Perspectives on Montanas Petroleum Industry MREAMPAMONTAX Bridges to the Future Conference October 1

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Perspectives on Montanas Petroleum
IndustryMREA-MPA-MONTAXBridges to the
Future ConferenceOctober 15, 2009 Dave
BallardPresidentBallard Petroleum Holdings
LLCBillings, Montana
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Presentation Overview

• Industry Overview and Economic Contribution
• Meet the Producers
• Producing Areas and Trends
• Geologic Elements of an Oil Field
• Field Examples and the Technology of Discovery
  and Production
• Have We Reached Peak Production?

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Field Examples and the Technology of Discovery
and Production

• Surface Geologic Mapping
• Subsurface Geologic Mapping
• Seismic Mapping
• Shallow Tight Gas Frac Stimulation
• Horizontal Drilling and Frac Stimulation
• Waterflood Enhanced Oil Recovery
• CO2 Flood Enhanced Oil Recovery
• Sensitive Environment Operations

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Horizontal Drilling and Frac Technology
Elm Coulee (2000)
Updated as of May, 2009
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Elm Coulee FieldRichland County, Montana
Drilling Site
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Bakken FormationWilliston Basin
WEST
EAST
SCHEMATIC STRUCTURAL CROSS-SECTION
Lodgepole fm (Miss)
Nesson Anticline
Elm Coulee Area
Three Forks fm (Dev)
Three Forks fm (Dev)
Modified after Meissner (1978)
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ELM COULEE AREAPRE-2000 BAKKEN PENETRATIONS
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TYPE LOG ELM COULEE AREABalcron Oil - 44-24
VairaSESE Sec. 24, T.24N., R.54E.
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VERTICAL VS. HORIZONTAL BAKKEN WELL PRODUCTION
ELM COULEE FIELD, RICHLAND CO., MONTANA
Vaira 44-24 Vertical Well and Williams 11X-24
Horizontal Well Sec. 24, T.24N., R.54E.
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GEOLOGIC SETTING ELM COULEE FIELDBakken
Structure, Depositional Limits, Productive Area
ZERO EDGE LOWER BAKKEN SHALE
ZERO EDGE MIDDLE BAKKEN MBR
ZERO EDGE UPPER BAKKEN SHALE
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Bakken Stratigraphic Cross-Section Richland
County
SOUTH
NORTH
NW NW 3 22N 56E
NE SW 34 24N 57E
SE SW 21 25N 57E
SE SW 6 23N 57W
SWSE 19 23N 57E
NESWSW 15 23N 55E
Gamma Ray Density/Neutron Dual Laterolog
Gamma Ray Density/Neutron Dual
Laterolog
Gamma Ray Sonic Dual Laterolog
Gamma Ray Density/Neutron Dual Laterolog
Gamma Ray Density/Neutron Dual Laterolog
Gamma Ray Density/Neutron Dual Laterolog
LODGEPOLE
DATUM TOP BAKKEN FM
LODGEPOLE
UPPER BAKKEN SHALE
gt 6 POROSITY
MIDDLE BAKKEN MEMBER (DOLOMITE)
MAP INTERVAL
lt 6 POROSITY
LOWER BAKKEN SHALE
UNCONFORMITY
THREE FORKS
THREE FORKS FM
CROSS-SECTION - MIDDLE BAKKEN DOLOMITE
MEMBER Richland County, Montana
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Bakken Oil Well Frac StimulationRichland
County, Montana
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Oil Tank Battery
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SUMMARY MAP ELM COULEE FIELD (Jan-2006)
450 Square Miles EUR 225 MMBO, 270 BCFG