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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

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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?

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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

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North-Central Montana Shallow Gas Play, Structural Traps Targeted using 2D Seismic Technology

Updated as of May, 2009

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Well Log Display Showing Eagle Sand Reservoirs

Sand in Yellow

Gas Indicator in Red

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Formation of “Pop-Up” Fault Blocks North-Central Montana

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SW Battle Creek Gas Field

North-Central Montana

Schematic Cross Section showing multiple gas reservoirs trapped by faulting

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Seismic vibrator trucks in the field

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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

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