Did the Chicxulub Area Contribute to Oil Reserves?

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Petroleum-rich regions, particularly in Mexico, the Gulf of Mexico, Texas, and Louisiana, are located within the Chicxulub impact effects radius, with the Cantarell supergiant field situated directly in the impact crater. The discussion centers on whether the Chicxulub impact contributed to the formation or preservation of proto-petroleum fields through geological changes, such as caprock formation, or if the proximity of these fields is merely coincidental. While there are 17 confirmed impact structures in North America associated with petroliferous areas, only nine are currently exploited for hydrocarbons, indicating a limited correlation between impact craters and petroleum reserves. The Chesapeake Bay, a larger and newer impact crater, has not yielded significant oil, suggesting that not all craters are conducive to petroleum formation. Geophysical activity related to impact events may create fractures in the Earth's crust, potentially facilitating the movement of petroleum, but the relationship remains complex and not fully understood.
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Many petroleum rich areas are located within the Chicxulub impact effects radius, including Mexico, the Gulf of Mexico, Texas, and Louisiana. Cantarell, a supergiant petroleum field, is located directly within the impact crater. Did Chicxulub play any role in creating and/or preserving proto-petroleum fields to the modern day (especially through the creation of caprock), or are the petroleum rich areas found nearby just a coincidence due to the large area within the effects radius?
 
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Oil is collected in anti/-synclinal geologic features (in general) and the crater you mentioned is possibly contributed to the favorable geological conditions for trapping oil reserves.

But, the Chesapeake Bay is an even bigger, newer impact crater and there's as of yet not a particularly amazing amount of oil found there, so the correlation doesn't appear to be strong.
 
Report by a petroleum Geologist for management readers, I think. This means its readable. The bottom line is the impact craters in some areas are of great interest for finding new petroleum reserves - in a limited way:
Seventeen confirmed impact structures occur in petroliferous areas of North America, nine of which are being exploited for commercial hydrocarbons
From: http://www.ogj.com/articles/print/volume-96/issue-19/in-this-issue/general-interest/north-american-impact-structures-hold-giant-field-potential.html
Have a read. I think IDneon is on the right track. But not all craters or astroblemes have petroleum.
 
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Delta Force said:
Many petroleum rich areas are located within the Chicxulub impact effects radius, including Mexico, the Gulf of Mexico, Texas, and Louisiana. Cantarell, a supergiant petroleum field, is located directly within the impact crater. Did Chicxulub play any role in creating and/or preserving proto-petroleum fields to the modern day (especially through the creation of caprock), or are the petroleum rich areas found nearby just a coincidence due to the large area within the effects radius?
I had a research project out in the Gulf Of Mexico in 1984, since we were a research vessel,
we were out past the shelve, so as not to disruptthe crews actually making money.
The live plotter records like every 10th line, but is readable.
We recorded what many said was the largest salt dome they had ever seen,
it looked to be about 1000 feet high, and about 90 miles across.
It was also under about 5400 feet of water!
There is a massive formation under the Gulf of Mexico, weather it is a result of the
big impact off of Mexico would be difficult to say, but geophysical activity does
change the strata and allow traps to form.
 
IDNeon said:
But, the Chesapeake Bay is an even bigger, newer impact crater
Is it? Wiki pages give half the diameter of Chicxulub.
 
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I'd expect any impact event would create fractures in the crust (at least), and these would provide paths through which existing petroleum can percolate. If the cracks are disposed radially from the impact point, then fluids would preferentially move towards or away from their center, depending on pressure gradients. The presence of preferential paths of diffusion and convection is what generally leads to the formation of ore deposits of all kinds, so I wouldn't expect petroleum to be much different.
 
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