As the duvernay play appraisal progressed since 2010, more wells are testing or producing sour hydrocarbons 0. Nov 20, 2018 the devonian duvernay formation is an emerging liquidsrich shale play located in alberta, canada. Reserves and resources overview moving from prospective resources to reserves information used in shale gasoil evaluations the evaluation cycle duvernay shale overview. Reservoir characterization of the duvernay formation. The duvernay represents the deep basinal toe sets of the prograding shaley ireton formation. 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. Chevron moves forward with kaybob duvernay shale development program in alberta, canada. 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. Chevron canada limited successfully concluded the initial twelve well exploration drilling program in the liquidsrich portion of the duvernay shale play. Chevron launching extended duvernay drilling campaign 2017. The duvernay field in canadas western province of alberta holds the countrys largest marketable resources of unconventional light shale oil and.
Alberta is known for the oil sands, but the duvernay shale formation is threatening to take the spotlight. 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. Mineralogy of duvernay, muskwa, and montney formations. The estimated output of albertas duvernay shale puts it in league with the eagle ford shale in texas. New assessment targets marketable oil and gas resources in. The duvernay formation is one of the most prospective liquidsrich shale plays in north america.
Duvernay shale gas unconventional play report wood mackenzie. A upper devonian stratigraphic column of duvernay formation and associated. Shell is stepping up investment in the permian basin of texas and new mexico and the duvernay shale in alberta, and expects to double total. May 04, 2011 on a conference call to discuss its disappointing first quarter results, company officials raved that the duvernay has the potential to be a top quartile shale play in north america. Jan 07, 2018 shell looks to shale production for rapid growth. The duvernay formation represents the source rock for prolific reservoirs such as the leduc reefs. An assessment of 7 shale formations in 41 countries outside the united states.
Oct 25, 20 chevron canada limited successfully concluded the initial twelve well exploration drilling program in the liquidsrich portion of the duvernay shale play. The duvernay formation is dark organicrich calciticsiliceous marine shale interbedded with argillaceous limestone with an average thickness of 50 m in the kaybob area. Whats more theres a new technology thats actually empowering. Who are the junior and intermediate stocks that have the most exposure to the giant duvernay shale. 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. Visit the property listings page for more advanced search and filtering.
Chevron establishes recoverable resource in the duvernay. Stocks that will profit from the duvernay shale seeking alpha. Alberta energy regulator, aerags open file report 201702, 44 p. Sep 26, 2017 new assessment targets marketable oil and gas resources in albertas duvernay shale region. 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 natural gas and natural gas liquids ngls. Resource categories when considering the market implications of abundant shale resources, it is important to distinguish between a. Chevron launching extended duvernay drilling campaign. Duvernay holds huge natgas, oil and liquids reserves, says. Pdf inversion and interpretation of seismicderived rock. Five wells have been completed and are tied into production facilities, and an additional four wells are waiting on completion and tiein. Chevron moves forward with kaybob duvernay shale development.
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. The duvernay exists over multiple thermal maturity. A need to understand and model the processes that sour duvernay wells is crucial as souring impacts the economics, health and safety of operations. Sep 26, 2017 alberta shale offers hope for future beyond oil sands. It was first described in well anglo canadian beaverhill lake no. 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 duvernay rates as canadas secondrichest shale deposit after the montney, which straddles northern british columbia and alberta with estimated marketable resources of 449 tcf of gas, 14. Chevron planning significant drilling program in duvernay shale formation. Mineralogy of duvernay, muskwa, and montney formations for. Duvernay shale overview similar to the cardium, the devonian duvernay formation is part of the western canadian sedimentary basin group. Chevron planning significant drilling program in duvernay. Deep learningbased method for sem image segmentation in.
Seismic reservoir characterization of duvernay shale with quantitative interpretation and induced seismicity considerations a case study satinder chopra 1, ritesh kumar sharma, amit kumar ray2, hossein nemati1, ray morin3. The devonian duvernay formation is an emerging liquidsrich shale play located in alberta, canada. Abstract the duvernay formation is a major zone of interest for unconventional oil and gas development and is commonly believed to be the source rock for. The duvernay shale, an emerging oil and liquidrich gas formation with 417 mmboe initial reserves aer, dec 2016, is the source rock for historical conventional hydrocarbon in the western canada sedimentary basin. Pdf the influence of thermal maturity on porosity in shale samples from the upper devonian. Similar to the cardium, the duvernay formation is part of the western canadian sedimentary basin group. The elastic property has significant controls on hydraulic fracture effectiveness and. 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 basin covers an area of over 50,000 mile 2. The duvernay shale gas play oil and gas investments. As mentioned above, the shale revolution is monumentally altering todays energy landscape. Sweet spots in albertas duvernay shale natural gas formation harbor 9. Chevron canada looks forward to realizing the value of this resource from our industryleading position while delivering economic benefits to local communities, alberta and canada. 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. Information on the duvernay shale natural gas intelligence. The initial development in the east kaybob section of the formation will encompass about 55,000 acres 22,000. Visit the well activity map page for more advanced search and filtering. Thin sweet spots identification in the duvernay formation. The formation was named by andrichuk and wonfor in 1954 for duvernay, alberta. Presently, this is an emerging oilrich shale play in canada. Hydrocarbon resource potential of the duvernay formation. Located in the western canadian sedimentary basin, the formation roughly covers 20% of alberta.
This formation has been characterized as a source rock for many of the large devonian oil and gas pools in alberta. Development of the condensate rich duvernay shale gas field in alberta, canada. Seismic reservoir characterization of duvernay shale with. All core samples are rich in om and from source rock interval from the upper devonian duvernay. New assessment targets marketable oil and gas resources in albertas duvernay shale region. Hydrocarbon resource potential of the duvernay formation in alberta update. Development of the condensate rich duvernay shale gas field in alberta, canada project description. Thin sweet spots identification in the duvernay formation of. Introduction the duvernay is one of north americas most attractive liquidsrich plays, often drawing comparisons to the eagle ford. 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. Duvernay is characterized by an average porosity of 6.
The duvernay shale is a wellknown petroleum source rock in the devonian conventional petroleum system of the west canada sedimentary basin wcsb in southcentral alberta creaney et al. Duvernay multiwell shale gas pads pioneer engineering inc. Oct 18, 2017 the duvernay liquid rich shale what makes it different and how do we optimize it. Seismic reservoir characterization of duvernay shale with quantitative interpretation and induced seismicity considerations a case study satinder chopra 1, ritesh kumar sharma, amit kumar ray2, hossein nemati1, ray morin3, brian schulte 3, and david damico abstract. It has everything you need to view, edit, annotate and protect pdf files. On a conference call to discuss its disappointing first quarter results, company officials raved that the duvernay has the potential to be a top quartile shale play in north america. The duvernay shale is an emerging oil and liquidsrich gas formation in the western canada sedimentary basin that is thought to hold. 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. 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. Scope of the project included installation of inlet. Pdf a model for porosity evolution in shale reservoirs.
Duvernay shale companies, news, maps, geology, players, play. Stocks that will profit from the duvernay shale seeking. James navratil, kaybob duvernay manager, chevron canada resources roy stadlwieser, alberta development manager, shell canada john gorman, president, halliburton canada. Alberta shale offers hope for future beyond oil sands. Targeted for its shale gas condensate, the duvernay is a popular target amongst canadian exploration and production companies. The duvernay basin covers an area of over 50,000 mile 2 in central alberta. 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. Our purpose is to determine shale gas resources in all prospective gas shales in alberta. Natural gas is a growing segment of chevrons global energy portfolio and developing natural gas from shale is an important growth area for chevron canada. Shell looks to shale production for rapid growth financial. Engineering, procurement, project and construction management of several multi pads in the alberta duvernay field 68 wellspads. The duvernay shale formation is a stratigraphical unit of frasnian age in the western canadian sedimentary basin fig. Duvernay shale its make or break for this huge shale play.