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Perspectives on Montana s Petroleum Industry MREA-MPA-MONTAX Bridges to the Future Conference October 15, 2009 D - PowerPoint PPT Presentation


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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
Presentation Overview
  • Industry Overview and Economic Contribution
  • Meet the Producers
  • Producing Areas and Trends
  • Geologic Elements of an Oil Field
  • Field Examples and the Technology of Discovery and Production
  • Have We Reached Peak Production?
geologic elements of an oil field
Geologic Elements of an Oil Field
  • Source Rock
  • Burial and Conversion to Petroleum
  • Reservoir Rock
  • Seal
  • Trap
petroleum system elements
Petroleum System Elements

(Impermeable)

(Porous/Permeable)

Potential

Migration Route

Good Reservoir 10 to 25% Porosity

0.5 to 12% Organic

Material

From: American Association of Petroleum Geologists Slide Series, “Quest for Energy”

the origin of petroleum
The Origin of Petroleum

Organic-rich

Source Rock

Thermally Matured

Organic Matter

Oil

From: American Association of Petroleum Geologists Slide Series, “Quest for Energy”

reservoir sandstone
Reservoir Sandstone

Good Porosity = Lots of Space for Petroleum

Pores

(blue)

From: American Association of Petroleum Geologists Slide Series, “Quest for Energy”

lower quality unconventional reservoirs require advanced technology at a higher price
Lower Quality “Unconventional” Reservoirs Require Advanced Technology ….. At a Higher Price

From: American Association of Petroleum Geologists Slide Series, “Quest for Energy”

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