with the high OSI values, it is anticipated that this is open-fractured Cody Shale. Oil also exists in the overlying Eagle Formation sands. Calculated TOCo values range from 2.05 to 4.31%, with HIo values ranging from 78 to 642 mg HC/g TOC. The highest value is a bit anomalous compared with the other five samples of the Cody Shale that only range from 1.94 to 2.65% TOCo and 78 to 284 mg HC/g TOC for HIo.
    
Oil crossover is apparent in the Mowry Shale and Muddy Formation at 3753.6 m (12,315 ft) and 3799.3 to 3826.7 m (12,465–12,555 ft).
 
Oil crossover is apparent in the Mowry Shale and Muddy Formation at 3753.6 m (12,315 ft) and 3799.3 to 3826.7 m (12,465–12,555 ft).

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