Sinclair Group Energy Texas The Oil & Gas Conference August 2017 Bringing New Life to Mature, Depleted Oil Fields Terry Welch - Chief Executive Officer Bob Thomae - President
Who is Sinclair Group Energy Texas, LLC We are a newly formed team of seasoned energy folks with over 200 years of combined management experience, focused on creating value by leveraging world-class tertiary EOR expertise with state…
A Combination of Experts Working Together The Sinclair Group is a performance management consultancy based in Houston, Texas with a global presence. In its 20-year history, Sinclair Group has assisted clients at 400+ sites…
Team of Experts with Large Scale Energy Project Expertise Hank Sinclair Managing Partner, Chairman More than 50 years of experience in Oil & Gas, Process industries with Dow Chemical, Founder of Sinclair Group and as an…
Discipline of a Major Oil Company with The Agility of an Independent SGET follows established, integrated financial modeling and specialized reservoir engineering models and field comparison standards for target reservoir…
Fit-for-Purpose Approach Rock and fluid properties Mechanistic oil displacement model with operational controls Combustion parameters Full-field development plan including scheduling and distribution of compression capacity…
Precise Engineering and Design Guided By State of the Art Technologies Future Target Sands Sand 4 Completion Sand 4 Completion Sand 1 Sand 4 Completion Sand 2 and 2a Sand 3 and 4 Sand 6 Core Lab analytics studies…
Hands-on Executive Team at Core Lab Houston, Texas Aug 2017
Sinclair Group Energy Texas Asset Base
Timeline of Sinclair Group Energy Texas & The Path to 300 MMBO Sinclair Group Energy Texas Today: 35+ MMBO remaining barrels in place (ROIP) 2018 on schedule to secure 100 MMBO in ROIP 2019 target to secure 300 MMBO in ROIP 2019…
South Texas Gulf Coast is Rich with Oil History and Opportunity
More Than a 1,000 Mature Oil Reservoir Targets Many Ways to Win Oil & Gas Fields Of South Texas 135 Miles
Ancient Texas Gulf Coast Basin Beach Environments Provide consistent sandstone reservoir lithology Jackson-Yegua Group Shallow pay zones (1,000 ft to 8,000 ft) means low cost drilling Conventional completions NO FRACKING NEEDED…
The Best Place To Find Oil Is In The Middle of Old Depleted Oilfields SGETs preferred target profiles are mature oil field sweet spots, with ZERO exploration risk. Strategic targets in three distinct fairways across ten contiguous…
Tertiary EOR Proven in the 1970s, Perfected with Current Technology UT-Bureau of Economic Geology ---- Report on Future EOR Reservoir Targets for CO2 Sequestration Gulf Coast Carbon Center
Why Tertiary EOR can work in Low Oil Price Environment of Today Unconventional Tertiary Tertiary (Delaware Basin) Co2 Injection Light Oil Air Injection (Gulf Coast South Texas) (Gulf Coast South Texas) Well Costs 6 to 10 Million…
Light Oil Air Injection EOR Process BEGINNING IN THE MID 1920S, CLOSE TO 1 BILLION BARRELS OF SWEET, HEAVY, MEDIUM & LIGHT API CRUDE OIL HAS BEEN ECONOMICALLY PRODUCED FROM JACKSON-YEQUA SANDSTONE RESERVOIRS IN SOUTH TEXAS,…
Light Oil Air Injection Project Area 2 More Than 35 MMBOE of Remaining Oil in Place Field straddles regional transmission pipelines Full paved highway access 3 phase electric grid in…
Low Risk Development Value Proposition Next 12 Months Target Investment: 55 Million 4 Million 7.3% 3 Million 5.4% Development of 35 MMBOE 4 Million of remaining oil in place 7.3% 90 Vertical Wells 44 Million (80%) Low Cost…
KEY TAKEAWAYS why SGET should be in Your Portfolio Mix Strong Management with over 200 years of Energy Experience Focused, Clear Path to 300 MMBO in ROIP by 2019 LOAI EOR is a Versatile, Disruptive Technology Great Adaptability to…
Terry Welch Bob Thomae Chief Executive Officer President twelchsinclairgroup.com bthomaesinclairgroup.com 281.468.7619 210.573.5506
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