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“Perspectives on Montana’s Petroleum Industry” MREA-MPA-MONTAX “Bridges to the Future” Conference October 15, 2009 Dave Ballard President Ballard Petroleum Holdings LLC Billings, Montana. Presentation Overview. Industry Overview and Economic Contribution Meet the Producers
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“Perspectives on Montana’s Petroleum Industry”MREA-MPA-MONTAX“Bridges to the Future” ConferenceOctober 15, 2009 Dave BallardPresidentBallard Petroleum Holdings LLCBillings, Montana
Presentation Overview • Industry Overview and Economic Contribution • Meet the Producers • Producing Areas and Trends • Geologic Elements of an Oil Field • Regional Geology • Field Examples and the Technology of Discovery and Production • Have We Reached Peak Production?
Field Examples and the Technology of Discovery and Production • Surface Geologic Mapping • Subsurface Geologic Mapping • Seismic Mapping • Horizontal Drilling and Frac Stimulation • Waterflood Enhanced Oil Recovery • CO2 Flood Enhanced Oil Recovery • Sensitive Environment Operations
North-Central Montana Shallow Gas Play, Structural Traps Targeted using 2D Seismic Technology Updated as of May, 2009
Well Log Display Showing Eagle Sand Reservoirs Sand in Yellow Gas Indicator in Red
SW Battle Creek Gas Field North-Central Montana Schematic Cross Section showing multiple gas reservoirs trapped by faulting
Eagle Gas Play, Havre Area North-Central Montana 2D Seismic profile and map showing fault blocks that trap gas in Eagle Sandstone reservoirs at shallow depths