The Unconventional Oil & Gas Industry Natural Gas Exploration & Development in New Brunswick Sheri Somerville Natural Gas Advisor, CAPP Probus of Greater Moncton June 4, 2014
Presented By The Canadian Association of The New Brunswick Oil & Natural Petroleum Producers (CAPP) Gas Association (NBO&NGA) Represents large and small producers who Established in 2011 explore for, develop and produce natural…
Advancing the 3Es the 3Es Generating Economic Benefits Jobs and revenues across North America Providing Energy Security Safe, secure and reliable energy Large energy resource potential Providing Environmental Stewardship…
Global Primary Energy Demand million tonnes oil equivalent Energy Population growth 20,000 Other Renewables Demand Standard of living Bioenergy 18,000 Hydro Growth Nuclear 16,000 Natural Gas Oil 14,000 Coal Ongoing high…
How Will Demand Be Met Technological advances have unlocked vast unconventional gas resources. Resource assessments are ongoing (GSC, NEB and others) in many new areas, and new opportunities continue to emerge (Eastern Canadian…
North American Shale Gas Plays
Top 10 World Natural Gas Producers in 2012 Trillion Cubic Feet per Year 0 5 10 15 20 25 30 US Russian Federation Iran Qatar Canada, is the 5th largest producer Canada of natural gas in the world. (5.56 tcf/year) Norway…
The Atlantic Canada Opportunity
Economic Benefits of Oil and Gas Activity in Atlantic Canada Employs over 6,000 people (thousands more indirectly) Supports over 800 local supply/service companies Accounts for total provincial revenues of 24% (NL) and 1.8%…
NB Opportunity: Proven and Potential Resources Source: DNR NB
Natural Gas and Oil Industry in New Brunswick: First oil well drilled at Dover in 1859 300 oil and gas wells were drilled in NB by 2010 Since 1990, 40 oil wells drilled and 40 Natural Gas wells 29 natural gas and 18 oil wells…
Why Is This Important To NB Location, location, location Domestic energy supply Relationship to energy consumers Energy corridor Employment opportunities Education and employment diversity BENEFITS Long term & largely in…
NB Business Council/Future NB Deloitte: Economic Benefits
Supply Chain Opportunities Construction, manufacturing and Work boots, uniforms & uniform transportation cleaning Drilling, completion and Well pad cleaning production Alternate housing RVs, mini- Geological and geophysical…
Geology of Natural Gas Resources Conventional Resources Small volumes, easy to develop Unconventional Resources Large volumes, difficult to develop Source: U.S. Energy Information Administration
Stages of Exploration and Production for Unconventional Resources Nova Scotia New Brunswick Duvernay Horn River Marcellus
Technology Makes it Work Drilling technology improvements Longer horizontal laterals Multiple-stage hydraulic fractures per lateral Horizontal drilling and hydraulic fracturing result in gas wells with long stable production…
How does hydraulic fracturing stimulation work Approximately 4,000 cubic metres (4 million litres) of water used to fracture each stage of a well Water amounts may vary depending on type and location of reservoir. Total water used…
Fracture Fluid Use & Disclosure The water, sand, and additives used to convey pressure from the surface to the reservoir to create fractures to be created 1.5 % Additives Gelling Agents Cross Linkers 98.5% Water & Sand Clay…
Fracture Fluids TYPE Source Purpose Common Use Gelling Agent Guar Gum Increase viscosity, helps Food grade product (ice cream, support and carry condiments, canned soup, etc.) proppant better than Polyacrylamide straight water Found…
Multi-Well Pads Vertical Well Pad Horizontal Well Pad Source: ERCB 2011 Advantages of Multi-Well Pads: Reduction of land use for the pad, access roads & pipelines. Easier monitoring of site and enforcement of regulations.…
McCully Field, Sussex
Who Regulates Oil & Natural Gas Sector Federal & Provincial Departments Environment (Environment & Local Government) Energy (Energy & Mines) Natural Resources Transportation Fisheries and Oceans (Agriculture, Aquaculture &…
Regulatory Considerations: The New Rules We Support Strong Regulations Consistent and Stable Operating Environment Responsible Environmental Management of Oil &Natural Gas Activities Rules For Industry in NB Seismic testing…
Public Opinion Polling Natural Gas & Oil Sands For each of the following types of energy, please indicate if your overall feelings are very negative, negative, neutral, positive, or very positive.
Guiding Principles for Hydraulic Fracturing We will: Safeguard the quality and quantity of regional 1 surface and groundwater resources, through sound wellbore construction practices, sourcing fresh water alternatives where…
Being Part of the Discussion - Fact vs. Fiction oilgascanada www.facebook.com/OilGasCanada
The Way Forward: Sustainability & Growth Opportunities Market demand Competitive supply NA self-sufficiency Build on strong foundation Industry Competitiveness Market growth & diversification Skilled workforce availability…
Responsible Energy Development Canadians want to know that shale gas can and will be developed safely Strong regulation that has worked successfully in Canada can provide framework for emerging provinces Companies are committed…
For More information CAPP.ca Follow CAPP on Twitter: OilGasCanada Like CAPP on Facebook: facebook.com/OilGasCanada CSUR.com Morefactslessfriction.ca Canadiannaturalgas.ca
THANK YOU QUESTIONS Sheri Somerville Natural Gas Advisor, NB Sheri.somervillecapp.ca www.capp.ca
Loading...
