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Play &
Prospect
evaluation
Assessed exercise 2021
Farm-out opportunity
North
50 km
Seismic section from farm-out brochure
Igneous intrusions in
source rock interval
(Upper Cretaceous)
Goldberg lead – analogue to Guga Field
BR1 block outline
• You have been offered a farm-in opportunity
from a small independent company, Druid, who
have acquired a small (~150 km2) exploration
license
• The company have done very little technical
work, beyond identifying a single lead
(Goldberg), which they suggest is analogous to
the Guga-1 Field, 80 km to the northeast as well
as the Sgarbh and Mèirleach fields to the east.
• They have identified two reservoir intervals, The
Cirith and Ungol Formations. They have stated
volumes of 1 Tcf for the two reservoir intervals,
and a POS of 50%.
• You also have some regional GDE maps and
basin modelling outcomes from your regional
evaluation team, dry-hole analysis from regional
wells in the play, and some basic information on
reservoir parameters.
Farm-out opportunity
North
50 km
Seismic section from farm-out brochure
Igneous intrusions in
source rock interval
(Upper Cretaceous)
Goldberg lead – analogue to Guga Field
BR1 block outline
• Your task consists of two main parts:
1. Integrate the regional data into a set of CRS
and CCRS maps for the play
2. Interpret the seismic, specifically mapping the
top Cirith Formation and Top Ungol Formation
around the block to evaluate the traps; depth
convert the surfaces; calculate lead volumes
for the Goldberg lead; assess the lead-specific
risks from the seismic data
Write a short report of maximum 500 words for
each of these sections (1000 words total) as well
as figures, making sure to justify your
interpretation (1000 words total).
Considerations:
• Are the volumes and risks quoted by Druid
appropriate?
• Are there any other leads in the block that could
add to the value of the block?
North
R
C
T
S
Field distribution and dry hole analysis – Ungol Play
Oil field
Gas field
Dry hole
Guga-1
Sùlaire-1
Iolaire-1
Mèirleach-1
Faoileag-1
Sgarbh-1
Guga-1
2000
2100
2200
2300
2400
2500
2600
Cirith Formation
Ungol Formation
Depth,
metres
(MD)
2.5 km
North
Guga-1 Field:
Top reservoir map Cirith Formation
Contour interval = 10 m
Guga-1
GWC
@ 2400 m
Fluid gradients
Water oil gas
2000
0 4000 6000 8000 10000
0
500
3500
1000
1500
2000
2500
3000
Pressure (psi)
Depth
(m
TVD)
Leak-off test (LOT)
Pressure (water)
Pressure (oil)
Pressure (gas)
Guga-1: Pore pressure – fracture gradient plot
Reservoir intervals
Key
Analogue field parameters
Guga-1
Guga-1
Cirith Formation:
Gross: 18 m
Net sands: 4.6 m
Porosity: 15 %
Gas saturation: 67%
Ungol Formation:
Gross: 43 m
Net sands: 38 m
Porosity: 22 %
Gas saturation: 83%
2000
2100
2200
2300
2400
2500
2600
Cirith Formation
Ungol Formation
Depth,
metres
(MD) Sùlaire-1
Cirith Formation:
absent
Ungol Formation:
Gross: 55 m
Net sands: 39 m
Porosity: 25 %
Gas saturation: NA
Iolaire-1
Cirith Formation:
absent
Ungol Formation:
Gross: 30 m
Net sands: 5 m
Porosity: 12 %
Gas saturation: NA
Faoileag-1
Cirith Formation:
absent
Ungol Formation:
absent
Sgarbh -1
Each Dubh Formation*:
Gross: 220 m
Net sands: 118 m
Porosity: 29 %
Gas saturation: 85%
* Lateral equivalent of
Ungol Formation
Offset well parameters
Mèirleach -1
Each Dubh Formation*:
Gross: 240 m
Net sands: 118 m
Porosity: 29 %
Oil saturation: 72 %
* Lateral equivalent of
Ungol Formation
Seismic response – line 7236
Cirith Formation – soft top (black), hard
base (red; may be easier to map base)
Ungol Formation – soft reflection
separating transparent facies above from
higher amplitude facies below
50 km
North
GDE Map Mid Eocene (lowstand)
50 km
GDE Map Mid Eocene (highstand)
North
50 km
North
Cretaceous source rock maturity (assuming present day geothermal gradient)
SR oil mature
SR immature
Unknown
(obscured by intrusions)
50 km
North
Extent of Palaeogene intrusions
50 km
North
Base map template

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COURSEWORK Play and Prospect Evaluation assessed exercise.pptx

  • 2. Farm-out opportunity North 50 km Seismic section from farm-out brochure Igneous intrusions in source rock interval (Upper Cretaceous) Goldberg lead – analogue to Guga Field BR1 block outline • You have been offered a farm-in opportunity from a small independent company, Druid, who have acquired a small (~150 km2) exploration license • The company have done very little technical work, beyond identifying a single lead (Goldberg), which they suggest is analogous to the Guga-1 Field, 80 km to the northeast as well as the Sgarbh and Mèirleach fields to the east. • They have identified two reservoir intervals, The Cirith and Ungol Formations. They have stated volumes of 1 Tcf for the two reservoir intervals, and a POS of 50%. • You also have some regional GDE maps and basin modelling outcomes from your regional evaluation team, dry-hole analysis from regional wells in the play, and some basic information on reservoir parameters.
  • 3. Farm-out opportunity North 50 km Seismic section from farm-out brochure Igneous intrusions in source rock interval (Upper Cretaceous) Goldberg lead – analogue to Guga Field BR1 block outline • Your task consists of two main parts: 1. Integrate the regional data into a set of CRS and CCRS maps for the play 2. Interpret the seismic, specifically mapping the top Cirith Formation and Top Ungol Formation around the block to evaluate the traps; depth convert the surfaces; calculate lead volumes for the Goldberg lead; assess the lead-specific risks from the seismic data Write a short report of maximum 500 words for each of these sections (1000 words total) as well as figures, making sure to justify your interpretation (1000 words total). Considerations: • Are the volumes and risks quoted by Druid appropriate? • Are there any other leads in the block that could add to the value of the block?
  • 4. North R C T S Field distribution and dry hole analysis – Ungol Play Oil field Gas field Dry hole Guga-1 Sùlaire-1 Iolaire-1 Mèirleach-1 Faoileag-1 Sgarbh-1
  • 5. Guga-1 2000 2100 2200 2300 2400 2500 2600 Cirith Formation Ungol Formation Depth, metres (MD) 2.5 km North Guga-1 Field: Top reservoir map Cirith Formation Contour interval = 10 m Guga-1 GWC @ 2400 m Fluid gradients Water oil gas 2000 0 4000 6000 8000 10000 0 500 3500 1000 1500 2000 2500 3000 Pressure (psi) Depth (m TVD) Leak-off test (LOT) Pressure (water) Pressure (oil) Pressure (gas) Guga-1: Pore pressure – fracture gradient plot Reservoir intervals Key Analogue field parameters
  • 6. Guga-1 Guga-1 Cirith Formation: Gross: 18 m Net sands: 4.6 m Porosity: 15 % Gas saturation: 67% Ungol Formation: Gross: 43 m Net sands: 38 m Porosity: 22 % Gas saturation: 83% 2000 2100 2200 2300 2400 2500 2600 Cirith Formation Ungol Formation Depth, metres (MD) Sùlaire-1 Cirith Formation: absent Ungol Formation: Gross: 55 m Net sands: 39 m Porosity: 25 % Gas saturation: NA Iolaire-1 Cirith Formation: absent Ungol Formation: Gross: 30 m Net sands: 5 m Porosity: 12 % Gas saturation: NA Faoileag-1 Cirith Formation: absent Ungol Formation: absent Sgarbh -1 Each Dubh Formation*: Gross: 220 m Net sands: 118 m Porosity: 29 % Gas saturation: 85% * Lateral equivalent of Ungol Formation Offset well parameters Mèirleach -1 Each Dubh Formation*: Gross: 240 m Net sands: 118 m Porosity: 29 % Oil saturation: 72 % * Lateral equivalent of Ungol Formation
  • 7. Seismic response – line 7236 Cirith Formation – soft top (black), hard base (red; may be easier to map base) Ungol Formation – soft reflection separating transparent facies above from higher amplitude facies below
  • 8. 50 km North GDE Map Mid Eocene (lowstand)
  • 9. 50 km GDE Map Mid Eocene (highstand) North
  • 10. 50 km North Cretaceous source rock maturity (assuming present day geothermal gradient) SR oil mature SR immature Unknown (obscured by intrusions)
  • 11. 50 km North Extent of Palaeogene intrusions