04.03.2013 Views

The Sleeping Giant Bakken Oil in Montana

The Sleeping Giant Bakken Oil in Montana

The Sleeping Giant Bakken Oil in Montana

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<strong>The</strong> <strong>Sleep<strong>in</strong>g</strong> <strong>Giant</strong><br />

<strong>Bakken</strong> <strong>Oil</strong> <strong>in</strong> <strong>Montana</strong>


<strong>Montana</strong> Board of <strong>Oil</strong> and Gas Conservation<br />

Well Activity Locator Map


Locator Map Williston Bas<strong>in</strong>


Elm Coulee Field, Richland County <strong>Montana</strong>


WB Cross section


WB Type Log


Geological sett<strong>in</strong>g –Elm Coulee Field


Elm Coulee Type<br />

Log


Horizontal Well Vertical Exit


Horizontal Co-Planar


Fracture Treatment Equipment


s p er M onn<br />

th<br />

B arrel<br />

<strong>Montana</strong> Monthly <strong>Oil</strong> Production, Vertical vs. Horizontal Wells<br />

January 1986 through March 2010<br />

4,000,000 , ,<br />

$140.00 $<br />

3,500,000<br />

3,000,000<br />

2,500,000<br />

2,000,000<br />

11,500,000 500 000<br />

1,000,000<br />

500,000<br />

0<br />

Horizontal Re-drill<br />

Horizonta<br />

Vertical<br />

01 /19 /19 86<br />

01 /19 /19 87<br />

01 /1988 /19<br />

01 /1989 /19<br />

01/19 /1990<br />

01/19 /1991<br />

01/19 /19 92<br />

01/19 /19 93<br />

01/19 /19 94<br />

01/19 /19 95<br />

01 /19 /19 96<br />

01 /19 /19 97<br />

01 /19 /19 98<br />

01 /1999 /19<br />

01/20 /2000<br />

01/20 /2001<br />

01/20 /2002<br />

01/20 /20 03<br />

01/20 /20 04<br />

01 /20 /20 05<br />

01/20 /20 06<br />

01 /20 /20 07<br />

01 /2008 /20<br />

01/20 /2009<br />

01 /20 /20 10<br />

$120.00<br />

$100.00<br />

$80.00<br />

$60.00<br />

$40.00<br />

$20.00<br />

$0.00<br />

ad P rice<br />

l y W ellh e<br />

E<br />

IA M o n taa<br />

na M onth


Elm Coulee Field<br />

• Th<strong>in</strong> productive zone (


Elm Coulee Summary<br />

• <strong>Oil</strong> production dur<strong>in</strong>g 2006 was 36.3 million<br />

barrels, up from a recent historical low of 15.3<br />

million barrels dur<strong>in</strong>g 1999.<br />

• <strong>The</strong> 2006 production level was the highest annual<br />

production s<strong>in</strong>ce 1970.<br />

• Statewide production has exceeded 2006 levels <strong>in</strong><br />

p<br />

only three years that occurred dur<strong>in</strong>g peak<br />

production from the Bell Creek Field.


Questions?<br />

www.bogc.dnrc.mt.gov

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!