Neset Consulting Service
-
Upload
philyra-desma -
Category
Documents
-
view
21 -
download
0
description
Transcript of Neset Consulting Service
![Page 1: Neset Consulting Service](https://reader036.fdocuments.us/reader036/viewer/2022062517/56812cfd550346895d91d12e/html5/thumbnails/1.jpg)
Presented by: Kathleen Neset
NDPC Annual MeetingGrand Forks, ND
![Page 2: Neset Consulting Service](https://reader036.fdocuments.us/reader036/viewer/2022062517/56812cfd550346895d91d12e/html5/thumbnails/2.jpg)
![Page 3: Neset Consulting Service](https://reader036.fdocuments.us/reader036/viewer/2022062517/56812cfd550346895d91d12e/html5/thumbnails/3.jpg)
![Page 4: Neset Consulting Service](https://reader036.fdocuments.us/reader036/viewer/2022062517/56812cfd550346895d91d12e/html5/thumbnails/4.jpg)
![Page 5: Neset Consulting Service](https://reader036.fdocuments.us/reader036/viewer/2022062517/56812cfd550346895d91d12e/html5/thumbnails/5.jpg)
7.4 BBO Bakken and Three Forks
3.65 BBO Bakken 3.73 BBO Three Forks4.42 BBO (95%) to 11.43 BBO (5%)6.7 Trillion cu ft. of natural gas 0.53 BB NGL
Technically recoverable oil with current technology.
![Page 6: Neset Consulting Service](https://reader036.fdocuments.us/reader036/viewer/2022062517/56812cfd550346895d91d12e/html5/thumbnails/6.jpg)
North Dakota Stratigraphic Column
Bakken Formation~360 Million Years OldPaleozoic EraMississippian/Devonian Period~110’ thick
Three Forks/Sanish~370 Million Years OldPaleozoic EraDevonian Period~240’ thick
Bakken
Three Forks
![Page 7: Neset Consulting Service](https://reader036.fdocuments.us/reader036/viewer/2022062517/56812cfd550346895d91d12e/html5/thumbnails/7.jpg)
StratigraphyStratigraphy
Three Forks FormationThree Forks Formation
Bakken FormationBakken Formation
Lodgepole FormationLodgepole Formation
lower
middle
upper
Pelmatozoan limestone
“False Bakken”
Devon
ian
Mis
sis
sip
pia
n
“Sanish”
![Page 8: Neset Consulting Service](https://reader036.fdocuments.us/reader036/viewer/2022062517/56812cfd550346895d91d12e/html5/thumbnails/8.jpg)
![Page 9: Neset Consulting Service](https://reader036.fdocuments.us/reader036/viewer/2022062517/56812cfd550346895d91d12e/html5/thumbnails/9.jpg)
![Page 10: Neset Consulting Service](https://reader036.fdocuments.us/reader036/viewer/2022062517/56812cfd550346895d91d12e/html5/thumbnails/10.jpg)
![Page 11: Neset Consulting Service](https://reader036.fdocuments.us/reader036/viewer/2022062517/56812cfd550346895d91d12e/html5/thumbnails/11.jpg)
DrillpipeNon-magnetic Drill Collar
Bent Sub
Mud MotorRotating Sub
![Page 12: Neset Consulting Service](https://reader036.fdocuments.us/reader036/viewer/2022062517/56812cfd550346895d91d12e/html5/thumbnails/12.jpg)
![Page 13: Neset Consulting Service](https://reader036.fdocuments.us/reader036/viewer/2022062517/56812cfd550346895d91d12e/html5/thumbnails/13.jpg)
![Page 14: Neset Consulting Service](https://reader036.fdocuments.us/reader036/viewer/2022062517/56812cfd550346895d91d12e/html5/thumbnails/14.jpg)
![Page 15: Neset Consulting Service](https://reader036.fdocuments.us/reader036/viewer/2022062517/56812cfd550346895d91d12e/html5/thumbnails/15.jpg)
Widespread Bakken deposits
Phase I – initial drilling – define limits of pay
Phase II – development drilling – hold leases
Phase III – infill drilling – multipad drilling
Phase IV – secondary & tertiary recovery
![Page 16: Neset Consulting Service](https://reader036.fdocuments.us/reader036/viewer/2022062517/56812cfd550346895d91d12e/html5/thumbnails/16.jpg)
![Page 17: Neset Consulting Service](https://reader036.fdocuments.us/reader036/viewer/2022062517/56812cfd550346895d91d12e/html5/thumbnails/17.jpg)
![Page 18: Neset Consulting Service](https://reader036.fdocuments.us/reader036/viewer/2022062517/56812cfd550346895d91d12e/html5/thumbnails/18.jpg)
![Page 19: Neset Consulting Service](https://reader036.fdocuments.us/reader036/viewer/2022062517/56812cfd550346895d91d12e/html5/thumbnails/19.jpg)
Courtesy of Continental Resources
![Page 20: Neset Consulting Service](https://reader036.fdocuments.us/reader036/viewer/2022062517/56812cfd550346895d91d12e/html5/thumbnails/20.jpg)
Earthquakes occur deep within earth’s crust & upper mantel along plate tectonic boundaries.
Origin of earthquakes is approximately 500 miles deep.
Fracking in the Bakken approximately 2 miles deep.
![Page 21: Neset Consulting Service](https://reader036.fdocuments.us/reader036/viewer/2022062517/56812cfd550346895d91d12e/html5/thumbnails/21.jpg)
• Currently, only 3%–10% recovery factor.
• Small improvements in recovery could yield over a billion barrels of oil.
• Can CO2 be a game changer in the Bakken?
![Page 22: Neset Consulting Service](https://reader036.fdocuments.us/reader036/viewer/2022062517/56812cfd550346895d91d12e/html5/thumbnails/22.jpg)