HAIRY HILL HASN’T WANDERED
FAR FROM EDMONTON
PETRO-CANADA STROKES AN
INTERNATIONAL DOUBLE
In the January edition of Bits & Trips, we inadvertently
placed the location of the Growing Power Hairy Hill biorefinery in Two Hills County, northeast of Calgary. In fact,
Two Hills County—and the Hairy Hill biorefinery—is located
northeast of Edmonton.
PETROMIN SETS SIGHTS ON
CHINESE ENHANCED CBM
Petromin Resources Ltd. has
executed an agreement with
China United Coalbed Methane
Corp. (CUCBM) that is expected
to lead to the development
of that country’s first-ever
enhanced coalbed methane
project utilizing multi-well injection of carbon dioxide.
The agreement, between
Petromin, Enviro-Energy International Holdings Limited, and
CUCBM, builds on a single-well pilot test in Qinshui, Shanxi
Province that demonstrated
the economic potential of CO2
sequestration for ECBM in China.
The pilot was jointly funded by
the Chinese and Canadian governments in collaboration with
the Alberta Research Council.
CUCBM will be the operator
of the project, while Petromin/
Enviro Energy International and
the ARC will conduct the site
selection, multi-well testing
design, simulation work, and
analysis, including all the engineering and geological analysis
in the first phase of the project.
Petro-Canada says it has successfully drilled two international exploratory wells—one in the chilly waters of the
United Kingdom North Sea and the other in the balmy deep
waters off Trinidad and Tobago.
The Trinidad well ( 90 per cent working interest) was
drilled on Block 22 to test a large seismic anomaly covering
some 68 square kilometers, and has been completed as a
significant natural gas
discovery. Drill stem
test results— 23 million cubic feet per day
on restricted equipment—and local field
recovery factors suggest the find could
hold between 600 billion cubic feet and 1.3
trillion cubic feet of contingent resources, although further
appraisal activity is needed to finalize reserve estimates.
In the North Sea, Petro-Canada’s 13/21b- 7 well ( 50 per
cent working interest) encountered two oil columns providing 80 metres of pay, and early drill stem tests suggest
the reservoir has the capacity to yield commercial flow
rates. As in Trinidad, however, further appraisal work is
needed before potential reserves can be assessed.
PSAC WANTS
ALL INDUSTRY
PARTS WORKING
TOGETHER
TRIANGLE ASSESSING
NOVA SCOTIA SHALE GAS
The Petroleum Services
Association of Canada is concerned that a Leger Marketing
poll last year revealing 88 per
cent of all Albertans supported higher
royalties suggests the industry might
have an image problem.
But of even greater concern to
PSAC is the realization that at least
a portion of that 88 per cent—in
a province as dependent on the
energy sector as Alberta—must
have included some people directly
employed by the oil and gas industry.
That suggests a possible disconnect between service companies
and producers, PSAC says, and
when times get tough, that disconnect might deteriorate into an adver-sarial relationship, which doesn’t help
either side weather the storm.
Fayetteville Shale
Gas Project
Triangle Petroleum Corporation says log analysis of
two wells it drilled recently in the Windsor basin of
Nova Scotia suggest a shale gas resource in place
(in the Horton Bluff formation) of between 89 and
109 billion cubic feet per section.
The wells—Kennetcook #1 and
Kennetcook #2—were drilled specif-
ically to provide the technical informa-
tion necessary to fully assess the Upper
Devonian to Lower Mississippian
shale potential within the
Horton Bluff formation.
Both wells were selec-
tively completed and
New Bruns wick Shale Gas Project fracture-stimulated
in organic-rich shale
zones, and original gas in
place resources for the com-
pleted zones have been estimated
at 42 billion cubic feet per section
in Kennetcook #1 and 76 billion cubic
feet per section in Kennetcook #2.
With the well results in hand, Triangle
intends to search out joint-venture part-
ners to manage its exploration risks and
accelerate its 2008 drilling program.
Nov Scotia Shale
Gas Project
