Integrated
Synthesis of Permian Basin Depositional Systems:
Data and Models for Recovering Existing and Undiscovered Oil Resources
from the Largest Hydrocarbon-bearing Basin in the U. S.
Thursday,
January 15, 2004
Center for Energy
and Economic Diversification, Midland, Texas
Sponsored by the PTTC Texas Region and PTTC Central Region
Summary
The Bureau Economic
Geology is planning a new initiative to create an integrated depositional
and stratigraphic synthesis of the Permian Basin. This synthesis will
result in an integrated data base of geological, geophysical and petrophysical
information that will provide fundamental data and information to
guide future exploration and development of the remaining hydrocarbon
resources in the Permian Basin. We are currently soliciting the involvement
of industry groups who desire to benefit from this program.
Background
The Permian Basin is the largest oil and gas basin in the US with
23 billion barrels of mobile oil remaining in existing reservoirs
and a projected 3.5 billion barrels of undiscovered oil and NGL resources.
Key to recovery of these resources is knowledge of and ready access
to existing geological data in an integrated and synthesized database.
Such a synthesis will provide needed fundamental stratigraphic and
reservoir specific data in a readily accessible and useable format.
These data will decrease the risk and increase the efficiency of companies
currently active in the Basin and form the basis for new engineering
approaches and completion practices.
Program Overview
Funding for the program is expected to come from a mixture of federal,
public, and private industry sources. The key deliverable will be
a comprehensive GIS (ARC/INFOª) database of regional structure
maps, depositional systems maps, facies maps, cross sections, core
descriptions and data, outcrop descriptions and sections, reservoir
data, and an extensive bibliographic database. This will be supported
by a written synthesis of depositional history, stratigraphy, facies,
structural history, and reservoir development in the Permian Basin.
Seismic sections will also be included to illustrate major geologic
features and depositional relationships.
The long range goals of the program are to complete
a synthesis of the entire Paleozoic. Short term targets are negotiable;
initial candidates include the Devonian chert play, the Devonian/Mississippian
basin-center shale play, the Leonardian platform carbonates play,
and the Leonardian/Wolfcampian deep-water slope/basin play.
Industry Sponsorship and Involvement
Industry partners will receive priority delivery of all deliverables
and will be consulted on project goals and deliverables. Partnerships
will be offered for one-, two-, or three year periods.
Who Should Attend
Exploitation and exploration managers interested in gaining a competitive
edge on other companies exploring and developing Permian Basin oil
and gas resources. Geologists, geophysicists, and engineers who desire
comprehensive, integrated, geological data sets and models of the
Permian Basin to aid in exploiting the remaining resource.Managers,
scientists, and engineers interested in geological support for their
reservoir characterization, exploitation, and exploration operations.
Presenters
Steve Ruppel: Ph.D. in geology. Twenty-nine years' experience
in carbonate sedimentology and stratigraphy, including three years
with Chevron and 21 years at the Bureau.. Active in Permian Basin
since 1985 and has expertise in several reservoir successions, including
the Silurian and Devonian, San Andres, Grayburg, and Clear Fork.
Charlie Kerans: Ph.D. in geology. Twenty-two
years' experience in carbonate sedimentology and sequence stratigraphy.
Director of the Reservoir Characterization Research Laboratory at
the Bureau of Economic Geology since 1987. Has carried out research
in Ellenburger, San Andres, Grayburg, Pennsylvanian, Wolfcampian,
and Leonardian reservoir successions and analogous outcrops.
Bob Loucks: Ph.D. in geology. Thirty-one years'
experience in carbonate sedimentology and stratigraphy. Twenty years
in industry with Mobil and Arco focusing on carbonate and clastic
depositional systems worldwide. Special interest in karst systems
in Paleozoic rocks. Senior Research Scientist at the Bureau of Economic
Geology since 2000.
Eric Potter: M.S. in geology. Twenty-five years
with Marathon in exploration and technology positions. Exploration
experience in most US basins. Seven years leading Marathon's exploitation
and exploration efforts in the Permian Basin. Three years at BEG as
Associate Director with responsibility for the overall energy research
program.