Five wells have been completed and are tied into production facilities, and an additional four wells are waiting on completion and tiein. Kerogen density revisited lessons from the duvernay shale. Engineering, procurement, project and construction management of several multi pads in the alberta duvernay field 68 wellspads. Geometry and failure mechanisms from microseismic in the. The devonian duvernay shales are proven source rocks for many of the large devonian oil and gas pools in alberta including the leduc discovery in 1947. Nov 28, 20 companies are starting to fine tune development plans for the duvernay, committing hundreds of millions of dollars to tap an emerging resource play touted as north americas next big shale bonanza. Point loma currently holds approximately 15,000 net acres.
Well tests show initial rates up to 3900 boed with eur values less than 1. The duvernay shale play could well be the biggest thing to hit the alberta energy sector since the oil sands, but five years into its development, players are still hedging their bets. Mineralogy of duvernay, muskwa, and montney formations for. Between 20112014, chevron successfully drilled 16 horizontal wells, of which utilized multistage fracking. The duvernay shale gas play oil and gas investments bulletin. Apr 27, 2011 the duvernay is, in fact, a perfect example of a wellknown play that could never be developed without the technologies we have today. The investigation included an assessment of current methodologies utilized to study mudrocks, development of new methodologies, pore to basinscale characterization and integration of core data with wireline logs. Analysis of wellperformance with drilling azimuth across plays in north america reveals that onazimuth wells parallel to. Technically recoverable shale oil and shale gas resources. The duvernay basin covers an area of over 50,000 mile 2 in central alberta. Rystad energy has revised duvernay shales forecasted 2025 production upwards by 20% from 390 kboed to 470 kboed over the last couple of years. Rock characteristics of oil, condensate and dry gasproducing wells of the unconventional devonian duvernay formation, canada. This was followed by series of television music documentaries which included my mic sounds nice 2010 which aired on bet. Sep 26, 2017 using geological and inplace hydrocarbon data provided by the ags, the neb estimates the duvernay shale contains 3.
Significant hydrocarbon generation 20% tr began and terminated 95% tr at ro of 0. Shale gas and condensate is produced from the duvernay formation in central alberta using horizontal drilling and multistage hydraulic fracturing. Your browser doesnt seem to have a pdf viewer, please download the pdf to. An assessment of 7 shale formations in 41 countries outside the united states. Gordon jaremko worked as a reporter and editor for canadian daily. Pdf complex petroleum systems of sea of azov southern. Resource categories when considering the market implications of abundant shale resources, it is important to distinguish between a. The reservoir properties of the duvernay formation mudrock gas and oil shale gas reservoir in alberta were investigated. Sep 26, 2017 new assessment targets marketable oil and gas resources in albertas duvernay shale region. James navratil, kaybob duvernay manager, chevron canada resources roy stadlwieser, alberta development manager, shell canada john gorman, president, halliburton canada. If duvernay shale is such a steal, where are the deals.
Munson was responsible for 95 % of the research and 95 % of the writing. Information on the duvernay shale natural gas intel. Seismic reservoir characterization of duvernay shale with. Stocks that will profit from the duvernay shale seeking. A need to understand and model the processes that sour duvernay wells is crucial as souring impacts the economics, health and safety of operations. Duvernay field holds canadas biggest shale oil resources. Determine the areal extent of the shale formations within the basin and estimate its overall thickness, in addition to other parameters. Despite the low commodity price environment, activity in the condensate rich area has not slowed down due to the operators capability in drilling and completing these wells cheaper and faster.
The estimated output of albertas duvernay shale puts it in league with the eagle ford shale in texas. The national energy board neb, together with the alberta geological survey ags, today released a new resource assessment for the duvernay shale in central alberta that adds significant quantities of marketable light oil resources in the province as well as. New assessment targets marketable oil and gas resources in albertas duvernay shale region. At this early stage, there are only a few horizontal wells with frac stimulation and production tests. As with other basins, the previous work was focused on understanding. The duvernay formation is a key focus area for chevron canada, where chevron currently operates the kaybob duvernay program, as part of a jv with kufpec canada 70% chevron, 30% kufpec, a 330,000 net acre position. Pdf a model for porosity evolution in shale reservoirs. Shale oil and gas resources in organic pores of the. The national energy board neb, together with the alberta geological survey ags, today released a new resource assessment for the duvernay shale in central alberta that adds significant quantities of marketable light oil resources in the province as well. Determine the prospective area deemed likely to be suitable for development based on depth, rock quality. Organic shale wettability and its relationship to other.
The duvernay exists over multiple thermal maturity. Abstract noncontiguous acreage positions commonly lead to drilling azimuths parallel to section boundaries. Duvernay multiwell shale gas pads pioneer engineering inc. This formation has been characterized as a source rock for many of the large devonian oil and gas pools in alberta. New assessment targets marketable oil and gas resources in. Since repaid depositing during the maximum transgressive period of the woodbend, the duvernay shale represents an enormous succession of oxygenstarved. The 72 largest events reached a magnitude of m w 3. Oct 18, 2017 the duvernay liquid rich shale what makes it different and how do we optimize it. The duvernay shales have been credited as the source rock for many of the large devonian oil and gas pools in alberta. Our purpose is to determine shale gas resources in all prospective gas shales in alberta. Duvernay, montney growth requires natural gas pipeline. The duvernay compares favorably to other north american shale plays because of its good porosity, overall thickness, organic content and, because it is overpressured all. Duvernay shale gas unconventional play report wood mackenzie. Chevron launching extended duvernay drilling campaign 2017.
Thin sweet spots identification in the duvernay formation of. As the duvernay play appraisal progressed since 2010, more wells are testing or producing sour hydrocarbons 0. Land sales surge in alberta as producers rush into new. Wells in the montney and duvernay formations in northern alberta and. Pdf the influence of thermal maturity on porosity in shale samples from the upper devonian. Energy information administration technically recoverable shale oil and shale gas resources 6 2. Scope of the project included installation of inlet separation, condensate conditioner, compression. The devonian duvernay formation is an organicrich mudrock that is a prolific selfsourcing light oil to condensaterich gas reservoir in the kaybob region of central alberta. Canadas largest shale play is gaining momentum join our community the national energy board of canada released a resource assessment today, examining the duvernay shale of alberta. The duvernay formation, part of the upper devonian woodbend group in the west canada sedimentary basin wcsb, has been recognized as an important source rock, which generated and expelled large amount hydrocarbon to the conventional fields, such as the prolific leduc oil and swan hills gas reservoirs in the overlain devonian carbonate reefs and platform carbonates stoakes.
Oct 25, 20 chevron canada limited successfully concluded the initial twelve well exploration drilling program in the liquidsrich portion of the duvernay shale play. Stocks that will profit from the duvernay shale seeking alpha. The duvernay shale in alberta, canada, has been the source rock for many of the larger devonian oil and gas fields in alberta mossop and shetsen, 1994, including the oil and gasproducing leduc and nisku formations. Description, the reservoir properties of the duvernay formation. The duvernay shale reached oil window and gas window about 7080 ma and 50 ma ago, respectively. Chevron planning significant drilling program in duvernay.
The duvernay formation of the woodbend group is known to be the key source rock for the leduc and swan hills oil and gas fields in alberta. Development of the condensate rich duvernay shale gas field in alberta, canada project description. Shale gas and condensate is produced from the duvernay. Estimated potential of 7 to 18 mmbbls of original oil in place per section bmo capital markets pada society presentation march 12, 2018. At 2017 light sweet crude oil prices, natural gas prices, and well costs, the duvernay shales economic oil resource is 156 million cubic metres m3 or. A director, producer, writer, marketer and film distributor, ava duvernay made her feature film debut with the documentary this in the. The studies show the duvernay is a worldclass resource with significant oil, gas and liquids resources. A simple, but elegant microseismic trial by athabasca oil corporation has two wells on the same pad, thus. Albertas duvernay shale has moved from exploration into the early stages of commercial development. The duvernay shale formation is a stratigraphical unit of frasnian age in the western canadian sedimentary basin fig. Nov 20, 2018 the devonian duvernay formation is an emerging liquidsrich shale play located in alberta, canada. The play consists of approximately 99,200 acres prospective for duvernay light oil development. Alberta shale offers hope for future beyond oil sands.
The duvernay shale was deposited uniquely as the basin time equivalent of leduc reef growth during the frasnian age stoakes and creaney, 1984, allan and creaney, 1991, chow et al. The agreement creates a partnership for appraisal and development of liquidsrich shale resources in approximately 330,000 net acres in the kaybob area of the duvernay. The major players developing the east shale basin oil window are vesta energy and artis exploration. The duvernay is located in westcentral alberta, and is believed to be among the most promising shale opportunities in north america. Duvernay shale companies, news, maps, geology, players, play. The company placed its first duvernay pad, consisting of 7 wells, online in october 2015. Using geological and inplace hydrocarbon data provided by the ags, the neb estimates the duvernay shale contains 3. Thin sweet spots identification in the duvernay formation. Jun, 2012 the size of the prize in the giant duvernay shale is bigcanadian brokerage firm cibc wood gundy said in a june 14 report the oilpatch could recover 25 billion barrels of liquids and 150 trillion cubic feet of gas.
Shale oil and gas resources in organic pores of the devonian. Presently, this is an emerging oilrich shale play in canada. May 04, 2011 the duvernay is the hot new play in western canada. Overview of canadian shale gas production rivard ijcg 2014. The size of the prize in the giant duvernay shale is bigcanadian brokerage firm cibc wood gundy said in a june 14 report the oilpatch could recover 25 billion barrels of liquids and 150 trillion cubic feet of gas. The most famous is the leduc field discovered in 1947. An integrated model is presented to explain how these parameters coincide to create one of the most exciting liquid rich shale fairways in north america. Calcarenite and coral rich mudstone are also present hydrocarbon production. Duvernay shale reserve evaluator perspective author. Land sales surge in alberta as producers rush into new shale. Sep 26, 2017 the duvernay field in canadas western province of alberta holds the countrys largest marketable resources of unconventional light shale oil and condensate, according to a new report from the. The duvernay formation is composed of laminated bituminous shale, calcareous shale and dense argillaceous limestone.
Duvernay shale drilling activity q12018 to q42019 created with highstock 1. The duvernay formation is one of the most prospective liquidsrich. The duvernay shale in alberta, canada, has been the. Despite the low commodity price environment, activity in the condensate rich area has not slowed down due to the. Alberta is known for the oil sands, but the duvernay shale formation is threatening to take the spotlight. Pdf rock characteristics of oil, condensate and dry gas. A need to understand and model the processes that sour duvernay wells is crucial as souring impacts the economics, health and safety of. The initial development in the east kaybob section of the formation will encompass about 55,000 acres 22,000. In june raging river announced its land position in the duvernay shale in central alberta. Chevron canada limited successfully concluded the initial twelve well exploration drilling program in the liquidsrich portion of the duvernay shale play. Reservoir characterization of the duvernay formation. Who are the junior and intermediate stocks that have the most exposure to the giant duvernay shale.
Tsxtet, along with partners celtic exploration ltd. The duvernay field in canadas western province of alberta holds the countrys largest marketable resources of unconventional light shale oil and. The duvernay shale is an emerging oil and liquidsrich gas formation in the western canada sedimentary basin that is thought to hold 443 tcf of natural gas, 11. Duvernay shale its make or break for this huge shale play. The duvernay formation represents the source rock for prolific reservoirs such as the leduc reefs. Duvernay shale economic resources energy briefing note pdf.
Its a timeworn cliche, but in the case of albertas duvernay shale, it may be the best example yet. A simple, but elegant microseismic trial by athabasca oil corporation has two wells on the same pad, thus minimizing geological variability. The duvernay liquid rich shale what makes it different and how do we optimize it. While putting the finishing touches on the east shale basin duvernay hydrodynamics evaluation, it has become apparent that the esb could do with a little bit of subdividing. Companies are starting to fine tune development plans for the duvernay, committing hundreds of millions of dollars to tap an emerging resource play touted as.
The importance of preexisting fracture networks for fault. Mineralogy of duvernay, muskwa, and montney formations. A upper devonian stratigraphic column of duvernay formation and associated. Sep 26, 2017 alberta shale offers hope for future beyond oil sands. Devonian duvernay formation in alberta western canada. The devonian duvernay formation is an emerging liquidsrich shale play located in alberta, canada.
The duvernay shale basin is a light oil resource play in the initial phase of development. The duvernay represents the deep basinal toe sets of the prograding shaley ireton formation. The duvernay began attracting industry attention as. A proposed enhancement for duvernay east shale basin. The duvernay is the hot new play in western canada. Reservoir characterization of the duvernay formation, alberta. It is often compared with the prolific cretaceous eagle ford formation of texas because both shale plays offer. The prospective area for the duvernay shale is 23,250 mile 2 and is divided.
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