Wimborne Duvernay Shale Oil Opportunity - PrairieSky · Duvernay Isopach Wimborne -Duvernay Shale...
Transcript of Wimborne Duvernay Shale Oil Opportunity - PrairieSky · Duvernay Isopach Wimborne -Duvernay Shale...
Wimborne - Duvernay Shale Oil Opportunity Play Synopsis
In the last few years there have been several vertical tests and completions in the Duvernay to assess the potential for
producing commercial quantities of oil from the source rock. In late 2014 a Duvernay horizontal well was drilled and
completed in the Huxley area at 100/01-11-034-24W4. The production information is now public and the well is currently
producing oil at the rate of 105 bopd.
The Duvernay source rock in the area is in the oil window. Artis, the current operator in the Wimborne Basin, and Vesta in
the East Shale Basin to the west have shown that horizontal wells and slick water completions in the oil window can yield
significant quantities of oil. PrairieSky Royalty Limited has approximately nine townships of checkerboard fee lands in this
basin available for exploration and development for this play.
Area Township 32 to 37, Ranges 21W4 to 25W4
Active
Operators Artis, EOG/Vesta
Historical
Review The Duvernay shale oil to wet gas play was developed in the Western Shale Basin. Mature Duvernay
source rock is known to be in the oil window in the East Shale Basin and the Wimborne Basin. The
Duvernay in the East Shale Basin was first tested with the EOG Cygnet well 01-20-38-28W4 drilled in
2012. This well has produced 52,260 bbl of 40 degree API oil since 2013.
The Wimborne basin had oil shows in the Duvernay during the earlier phases of exploration for Leduc
and Nisku reservoirs in the area. Forge Petroleum drilled a deep test and cut a core in the Duvernay to
evaluate shale oil potential at 103/11-23-035-25W4 in 2012. This vertical well was perforated and
hydraulically fractured by Huron resources in 2015 and produced 440 bbl of oil on test. The Huxley 01-11
horizontal Duvernay well operated by Artis has produced over 56,300 bbl of oil in 14 months.
Current
Activity No current drilling is taking place; the Artis well drilled in the last year appears to be in a production test
phase with production being ramped up.
Seismic PrairieSky Royalty Limited has several 3-D seismic volumes and fair 2-D line coverage over portions of
the area.
Infrastructure The area has abundant infrastructure for oil and gas production.
Land Base Land Base: There is a large area of checkerboard PrairieSky Royalty Limited all rights and petroleum only
freehold lands.
Play
Parameters
Zone Depth: Duvernay (2000-2500 m TVD)
Reservoir:
Lithology: Duvernay, Organic rich shale (3% TOC) and lime mudstone
Average Porosity: Duvernay (unconventional, 6%)
Average Permeability: Duvernay (300 nD)
Water Saturation: Duvernay (20%)
Net Pay: Duvernay (20 m)
Expected IP30: Duvernay (350 bopd)
Expected EUR per well: 105 Mbbl
Drill Type and Cost: Duvernay (5 MM$)
Completion Type and Cost: Duvernay (5 MM$)
Duvernay Isopach
Well Results: Duvernay Duvernay Cross Section
Duvernay Oil Potential