|
|
Shallow
Natural Gas Prospects
Even though its a
long way from a prospect to production, we have to start someplace. A lot
of the literature on prospect risks is devoted to the geologic unknowns.
But, even more significant risks are found in the emotion and psychology
of putting together leases, marketing the prospect, coordinating the subcontractors,
and getting gas into the pipeline. These risks are difficult to quantify
and control. And, they make the geologic risks seem relatively manageable.
Three
things tend to reduce the geologic risk in GeoShurr shallow gas prospects:
Data sets are used that are not routinely employed in gas exploration.
This includes water well records, satellite images, and surface mapping,
along with more traditional data such as wireline logs, seismic data, and
aeromagnetic maps.
Exploration models are explicit for shallow gas systems and
are clearly articulated. Prospects are based more on geologic science than
on blind step-out drilling. We have put some geology behind those lease
decisions.
Unique professional experience with Cretaceous rocks and lineament
block tectonics in the Northern Great Plains. In particular, work has focused
on the Williston Basin.
The trailer-mounted drilling rig shown on this illustration is an early
Montana-Dakota location in the Hinsdale Unit on Bowdoin Dome.
The prospects described on this website are all located on the margins of
the Williston Basin:
1. Southwestern Margin--There is a lot of current activity here and the
prospects are relatively close to production and pipelines.
2. Southeastern Margin--Historic production and some exploration make prospects
here somewhat less risky. But, these prospects are wildcats.
3. Northeastern Margin--Paleozoic oil production is well established, but
shallow gas potentials are relatively unassessed.
Prospects included on this website will change periodically. Please contact
GeoShurr if you want to be put on the mailing list and/or for e-mail notification.
|