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CsSolutions

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Title: CsSolutions


1
CsSolutions Gulf of Mexico - Colt Project
2
  • Table of Contents
  • Cover Letter (slide 3)
  • SRM Analysis (slide 4)
  • Gulf of Mexico Area Map (slide 5)
  • Movie/Film Transcript (slide 6)
  • History of Drilling Production (slide 7)
  • Gulf of Mexico Flexure Trend Study (slides 8 to
    11)
  • Gulf of Mexico Production Pie Chart (slide12)
  • Estimated Recoveries (COLT) (slide 13)
  • Casablanca Ounara Prospects (slides 14 15)
  • Talsinnt / Breton Sound Prospect (slides 16 to
    20)
  • Reserves Engineering w/ Map (slides 21 22)
  • Gary Perry (Geotrace) Letter / Article (slides 23
    to 27)
  • Renn Rothrock Letter (slide 28)
  • Letters from John Sobehrad (slide 29)
  • Robert Foote Letter (slide 30)
  • Oil Gas Journal Article (slides 31 to 33)
  • Project Ouachita Thrust (slide 34)
  • SRM Quote (slide 35)

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  • Sedimentary Residual Magnetic Analysisis the
    best pre-seismic exploration technology.
  • Rapid area coverage and quick processing
    maintain the superiority of SRM for new
    exploration
  • Aerial data acquisition and prompt results focus
    on the most promising areas, saving much time and
    expense.
  • Unrivaled cost effectiveness SRM analysis
    covers a much larger area for a given expense
  • When bang for the buck is important, pre-screen
    more acreage and more opportunities with SRM.
  • Exclusive technology and experience Proprietary
    SRM analysis cannot be obtained anywhere else
  • SRM technology has been developed and refined
    through 27 years of research and analysis on over
    300,000 square miles of projects worldwide. No
    other company provides SRM maps designating
    Magnetic Bright Spot (MBS ) areas, which
    locate probable oil and gas fields. This
    information cannot be derived from other results,
    and is only identifiable by SRM processing.
  • SRM anomalies correlate directly to magnetic
    minerals indicative of hydrocarbons
  • Magnetic susceptibility measurements from
    thousands of wells and dry holes around the world
    prove that SRM anomalies measure the extent of
    maghemite or greigite.
  • SRM analysis locates hydrocarbons both onshore
    offshore at a wide range of reservoir depths
  • The detected magnetic minerals (authigenic
    maghemite or greigite) are in the semi-shallow
    subsurface, regardless of reservoir depth.
    Microseepage above a reservoir is a requirement
    for in-situ formation of these minerals.
  • Access is virtually unlimited, with no
    environmental impact to areas of interest
  • Aerial exploration avoids ground-based logistical
    difficulties. High-impact, high-cost seismic can
    then be restricted to select areas.

5
GOM Area Map
6
The Gulf of Mexico remains a vibrant and
prospective hydrocarbon basin with generally
thick sediments and widespread salt structures.
The Upper Tertiary zones yield production over
300 million barrels per year. Yet, according to
the MMS, over half of the reserves remain to be
discovered. Existing discoveries have about 45
billion barrels of proved reserves, with an
estimated 85 billion barrels still to be
identified. For exploration, most companies have
turned to extensive offshore seismic surveys.
Placing seismic over the most prospective areas
saves significant time and money. The unique and
efficient Magnetic Bright Spot method detects
structural and stratigraphic reservoir
signatures. This method is based on measurement
of magnetic properties of certain minerals that
exist above the reservoir area. In the 1990s, an
area of data encompassing much of East Breaks,
Garden Banks, Green Canyon, and Mississippi
Canyon was acquired and refined for proprietary
analysis. By 2003 enhanced processing yielded the
current Magnetic Bright Spot map. Statistics show
that 88 of all production since 1998 is located
within the radial limits of the mapped MBS
anomalies. Lease blocks in the survey area are
rated at Tier 1 and Tier 2 levels. Blocks are
selected for these ratings based on the size and
intensity of the magnetic bright spot in the
block. The Tier 1 blocks, shown in red, are prime
locations for resources and development. The Tier
2 blocks, shown in green, are prospect of a
slightly lower rating. Oil fields have been
developed within these anomalous blocks. In fact,
over 150 of these blocks are held by fields,
having 12 billion barrels of reserves. This
leaves 345 underdeveloped Tier 1 and Tier 2
blocks. According to studies, an exploration
effort outside these blocks has a 3 chance of
finding commercial production. The Tier 1 and
Tier 2 blocks provide a virtual road map to
identifying an estimated 18 billion barrels
remaining in the survey area. The leverage that
the data provide, in addition to good geologic
study, gives Cs Solutions the competitive edge.
Magnetic Bright Spot analysis virtually
guarantees that you will significantly reduce the
finding costs for your discovery.
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If you are drilling inside the radial limits of
an MBS anomaly your chances of finding commercial
Oil Gas are increased by over 9 times.
13
CsSolutions Gulf of Mexico - Colt Project
Estimated Recoveries
  • Casablanca - 25 MMBOE
  • Ounara - 30 MMBOE
  • Loukos - 25 MMBOE
  • Talsinnt - 76 MMBOE
  • Total 156 MMBOE
  • (Estimated maximum recovery 200 MMBOE)

14
Casablanca Prospect GA 253
Ounara Prospect EB 190
CsSolutions Gulf of Mexico - Colt Project
15
Tequila 30 MMboe
Ligera 45 MMboe
analog Cervesa Fld 30 MMboe
Ounara Prospect
Casablanca Prospect
analog Lost Ark Fld 15 MMboe
LaSalle 10 MMboe
Balboa 10 MMboe
Hack Wilson 10 MMboe
Falcon 45 MMboe
Nansen 180 MMboe
Navajo 35 MMboe
Boomvang(s) 95 MMboe
Raptor 15 MMboe
CsSolutions Field Trend Map Casablanca Ounara
Prospects
Harrier 15 MMboe
jfs 12/10/06
16
Talsinnt Prospect Breton Sound
CsSolutions Gulf of Mexico - Colt Project
17
The Talsinnt Prospect is a 21,500 test for
Tertiary age Miocene sands. The prospect is
located in 18 of water in Breton Sound Block 52
and has estimated reserves of 60 MMboe. The
Breton Sound acreage was acquired by CsSolutions
in Louisiana State Sale of November 8th,
2006. Talsinnt is located within the Miocene
Salt Dome productive belt of southern
Louisiana. The Lake Washington Field, located 30
miles east in Plaquemines Parish, is an analog
for the Talsinnt structure and reservoirs. The
reservoir in well 65 from the Lake Washington
Field is a possible representative of the
targeted zone for the Talsinnt Prospect. The 65
well produces from multiple zones in, what is
interpreted to be the Cib Op / Rob L
reservoirs, at a depth of approximately
15,000-15,250. The reservoir is
stratigraphically trapped on the flank of the
salt dome. Production was established in 1998,
the well has produced 360 Mbo / 3.4 Bcfg thru
7/2006. Reports indicate the Lake Washington
Field is a 400 MMboe field producing from
numerous zones in the Cib Carst thru Rob L
age reservoirs. The Talsinnt Prospect is a
deep seated salt dome the potential reservoir
trap is a combination fault-stratigraphic on the
southern flank of the dome. 3D seismic data
exhibits the structural and stratigraphic nature
of the Talsinnt Prospect. Seismically, all the
objectives are amplitude supported. AVO
determined the initial leads, followed by using
GeoTraces High Frequency Imaging (HFI).
Subsequently, the state-of-the-art technology,
RockRes, was used to identify actual rock and
fluid properties. The AVO, HFI, and RockRes have
confirmed potential hydrocarbon reservoirs of the
Talsinnt Prospect.
Talsinnt Prospect Breton Sound Blocks 36-46-51-52
18
Cs Solutions RockRes GeoBody Map Seismic
Section Talsinnt Dome Prospect Breton Sound
Cib OP
RockRes GeoBody Reservoirs
Rob L
salt
6 miles
Seismic Section
jfs 12/10/06
19
Cs Solutions RockRes GeoBody Map Seismic
Section Type Log Talsinnt Dome Prospect (South
19,000 Interval) Breton Sound
0
2000
seismic
South Talsinnt Max Enclosure 1350 acres
Lake Washington Field perfs 14,986 to 15,016
360 Mbo 1.7 Bcfg
RockRes GeoBody Reservoirs
RockRes GeoBody Map
Lake Washington Field perfs 15,243 to15,
274 300 bopd 6.8 MMcfgpd 300 Mbo 1.6
Bcfg
Seismic Section
jfs 12/10/06
20
Cs Solutions RockRes GeoBody Map Seismic
Section Type Log Talsinnt Dome Prospect (North
19,000 Interval) Breton Sound
North Talsinnt Max Enclosure 500 acres
seismic
RockRes GeoBody Reservoir
Lake Washington Field perfs 14,986 to 15,016
360 Mbo 1.7 Bcfg
RockRes GeoBody Map
Lake Washington Field perfs 15,243 to15,
274 300 bopd 6.8 MMcfgpd 300 Mbo 1.6
Bcfg
Seismic Section
jfs 12/10/06
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SRM is no guarantee youll succeed in any grass
roots exploration program, but without it, its
almost guaranteed that you will not
succeed. (Modified after Gates) What is
guaranteed, is that you will significantly reduce
your finding costs in your exploration program
through the utilization of SRM/MBS
technology.
36
Strategy
37
Benefits
38
Benefits 2
39
Benefits 3
40
Benefits 4
41
Prospect Area Reserves
100 mi.
100 mi.
42
Prospect Generation 3
43
SRM Theory
44
SRM Response-Cross Section
45
Applying SRM
46
Applying SRM 2
47
Applying SRM 3
48
Data Acquisition
49
Conclusion
The present day exploration paradigm is so
well-established that it suppresses the
acceptance of new technologies holding promises
of significant advancements. Change is often
unsettling and frequently risky. But the
greatest danger as a rule is not change, but
failure to recognize a need for change
particularly in preconceived ideas until it is
too late. The bottom line in petroleum
exploration is risk reduction. The risk factor
increases when an explorationist maintains a
myopic view of using only one geophysical method
as his/her solution to exploration problems,
rather than using a full complement of various
technologies that can dramatically reduce risk!
(Gochioco, Leading Edge, 2002) Cs Solutions
provides risk reduction with SRM technology by
being able to
  • Identify Potential Reserves Rapidly
  • Limit Acreage Acquisition
  • Reduce Seismic Expenses
  • Prove Petroleum Systems
  • Increase Reserve Base
  • Maximize Manpower
  • Significantly Reduces Finding Costs per BOE
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