uvernay East Shale Basin - Technical Studies · D e f o r m e d B e l t 0 50 100 150 200 250 km...
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Canadian Discovery Ltd. www.canadiandiscovery.com DESB-V01-2017.07.06 Contact Client Relations 300, 706 – 7 Avenue SW, Calgary AB, T2P 0Z1 T 403.269.3644 E [email protected] R10 R1W6 R20 R10 T20 T30 T40 T50 T60 T70 T60 T70 T80 R10W4 R20 R1W5 . West Shale Basin Peace River Arch Grosmont Carbonate Platform Southern Leduc Shelf Deformed Belt 0 50 100 150 200 250 km Duvernay Gross Isopach (m) l R eef/carbonate platform (S witzer et a , 1994) 0–10 11–20 21–30 31–40 41–50 51–60 61–70 71–80 81–90 91–100 101–110 EastShale Basin Study Area Introduction The East Shale Basin is HOT! Recent drilling activity, improving results and skyrocketing land prices of up to $5,000/ha are focussing attention on this emerging light oil play (fig. 1). Bonuses paid for Crown acreage in the East Shale Basin have exceeded $102MM since April 1, 2017! With a number of important land sales and disposition packages on the near horizon, parties interested in evaluating these opportunities will want to get up the learning curve fast. Canadian Discovery (CDL) is leveraging its extensive knowledge and expertise on the Duvernay to provide ready-to- use insights on the East Shale Basin play. Why the East Shale Basin? Recent analyst reports are pointing to IP30 rates of 300+ boepd and EURs exceeding 300 mboe (90% oil) for a US$45 WTI break even cost. As the shales are thinner, thermally less mature and have higher carbonate content, the East Shale Basin Duvernay is a different animal than its western neighbour (fig. 2). To help our clients evaluate the play, CDL is providing an independent Phase I analysis of geology, hydrodynamics, temperature, fluids, completions technology, productivity and economics. Deliverables This information package provides an overview of the play and a regional perspective of the Duvernay in the East Shale Basin. The major deliverables include: • Background and History » Activity and Intelligence o Discovery Digest Duvernay Resource Play Overview o Six Digest Spark articles covering recent drilling and land sale activity » Land - Land Rights Map • Geology » Duvernay Structure Map » Duvernay Third-Order Residual Structure Map » Duvernay Isopach Map » Strike and Dip Cross-sections » Minimum Principal Stress Gradient Map (using Mannville Proxy) Package Price $7,200 Fig 1. 2017 Land Sale Prices Land data supplied by geoLOGIC Fig 2. Duvernay Gross Isopach Source: Rokosh et al., 2012. OFR 2012-06 • Hydrodynamics and Geothermics » Duvernay Pore Pressure Gradient Map » Pressure-Depth Graph » Geothermal Gradient Map » Duvernay Isotherm Map » Duvernay Deep-Cut Yield Map » Duvernay API Gravity Map • Engineering and Production » IPmax Production Rate and Operators Map » Detailed East Shale Basin Completions Analysis » Duvernay East Shale Basin Type Curve » EUR Estimates » Economics Duvernay East Shale Basin Information Package ≤ 1.6 ≥ 3,840 > 3,000.00 2,000.00–3,000.00 1,000.00–2,000.00 250.00–1,000.00 < 250.00 Price per Hectare ($/ha) Area (ha) Price per Hectare ($/ha) Land Sale Date Jan 2016 Apr 2016 Jul 2016 Oct 2016 Jan 2017 Apr 2017 Jul 2017 5,000 6,000 4,000 3,000 2,000 1,000 0
Transcript of uvernay East Shale Basin - Technical Studies · D e f o r m e d B e l t 0 50 100 150 200 250 km...
CanadianDiscoveryLtd.
www.canadiandiscovery.comDESB-V01-2017.07.06
Contact Client Relations300, 706 – 7 Avenue SW, Calgary AB, T2P 0Z1T 403.269.3644 E [email protected]
R 10 W4R 1 W5 R 20R 10R 1 W6 R 20R 10
T20
T30
T40
T50
T60
T70
T80
T60
T70
T80
R 10 W4R 20R 1 W5
.
Wes t S hale B as in
Peace R iverArch
Grosm
ont Carbonate
P latform
S outhern Leduc S helf
Deformed
B elt
0 50 100 150 200 250 km
Duvernay Gross Isopach (m)
lR eef/carbonate platform (Switzer et a , 1994)
0–10
11–20
21–30
31–40
41–50
51–60
61–70
71–80
81–90
91–100
101–110
E as t S haleBasin
Study Area
IntroductionThe East Shale Basin is HOT! Recent drilling activity, improving results and skyrocketing land prices of up to $5,000/ha are focussing attention on this emerging light oil play (fig. 1). Bonuses paid for Crown acreage in the East Shale Basin have exceeded $102MM since April 1, 2017! With a number of important land sales and disposition packages on the near horizon, parties interested in evaluating these opportunities will want to get up the learning curve fast. Canadian Discovery (CDL) is leveraging its extensive knowledge and expertise on the Duvernay to provide ready-to-use insights on the East Shale Basin play.
Why the East Shale Basin?Recent analyst reports are pointing to IP30 rates of 300+ boepd and EURs exceeding 300 mboe (90% oil) for a US$45 WTI break even cost. As the shales are thinner, thermally less mature and have higher carbonate content, the East Shale Basin Duvernay is a different animal than its western neighbour (fig. 2). To help our clients evaluate the play, CDL is providing an independent Phase I analysis of geology, hydrodynamics, temperature, fluids, completions technology, productivity and economics.
DeliverablesThis information package provides an overview of the play and a regional perspective of the Duvernay in the East Shale Basin. The major deliverables include:
• Background and History
» Activity and Intelligence o Discovery Digest Duvernay Resource Play Overview o Six Digest Spark articles covering recent drilling and
land sale activity » Land - Land Rights Map
• Geology
» Duvernay Structure Map » Duvernay Third-Order Residual Structure Map » Duvernay Isopach Map » Strike and Dip Cross-sections » Minimum Principal Stress Gradient Map (using Mannville Proxy)
Package Price $7,200
Fig 1. 2017 Land Sale Prices Land data supplied by geoLOGIC
Fig 2. Duvernay Gross Isopach Source: Rokosh et al., 2012. OFR 2012-06
• Hydrodynamics and Geothermics
» Duvernay Pore Pressure Gradient Map » Pressure-Depth Graph » Geothermal Gradient Map » Duvernay Isotherm Map » Duvernay Deep-Cut Yield Map » Duvernay API Gravity Map
• Engineering and Production
» IPmax Production Rate and Operators Map » Detailed East Shale Basin Completions Analysis » Duvernay East Shale Basin Type Curve » EUR Estimates » Economics
Duvernay East Shale Basin Information Package
≤ 1.6 ≥ 3,840
> 3,000.002,000.00–3,000.001,000.00–2,000.00250.00–1,000.00< 250.00
Price per Hectare ($/ha)
Area (ha)
Pric
e pe
r Hec
tare
($/h
a)
Land Sale DateJan 2016 Apr 2016 Jul 2016 Oct 2016 Jan 2017 Apr 2017 Jul 2017
5,000
6,000
4,000
3,000
2,000
1,000
0
CanadianDiscoveryLtd.
www.canadiandiscovery.comDESB-V01-2017.07.06
Contact Client Relations300, 706 – 7 Avenue SW, Calgary AB, T2P 0Z1T 403.269.3644 E [email protected]
Land Sale ($/ha)Jan-July 5, 2017 Wells
First Nations LandFirst Nations Land
! Duvernay Hz ProducersUpcoming Land Sales
7/19/2017
8/2/2017
8/16/2017
1 - 50
51 - 150
151 - 450
451 - 850
851 - 1,500
1,501 - 3,000
3,001 - 5,390
Structural and Geological Edges
Leduc Reefs (WCSB Atlas, 1994)(( (( Paleozoic Deformation Front
A Duvernay Penetration
8/30/2017
