LOWER ST. LAWRENCE
Transcript of LOWER ST. LAWRENCE
LOWERST.LAWRENCE
Conven1onalHTDPlay
A.Aubiès-T.,PhD.,geo.&P.Laroche,ing.,geo.
APGQ-QOGA
OCTOBER31st2016
2001-2016
15YEARSOFACHIEVEMENT
www.squatex.com
Certain statements made herein may cons0tute forward-lookingstatements.ThesestatementsrelatetofutureeventsorfutureeconomicperformanceofRessources&EnergieSquatexinc(SQUATEX)involverisks,uncertain0esandotherknownandunknownfactorsthatmayappreciablyaffect their results, performance or achievements compared to whatexpressedorimpliedbythestatementsofSQUATEX.
Actualeventsorresultscoulddiffer.Consequently,thedecisiontoinvest
insecuri0esandSQUATEXshouldatno0mebebasedonsuchstatements.SQUATEXdisclaimsanyinten0onandassumenoobliga0ontoupdatesuchstatements.
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FORWARDLOOKINGSTATEMENTS
SQUATEXEXPLORATIONLICENCES
656093Hectares(1621205Acres)
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Collabora1onINRS/MITACS
SQUATEX:2001-2016SQUATEX:15YEARSOFACHIEVEMENT
Ø Since 2010, SQUATEX, like somemajor oil and gascompanies such as Shell, Amoco, Total and ConocoPhillips,isusingslimholedrillingtechniques.
Ø The same well informa0on and technical data aregatheredatcost far lowerthanbyusingaconven0onaloildrillingrig.
Ø Ourresul0ngholescanbeeventuallycompletedandputintoproduc0on.
Ø The small well pad design allows to greatly reduceambient noise, pollutants and the need of largequan1tyofwater.
OURDRILLINGTECHNIQUES:SLIMHOLEREDUCEDENVIRONNEMENTALIMPACTANDCOST
SIZE OF DRILLING PAD
1000M2
12000M2
Conven0onaloildrillingrig
Slimholeoilrig
Conven0onaldrillingrigSlimholeDRILLING COSTS
Squatex drilling ac0vi0es have a greatlyREDUCEDIMPACTontheenvironment.
COLLABORATIONWORKWITHINRSIN2015-2016
FACIESANALYSISOFTHESAYABECFORMATION
Detailedstra0graphywithintheSayabecForma0on
Variousporosi*esoccurringwithintheSayabecForma*on
FromS.Larmagnatetal.(2016)
Intrabioclas0cporosity
MatrixPorosity
Fracturesporosity
Intragrainporosity
PRELIMINARYRESULTSFROMTOMODENSITOMETRY
FromS.Larmagnatetal.(2016)
ANALOGUE:ALBION-SCIPIO(HTDTRENTONFM.)
HTDAlbion-Scipio(+250MMbblofoil-Michigan).Fractures and vugs showingeffec0ve porosity within theSayabecForma0on.
Albion-Scipio reservoir faciesshowing variable porosity at cmscale.Fine grain facies with matrixreplaced locally by micro-dolomiteintheSayabecForma0on.
FromS.Larmagnatetal.(2016)
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4
43
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2
1 Albion-Scipio Massé
Albion-Scipio Massé
COLLABORATIONSQUATEX/INRS-ÉTÉ:NEXTSTEP
FromS.Larmagnatetal.(2016)
MASSÉSTRUCTUREDISCOVERY
LOWERST.LAWRENCE:AREAOFINTEREST
TARGET:HYDROTHERMALDOLOMITE(HTD)
2005-SQX-01
2008-SQX-04MASSÉNo.1
Gaz+Pétrole
GAZ
INFERREDPOROSITYBYTHEAVOPROCESSINGOFSEISMICLINEMNR-2001-02
GAZ
1km
N SMASSÉNo.2
Gaz+Pétrole
GAZ
Pétrole Pétrole
Fm.St-Léonsup.(CAPROCK)
Fm.St-Léoninf.(SiltstoneCalcaireux)
Fm.Sayabec(Carbonates)
SQUATEXMASSÉNo.2:WELLLOGS
RHOB-NPHICROSSOVERAnindica0veofHYDROCARBONS
HighResis1vity
Rgas>Roil>Rwater
QUALITATIVEINTERPRETATIONOFLOGS
300m
Prospec1v
einterval(1000m+)
SPROULE2016REPORTEs0ma0on of a mean value of 53.6 BCF ofgas inplaceand52.2MMbblofoil inplaceover an interval of1060m (grosspay zone)withinameansurfaceof5.2km2.
FromSproule2016
SQUATEXMASSÉ:SPROULEEVALUATION
Equivalent
to10BCF(G
as)and10M
Mbbl(Oil)per
km2
overanaver
ageinterval
of1000minthi
ckness!!!
SQUATEXMASSÉ:SPROULEEVALUATION
SPROULE2016REPORTEs0ma0on of a mean value of 53.6 BCF ofgas inplaceand52.2MMbblofoil inplaceover an interval of1060m (grosspay zone)withinameansurfaceof5.2km2.
FromSproule2016
EXPLORATIONCONCEPTANDTARGETS
PLAYCONCEPT
PLAYCONCEPT
ThisplayisalsoobservedintheSt.LawrenceLowLandswithintheTrentonForma0on=Poten0alfor
CONVENTIONALPRODUCTION(nofractura0onjob)!!!
BHP-90-108
PLAYCONCEPT
ThisplayisalsoobservedintheSt.LawrenceLowLandswithintheTrentonForma0on=Poten0alfor
CONVENTIONALPRODUCTION(nofractura0onjob)!!!
PROSPECTIVEAREASANDFORTHCOMINGWORKS
SQUATEXLSL:CONVENTIONALHTDPLAY
THEFUTUREFORSQUATEXIS:
Ø Inves0gate theHydrothermal Dolomites extentover the LowerSt.Lawrence(onanareaof+/-300km2)
Ø Inves0gate theHydrothermal Dolomites extentover the LowerSt.Lawrence(onanareaof+/-300km2)
Ø Validate the hydrocarbon poten0al on a 1000m intervalcontainingnumerousporouslevelswhichcouldhold10BCFofgasand10MMbblofoilperkm2(Mean)
THEFUTUREFORSQUATEXIS:
ValidatethatQuebecholdsgoodCONVENTIONALHTDPLAYS
THEFUTUREFORSQUATEXIS:
Ø Inves0gate theHydrothermal Dolomites extentover the LowerSt.Lawrence(onanareaof+/-300km2)
Ø Validate the hydrocarbon poten0al on a 1000m intervalcontainingnumerousporouslevelswhichcouldhold10BCFofgasand10MMbblofoilperkm2(Mean)
www.squatex.com
MasséNo2Well(SQX)
Thanks:S.Larmagnat,M.Malo,J.Raymond,K.BédardP.Francus,L-F.Daigle&M.DesRoches
2001-201615YEARSOFACHIEVEMENT