The Duvernay Formation in the East Shale Basin offers higher liquid yields & lower GOR in the range of 0-1000 m3/m3 at shallow target depths less than 2500 metres, significantly shallower than the West Shale basin and Kaybob regions. Old oil fields never die. They just get better with age. It's a time-worn cliche, but in the case of Alberta's Duvernay shale, it may be the best example yet.. By now everybody has heard about the The Duvernay Shale is about 1 km deep at its northeast limit and deepens towards Alberta’s foothills, where it is over 5 km deep. The Duvernay’s net-pay thickness Footnote 8 ranges from near zero to over 100 m. Formation porosity ranges from about 2 to 10% by volume and its organic content ranges from 2 to 5% by weight. Canadian Discovery has leveraged its extensive knowledge and expertise on the Duvernay to provide ready-to-use insights on the East Shale Basin play. Recent analyst reports are pointing to IP30 rates of 300+ boepd and EURs exceeding 300 mboe (90% oil) for a US$45 WTI break even cost. The SCOOP play otherwise called the South Central Oklahoma Oil Province play is principally located in the state's Anadarko Basin. The region has seen a big upswing in interest since 2012, when Continental Resources began to search for oil-based opportunities adjacent to its Woodford gas assets. The Montney shale is one of the most popular Canadian unconventional plays, the Montney Tight Sands formation is another member of the Western Canadian Sedimentary Basin. The Montney Shale gas basin is found primarily in NE British Columbia (B.C). Horizontal development began in 2005 and, with the avent of multi-stage fracture technology, the true potential of the montney was relized.
21 Sep 2019 Municipal District of Greenview Map Montney Duvernay within both the Montney and Duvernay shale plays, formations rich in natural gas. Shale oil and shale gas are trapped deep within formations of shale — a form of Duvernay Oil Shale - Duvernay Oil & Gas Discovery - Duvernay Shale Play - Duverney. Duvernay Shale - Alberta, Canada - Natural Gas & Oil Field to a bottom hole location at 03-13-060-20W5, with a total depth of 4,866 meters.
It’s more of an oil play than the western Duvernay, it’s located close to an extensive oilfield services cluster, and wells are shallower than a lot of shale plays, at depths of 2,000–2,500 metres. Similar to the Cardium, the Duvernay formation is part of the Western Canadian Sedimentary Basin group. Targeted for its shale gas condensate, the Duvernay is a popular target amongst Canadian exploration and production companies. The size of the prize in the giant Duvernay Shale is BIG—Canadian brokerage firm CIBC Wood Gundy said in a June 14 report the oilpatch could recover 2-5 billion barrels of liquids and 150 TRILLION cubic feet of gas. The Montney Shale Play is located in the Dawson Creek area just south of the Horn River Shale as well as the Duvernay Shale. Higher natural gas prices have caused companies to look at unconventional resource plays such as shale formations to extract natural gas.
The Duvernay Shale is an emerging oil and liquids-rich gas formation in the Western Canada Sedimentary Basin. Many in the industry believe the Duvernay is the closest analog to the Eagle Ford Oil can be found in the north portion of the Duvernay oil shale while Natural Gas can be found in the south and central parts. Land leasing auctions have been heating up as we head into 2012. Based on early drilling results, Trilogy Energy has spud several wells and produced between 1,250-1,350 boe/d. Since late 2013, Shell has been pursuing the production of light tight oil, gas and liquids from the Duvernay play, in this area. As of April 2017, Shell has 17 wells on-stream, averaging approximately 3,000 barrels of oil equivalent per day. For more information about Shell’s Alberta Light Tight oil business, please contact: 1-855-723-3193. The Duvernay Formation represents the source rock for prolific reservoirs such as the Leduc reefs. Shale gas and condensate is produced from the Duvernay Formation in central Alberta using horizontal drilling and multi-stage hydraulic fracturing. $2 billion was paid for leases during 2010 and 2011. Prices for land remained high as of June, 2012 despite costs of drilling being expensive. Duvernay Play Heats Up-China now owns a stake in the Duvernay Oil play - Encana Corporation (NYSE: ECA) has entered into a joint venture arrangement with Phoenix Duvernay Gas (Phoenix), a wholly owned subsidiary of PetroChina, to explore and develop Encana's extensive undeveloped Duvernay land holdings in west-central Alberta. Under the terms of the agreement, Phoenix will gain a non-controlling 49.9% interest in Encana's approximately 445,000 acres in the Duvernay play for total The Duvernay in central Alberta is a shale play, while the Montney, straddling northern Alberta and British Columbia, is technically a formation of siltstone, a more porous rock. Encana started snapping up land years ago for $800 a hector ( roughly $324 an acre ) and is the largest operator in this play to date. Shortly before the $610 million auction in July, Shell Canada bought Duvernay Oil Company for C$5.9 billion dollars. Duvernay had 450,000 acres in the Montney Shale and Alberta's Deep Basin.
The Duvernay Shale is about 1 km deep at its northeast limit and deepens towards Alberta’s foothills, where it is over 5 km deep. The Duvernay’s net-pay thickness Footnote 8 ranges from near zero to over 100 m. Formation porosity ranges from about 2 to 10% by volume and its organic content ranges from 2 to 5% by weight. Canadian Discovery has leveraged its extensive knowledge and expertise on the Duvernay to provide ready-to-use insights on the East Shale Basin play. Recent analyst reports are pointing to IP30 rates of 300+ boepd and EURs exceeding 300 mboe (90% oil) for a US$45 WTI break even cost. The SCOOP play otherwise called the South Central Oklahoma Oil Province play is principally located in the state's Anadarko Basin. The region has seen a big upswing in interest since 2012, when Continental Resources began to search for oil-based opportunities adjacent to its Woodford gas assets. The Montney shale is one of the most popular Canadian unconventional plays, the Montney Tight Sands formation is another member of the Western Canadian Sedimentary Basin. The Montney Shale gas basin is found primarily in NE British Columbia (B.C). Horizontal development began in 2005 and, with the avent of multi-stage fracture technology, the true potential of the montney was relized. Lithology. The formation is composed of siltstone and dark grey shale, with dolomitic siltstone in the base and fine grained sandstone towards the top. The facies is shaley in the north and west of the extent ( Fort St. John ), silty in the center ( Dawson Creek and Pouce Coupe areas) and becomes coarser ( sandy)