“Perspectives on Montana’s Petroleum Industry” MREA-MPA-MONTAX “Bridges to the Future” Conference October 15, 2009 Dave Ballard President Ballard Petroleum.

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Presentation transcript:

“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 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?

Regional Geology Drilling in Carbon County, Montana

Devonian Paleogeography, 360 MYA From: Blakely, Northern Arizona University website, “Paleogeography and Geologic History of North America”

Mississippian Paleogeography, 345 MYA From: Blakely, Northern Arizona University website, “Paleogeography and Geologic History of North America”

Cretaceous Paleogeography, 85 MYA From: Blakely, Northern Arizona University website, “Paleogeography and Geologic History of North America”

Basins and Uplifts Oil generated in deeper basins ….. Gas mostly shallow From: Terra Graphics, “Oil and Gas Production of the Rocky Mountain Region” A”A

W-E Generalized Cross-Section through Northern Montana showing Early Sedimentary Basins From: Peterson, Montana Geological Society, 1985 Guidebook, “Montana Oil & Gas Fields” A A”