“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?

Field Examples and the Technology of Discovery and Production Surface Geologic Mapping Subsurface Geologic Mapping Seismic Mapping Shallow “Tight” Gas Frac Stimulation Horizontal Drilling and Frac Stimulation Waterflood Enhanced Oil Recovery CO 2 Flood Enhanced Oil Recovery Sensitive Environment Operations

Shallow “Tight” Gas Examples Using Frac Stimulation Bowdoin Dome Cedar Creek Anticline (Baker)

Drilling for Natural Gas North Central Montana Location

Gas Well Near Baker, Montana Cedar Creek Anticline

Improved Frac Technology Enables More Completion Intervals Per Well

Baker Field Increased Density Well Pattern From: D. Zander, May 7-9, 2006, 14 th Williston Basin Petroleum Conference

Fidelity Operated Shallow Gas Production Cedar Creek Anticline and Bowdoin Dome, Montana