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exploration review THE BAKKEN AT ANTLER AND SINCLAIR

exploration review THE BAKKEN AT ANTLER AND SINCLAIR

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<strong>BAKKEN</strong> LIGHT OIL<br />

In the Antler/Sinclair <strong>review</strong> area, the Bakken has produced<br />

about 5.0 million barrels of oil from over 420 wells and<br />

currently produces at an average combined daily rate of<br />

over 8,700 bopd from almost 380 wells ( tables, opposite<br />

page). Tundra Oil and Gas, the main producer, accounts<br />

for about 80% of the current daily production, and Rideau<br />

Petroleums supplies for about 14%. The daily production<br />

of other operators is currently only minor. These numbers<br />

are current to December 31, 2005 for Manitoba, and to<br />

May 31, 2006 for Saskatchewan. They refer to the Bakken<br />

wells highlighted on the Antler/Sinclair <strong>review</strong> area well<br />

location map ( page B23).<br />

The production graph ( below) tracks the history of Manitoba<br />

Bakken oil production in terms of the combined average daily<br />

oil rate, and the number of producing wells, since Bakken<br />

production started in Manitoba in 1985.<br />

On the Saskatchewan side of the Antler/Sinclair <strong>review</strong><br />

area, the Bakken has produced only about 129,000 barrels<br />

of oil from 26 wells, and the combined average daily rate is<br />

510 bopd. The main operators on this side of the border are<br />

Tundra, Grand Banks, and Canetic. Activity is just beginning<br />

on this side of the <strong>review</strong> area.<br />

In the Williston Basin, the Late Devonian/Early Mississippian<br />

Bakken is a tri-partite sequence deposited during marginal<br />

marine and deep marine conditions. The Upper and Lower<br />

Members are deep marine basinal facies deposited in water<br />

depths exceeding 200 metres. The Middle Member contains<br />

0 1000 2000 3000 4000 5000 6000 7000 8000 9000 1.0E4<br />

Wellcount: 530<br />

Prod. Data as of: July 31, 2006<br />

1985<br />

1987<br />

Avg Dly Oil (bbl/d)<br />

1989<br />

1991<br />

1993<br />

1995<br />

Time<br />

Cum Oil/Cnd (bbl):<br />

Cum Gas (mcf):<br />

Cum Wtr (bbl):<br />

1997<br />

5016071<br />

50<br />

6235579<br />

1999<br />

2001<br />

R2W6<br />

2003<br />

Nbr of Wells (#)<br />

2005<br />

R26<br />

2007<br />

400<br />

360<br />

320<br />

280<br />

240<br />

200<br />

160<br />

120<br />

80<br />

40<br />

0<br />

Created<br />

in AccuMap (TM), a product of IHS Datum: NAD 27<br />

Licence Data to: September 12, 2006 / Production Data to: July 31, 2006<br />

Base map generated with IHS Energy AccuMap<br />

ALL MANITOBA - <strong>BAKKEN</strong>/TORQUAY PRODUCTION<br />

<strong>SINCLAIR</strong>/DALY, SW MAN.<br />

WWW.CANADI<strong>AND</strong>ISCOVERY.COM<br />

B29

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