Luncheon – January 17, 2003

Title: New Technology for Oil and Gas Exploration
Speaker: Terry Donze
Date: January 17, 2003
Publication: The Outcrop, January 2003, p. 4

After a decade of theoretical and practical scientific advancement, and several years of technological development, a method of subsurface exploration using induced electromagnetic (EM) sampling has been developed that aids in exploring for oil and gas in shallow formations. The EM method developed and used by Montason Exploration outputs a conductivity/resistivity log that can be incorporated directly into subsurface geological mapping projects. The low cost of the acquisition method benefits prospectors that have been unable to overcome the high cost of a 3D seismic program designed to image the shallow subsurface. It aids geologists in analyzing and mapping formation depth, thickness, and resistivity prior to drilling. The tool has been scientifically proven, lab and field tested, and has been used in an exploration program in the Niobrara gas province in the eastern Colorado Denver-Julesburg Basin. It is applicable to almost all shallow oil and gas exploration and development projects in the Rocky Mountains and other provinces, both for prospect evaluation and as a cost-effective regional reconnaissance tool. Results of the lab experiments, test programs, and Niobrara exploration project have proven the tool’s applicability, usefulness, and advantages, and have defined its limitations. EM is a non-invasive, low impact technique that is environmentally friendly. This proven leading-edge technology is fast, adaptable, inexpensive, and accurate. It helps reduce drilling risk and finding costs, thereby increasing success ratios and project economics.