Proving Up the Uticas Liquids Window November 2012
History of Gulfports Utica Play Table of Contents: I. Overview of Gulfports Current Position II. Targeting the Acreage III. Plan for Pipeline Infrastructure (MarkWest) IV. Conducting Science Before Drilling V. Drilling for…
Overview of Utica Shale Utica Shale Activity Map Chesapeake Mangun 8H Enervest 3.1 Mmcfpd + 1,015 Bblpd liquids Six 400 Bbl tanks on location Asset Overview (1) Frank 2H Chesapeake 24-Hour Test Rate of 1.2 MMcfd + Chesapeake…
Utica Shale Summary of Wells Tested Production Mix Length of Peak IP Completion Frac Shrink Well Name County Lateral Test Oil Gas NGLs Date Stages Factor (1) (feet) (Boe/d) (1) Wagner 1-28H Harrison 5/28/12 8,143 28 4,650 9% 50%…
Targeting the Acreage When entering the Utica, Gulfports science team researched public data sources to find available information regarding the geology and petrophysical characteristics of the play. Utilizing the teams initial…
Targeted the Liquids Windows Our Main target is the Wet Gas phase of the hydrocarbon In this age rock, the types of system. Multiple reasons maturity indicators include the include: valuable liquids regression analysis of the…
Prepared Point Pleasant TOC (Total Organic Carbon) Map 1 2 1 Erie 1 Lake Ashtabula 1 2 Warren 2 2 Crawford TOC is measure of the organic Ottawa 2 carbon in a rock, expressed as Cuyahoga 2 Forest weight percent,…
Focused on Overlapping Sweet Spot to Acquire Acreage Erie Lake Ashtabula Warren Crawford Ottawa Cuyahoga Forest Geauga Erie Lorain Venango Trumbull Mercer Clarion Portage Jefferson Huron Summit Medina…
Planned Early for Pipeline Infrastructure / Takeaway 1. Gulfport dedicated acreage to MarkWest Energy Partners (MarkWest) 2. MarkWest is developing gathering and compression assets in Harrison, Belmont, and eastern Guernsey counties…
MarkWest Midstream Facilities Harrison Processing and Fractionation Complex Under Construction Total Sarsen & Harrison Interim (4Q2012) 60 MMcf/day Harrison Bluestone Harrison I (1Q2013) 125 MMcf/day de-ethanization Proposed…
Post Leasing / Pre Drilling Science In August 2011, Gulfport employed Von Gonten and Associates to conduct additional science prior to the start of drilling. Von Gontens research findings suggested: 1. Similarity Between the Utica…
Similarity Between the Utica Shale and Eagle Ford The Point Pleasant member of the Utica is similar to the The Point Pleasant member of the Utica delivers Eagle Ford excellent economics 50% calcite and 20% clay content (which is…
Frac Simulations Suggest 225 Ft. Stages Based on a well with a 4,300 foot lateral and core data 19 Stages EUR 5 10 15 20 25 25+ Number of Frac Stages 4,300 Foot 225 Foot Optimum Stage Length 19 Stages 15 Note:…
Drilling for Data When drilling began in the Utica, Gulfport: 1. Cored and Logged Entire Target Interval 2. Studied Ingrain Digital Core Analysis 3. Subdivided the Rock Type Intervals 4. Engaged NuTech to Run Multiple Frac…
Cored and Logged Entire Target Interval 17
Studied Ingrain Digital Core Analysis : Overpressure and Organic Material Analysis of Ion-milled Scanned Electron Microscopy (SEM) images of the Point Pleasant formation indicate: Horizontal organic extrusion fractures may be…
Studied Ingrain Digital Core Analysis : Eagle Ford Analog Utica Shale Eagle Ford Analog Utica Shale Point Pleasant Interval Eagle Ford Porosity Associated with Organic Material Organic Material Lower Eagle Ford, wet gas…
Subdivided the Rock Type Intervals NuTech Rock Analysis 20 Note: Sourced from NuTech Study
Engaged NuTech to Run Multiple Frac Simulations Scenario Variables Include: 1. Type of Sand a) High Strength Proppant b) Size of Sand c) Maximum Sand Concentration 2. Stage Length 3. Cluster Spacing 4. Average Pump Rate…
Sample Results of NuTech Simulations 22
Planned Optimized Drilling Target Line 23
Completing Wells and Refining Techniques To refine and plan completion techniques on the wells, Gulfport: 1. Ran DFIT Tests 2. Designed a Seismic Survey With MicroSeismic 3. Planned and Executed the Frac Job 4. Compared Frac…
Ran DFIT (Diagnostic Fracture Injection Test) 25
Designed a Seismic Survey With MicroSeismic MicroSeismic Surface Array 26 Note: Sourced from MicroSeismic Study
Planned and Executed the Frac Job Job Clean Vol (gal) 27
Results on One Stage of MicroSeismic Survey Map View Depth View Looking Northeast Utica Point Pleasant Trenton 28
Compared Frac Results To Fine Tune the Well 29
Production log sample 30
Planned Future Tests of Spacing Between Wells Original Thesis Future Possibilities 500 1,000 1,000 1,000 1,000 500 500 500 500 500 500 500 500 500 500 500 1 Mile 1 Mile The ODNR Technical Advisory Committee has approved 225…
Still Learning Gulfport is still collecting data and conducting science to learn more about: 1. Bottom Hole Pressure Data 2. Surface Shut in Pressures 3. PVT (Pressure Volume Temperature) Data 4. Best Spacing Between Horizontal…
Conclusion Through Gulfports science staffs exemplary technical capabilities, we were able to: 1. Conduct Geological and Petrophysical Research 2. Choose Acreage Buying Area 3. Plan for Product Takeaway and Optimal Drilling…
Gulfport Energy Headquarters Paul Heerwagen 14313 North May Avenue, Suite 100 Director Investor Relations Oklahoma City, OK 73134 (405) 242-4888 www.gulfportenergy.com pheerwagengulfportenergy.com
Loading...
