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BASIC TOOLS FOR SHALE EXPLORATION Lindell C. Bridges Senior Vice President – Geoscience EQT Production Company Pittsburgh, Pennsylvania AAPG e-Symposium March 17, 2011

BASIC TOOLS FOR SHALE EXPLORATION

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Page 1: BASIC TOOLS FOR SHALE EXPLORATION

BASIC TOOLS FOR SHALEEXPLORATION

Lindell C. Bridges

Senior Vice President – Geoscience

EQT Production Company

Pittsburgh, Pennsylvania

AAPG e-Symposium

March 17, 2011

Page 2: BASIC TOOLS FOR SHALE EXPLORATION

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THANKS TO…

…THE ENTIRE GEOSCIENCEGROUP AT EQT, ESPECIALLYASHLEY DOUDS, RANDYBLOOD, KATIE PANKOWSKI,and JOE MORRIS

Page 3: BASIC TOOLS FOR SHALE EXPLORATION

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U.S. SHALE PLAYS

Big SandyField

1914

Fredonia, NY

1821

Harrison Co., In& Meade Co., Ky

1885

Page 4: BASIC TOOLS FOR SHALE EXPLORATION

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LOOKING FOR SHALE IN ALL THE RIGHT PLACES

1.Exploration

2.Evaluation

3.Delineation

4.Development

Page 5: BASIC TOOLS FOR SHALE EXPLORATION

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EXPLORATION

A. Gathering data

1. Existing log data

2. Samples & cores

3. Existing seismic data

B. Data Analysis & Mapping

1. Geochemistry & organic content (TOC)

2. Thermal maturity

3. Isopach mapping

C. Stratigraphic Analysis

1. Sequence Stratigraphy

D. Acreage acquisition

1. Based on initial mapping

2. May need to use a muti-tier concept

Page 6: BASIC TOOLS FOR SHALE EXPLORATION

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EXISTING LOG DATA

1944

1968

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EXISTING LOG DATA

CHOUTEAU LM

NEW ALBANY SHALE

HUNTON LM

HIGHRESISTIVITY

ZONE

Page 8: BASIC TOOLS FOR SHALE EXPLORATION

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EXISTING LOG DATA

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SAMPLES & CORES

ARKANSAS GEOLOGICAL SURVEY

Page 10: BASIC TOOLS FOR SHALE EXPLORATION

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MINERALOGY

1. Brittleness

2. Reservoir qualitya.Porosityb.Permeability

Page 11: BASIC TOOLS FOR SHALE EXPLORATION

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BRITTLE MINERALS

DO

LO

MIT

E

QU

AR

TZ

CA

LC

ITE

C L A Y M I N E R A L S

ILLITE

MIXED-LAYERED

BR

ITT

LE

DU

CT

ILE

Page 12: BASIC TOOLS FOR SHALE EXPLORATION

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Shale Mineralogy

Page 13: BASIC TOOLS FOR SHALE EXPLORATION

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TERNARY GRAPH, MARCELLUS

SkaneatelesOatka CreekUnion Springs

BRITTLENESSINCREASES

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Development of Porosity

Loucks, et al, 2009Inorganic Organic

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TOC vs Total porosity. Note strong positive correlation. There is a positive “y”intercept suggesting intercrystalline porosity does exist.

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PETROPHYSICAL MODEL

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Three Sources of Gas in Shale

1. Free Gas

a. Matrix Gas = f (por, sw, so, pres)

b. Fracture Gas = f (por, sw, so, pres)

2. Sorbed Gas = f (kerogen, pres, temp)

3. Dissolved Gas = f (sw, so, GOR, pres, temp)

Total Gas = Free + Sorbed + Dissolved

No “cook book” method available! Each shale playshould be evaluated on its own merits.

Gas In Place Evaluation Model

Page 18: BASIC TOOLS FOR SHALE EXPLORATION

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OGIP – BCF/MILE

RITCHIEW

OOD

SH

EN

AN

DO

AH

RA

PP

AH

AN

NO

CK

FAUQUIER

PRINCEW

ILLIAM

CA

LV

ER

T

DO

RCHESTE

R

WICOMICO

PENDLETON

BOTETO

URT

HIGHLAND

JACKSON

LAWRENCE

VINTON

FLOYD

LAW

REN

CE

BOYD

JOHNSON

RALEIGH

FAYETTE

CLAY

PUTNAM

LOGAN

LINCOLN

PIKE

WAYNE

MARTINMINGO

MEIGS

CABELL

GALLIA

MASON

WYOMING

BOONE

KANAWHA

ROANE

WIRT

JACKSON CALHOUN

MONROE

GREENBRIER

WEBSTER

UPS

HU

R

SU

MM

ER

S

NICHOLAS

BRAXTON

LEWIS

GILMER

ALL

EGHAN

Y

PO

CA

HO

NTA

S

RANDOLPH

BATH

MIDDLESEX

LANCASTER

NORTHUMBERLAND

GLO

UC

ESTE

R

LOUSIA

ORANGE

CULPEPER

GOOCHLAND

NELSON

RO

CK

BR

IDG

E

AMHERST

ROCKINGHAM

FLUVANNA

BUCKINGHAM

CU

MB

ER

LA

ND

GREENE

MADISON

ALBEMARLE

PAGE

CAROLINE

KING GEORGE

HENRICO

CHARLES

POWHATAN

STA

FFO

RD

SPOTSYLVANIA

HANOVER

NEW KENT

JAM

ES

CIT

Y

KINGW

ILLIAM

KIN

G&

QUEEN

ESSEX

RICHMOND

WESTMORELAND

ST MARYS

AC

CO

MA

CK

NO

RT

HA

MP

TO

N

SOM

ERSET

WO

RC

ES

TE

R

SOMERSET

INDIANA

MC KEAN

JEFFERSON

CATTARAUGUS

GENESEE

GARRETT

LORAIN

ASH

LAN

D

HOCKING

FAIRFIELD

LICKING

CRAWFORD

MORROW

RICHLAND

HURON

ERIE

KNOX

ST CLAIR

MA

CO

MB

TYLER

WETZEL

MA

RS

HA

LL

HA

NC

OC

K

CRAWFORD

COLUMBIANA

TU

SC

AR

AW

AS

WASHINGTON

NOBLE

GUERNSEY

STARK

PORTAGE

COSHOCTON

MUSKINGUM

ATHENS

PERRY

MORGAN

MEDINA

WAYNE

HOLMES

SUM

MIT

PLEASANTS

MONROE

BELMONT

HARRISON

CA

RR

OLL

MAHONING

JE

FF

ER

SO

N

LAKE

GEAUGA

CUYAHOGATRUMBULL

ASHTABULA

TAYLO

R

MONONGALIA

ALLEGHENY

BARBOUR

OHIO

GREENE

DO

DD

RID

GE

HARRISON

MARION

WASHINGTON

BEAVER

BR

OO

KE

LAWRENCE

BUTLER

PRESTON

FAYETTE

TUCKER

WESTMORELAND

ARMSTRONG

VENANGO

CHAUTAUQUA

ERIE

MERCER

WARREN

FOREST

CLARION

ERIE

BERKS

LEHIGH

CARBON

WAYNE

OSEGO

DELAWARE

CECIL

LIVINGSTON

SE

NE

CA

CORTLAND

LOUDOUN

FRANKLIN

CUMBERLAND

PERRY

JUNIATA

LYCOMING

SCHUYLER

WASHINGTON

MIFFLIN

HAMPSHIRE

BEDFORD

BLAIR

MIN

ER

AL

ALLEGHANY

HARDY

GR

AN

T

CAMBRIA

FU

LT

ON

BERKELEY

WA

RR

EN

FREDERIC

K

MO

RGAN

JE

FF

ER

SO

N

CLARKE

HU

NT

ING

DO

N

POTTER

CAMERON

CLEARFIELD

ELK

ALLEGANY

WYOMING

TIOGA

CENTRE

CLINTON

STEUBEN

YATES

SCHUYLKILL

YORK

LEBANON

D.C.

HOWARD

FREDERICK

MONTGOMERY

FAIRFAX

CARROLL

ARLIN

GTON

ADAMS

DA

UPH

IN

BALTIMORE

AN

NE

AR

UN

DE

L

BALTIMORECITY

PR

INC

EG

EO

RG

ES

LANCASTER

HARFORD

SULLIVAN

CO

LU

MB

IA

SNYDER

NO

RT

HU

MB

ER

LA

ND

MON

TOUR

BRADFORD

TO

MP

KIN

S

CHEMUNGTIOGA

WYO

MIN

G

LA

CK

AW

AN

NA

LUZERNE

BROOME

CHENANGO

ONTARIO

CA

YU

GA

MADISON

BUCKS MERCER

CUMBERLAND

GLOUCESTER

SUSSEX

NE

WC

AS

TL

E

CA

RO

LIN

E

KENT

QUEEN

AN

NES

TALB

OT

KENT

DELAWARE

MONTGOMERY

CHESTER

SALEM

CA

PE

MA

Y

ATLANTIC

BURLINGTON

CAMDEN

SULLIVAN

HU

NTER

DO

N

SUSSEX

NO

RT

HA

MP

TO

N

PIKE

MONROE

WA

RR

EN

MID

DLE

SEX

MORRIS

PASSAIC

SO

ME

RS

ET

GREENE

ULSTER

ORANGE

SCHOHAIR

E

MONTGOMERY

SUSQUEHANNA

UNION

AGUSTA

ALLE

GH

EN

YFR

ON

T

Weste

rnE

xte

nt

of

the

Ma

rcell

us

50 0 50 100 mi

MARCELLUS OGIP ISOPACH MAP

Author:EQT

CI: 10 BCF/SqMi’ Date:30 November, 2010

EQT Plaza625 Liberty AvenuePittsburgh, PA 15222

Marcellus

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KEROGEN CONSIDERATIONS

Four types of kerogen

Different kerogen types mature at different times

Most kerogen is concentrated in the condensedsections

As thermal maturity increases, TOC is reduced due toconsumption of the organic material

Hydrogen is also a very important component. It mustbe present in sufficient quantities to producehydrocarbons!

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KEROGEN CLASSIFICATION

Type I• Most hydrogen-rich organic matter

• Often composed of amorphous alginite

• Large portion thermally converted to hydrocarbon, thus rarely recognized in highlymature or post mature rocks

Type II• Dominated by hydrogen-rich exinite

• Can be formed by partially degraded type I kerogen or from mixtures of other kerogentypes

• Sometimes found landward of type I kerogen deposition

Type III

• Sufficient hydrogen for gas generation, but not oil

• Dominated by vitrinite (formed from land plant wood)

• Dominate maceral in coal

Type IV

• Primarily composed of hydrogen-poor inertinite

Page 21: BASIC TOOLS FOR SHALE EXPLORATION

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Generalized relationships of shale color, TOC,& kerogen type, New Albany Shale

Barrows & Cluff, 1984

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TOC Loss with Maturation – Barnett Example

0

10

20

30

40

50

60

0 2 4 6 8 10 12 14 16

TOTAL ORGANIC CARBON (TOC, wt.%)

RE

MA

ININ

GH

YD

RO

CA

RB

ON

PO

TE

NT

IAL

(mg

HC

/gR

ock)

Type I Oil Prone

usu. lacustrineTYPE II Oil Prone

(usu. marine)

Mixed Type II / III

Oil / Gas Prone

Type III

Gas ProneOrganic

Lean

Dry

Gas Prone

Barnett Shale

Maturation

Trend

Difference is amount ofhydrocarbons generated

Type I Oil Prone

Usually lacustrine

Type II Oil Prone

Usually marine

Type II - III Oil -Gas Prone

Type III

Gas Prone

Dry Gas Prone

Page 23: BASIC TOOLS FOR SHALE EXPLORATION

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THERMAL MATURITY EQUIVALENTS

Courtesy Worldwide Geochemistry, LLChttp://www.wwgeochem.com/resources/WorldwideThermal+Maturity+Parameters+and+Correlationsr+24+x+32.pdf

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AGE APPROPRIATE TECHNIQUES

Courtesy Worldwide Geochemistry, LLChttp://www.wwgeochem.com/resources/WorldwideThermal+Maturity+Parameters+and+Correlationsr+24+x+32.pdf

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GEOCHEMICAL ANALYSIS

S1 - amount of free hydrocarbons in sample (milligramsHC/gram of rock). >1mg/g, 1.) large amounts of kerogen-derived bitumen, 2.) presence of migrated hydrocarbons.S1 normally increases with depth.

S2 – amount of hydrocarbons (mg HC/g) generated throughthermal cracking of nonvolatile organic matter. < 1mg/g,low hydrogen source due to low quantities of organicmatter, hydrogen-poor organic matter, or over matureorganic matter. >5mg/g, excellent source potential, highmolecular weight soluble organic matter (biodegraded oil),or coal. S2 normally decreases with depth.

S3 – amount of CO2 (mg CO2/gram of rock) producedduring the pyrolysis kerogen. An indication of the amountof oxygen rich kerogen in the source rock. Contaminationby high concentrations of some carbonates if S3 values areabnormally high.

S4 – dead carbon

Tmax – temperature (°C) at which the top peak of S2 occurs(maximum release of hydrocarbons from cracking ofkerogen during pyrolysis). It is an indication of the level ofthermal maturity.

Merrill, 1991; Tissot & Welte, 1984

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Parameter Equation Interpretation

Hydrogen Index (S2 x 100) mg/g < 150 - gas, 150-300 - mixed,

%TOC > 300 - oil

Oxygen Index (S3 x 100) mg/g Correlates with the ratio of

%TOC oxygen to carbon. High ratio

equates to marine organisms,

low ratio equates to land plants.

Kerogen Type S2 < 3 - gas prone, 3 to 5 – mixed,

S3 > 5 – oil prone

Tmax < 430 °C – immature,

430 to 460 °C – oil generation

>460 °C – gas generation or destruction

Production Index S1 < 0.1 immature, 0.1 to 0.4 oil,

(Transformation Ratio) S1 + S2 > 0.4 gas

GEOCHEMICAL ANALYSIS

Merrill, 1991; Tissot & Welte, 1984

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Hydrogen Index map of the Marcellus

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BTU map of the Marcellus

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DEVONIAN DEPOSITIONAL MODEL

Harper, 1999

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ORGANIC MATTER PRESERVATION

Pashin and Ettensohn, 1995

• Pycnocline model proposed for Bedford-Berea deltaic complex (Ettensohn and Elam, 1985).• Black shales are deposited at the toes of clinoforms.

• Landward time equivalent sediments are more abundant in lower TOC grey shales dueto proximity to the source terrain and effective dilution of the organic matter.

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STRATIGRAPHY – BARNETT SHALE

Pollastro, 2007

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Singh et al., 2008

INDEX MAP

BARNETT SEQUENCE STRATIGRAPHY

Page 33: BASIC TOOLS FOR SHALE EXPLORATION

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BARNETT SEQUENCE STRATIGRAPHY

Singh et al., 2008

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ISOPACH MAPPING

1. Gross black shale

a. Gamma ray cut off

2. Net black shale

a. Gamma ray & density cut offs

3. Mineralogy

Page 35: BASIC TOOLS FOR SHALE EXPLORATION

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MARCELLUS CLAY MAPwith Upr DEV. DELTA LOBES

25%

30%35%

40%

CLAY ABUNDANCE (vol %)

Delta lobes modifiedfrom Denison, 1984

Page 36: BASIC TOOLS FOR SHALE EXPLORATION

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FACIES DETERMINATION

Black Shale• GR above grey

shale baseline + 20API units

• Low bulk density

• PE between 3-4

Grey Shale• GR between grey

and black shalebaseline

• PE between 3-4

Carbonate• Low GR

• High Bulk Density

• PE > 4

+20 APIGREY SHALEBASELINE

Page 37: BASIC TOOLS FOR SHALE EXPLORATION

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MARCELLUS BLACK SHALE GROSS ISOPACH

Page 38: BASIC TOOLS FOR SHALE EXPLORATION

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RITCHIEW

OO

D

WARREN

HAWKIN

S

JACKSON

LAWRENCE

VINTON

LETCHER

KNOTT

FLOYD

LAWREN

CE

BOYD

JOHNSON

SCOTT

CLE

RM

ON

T

MC

CR

EAR

Y

PULASKI

MADISON

BOURBON

BRACKEN

HARRISON

SCOTT

GAR

RAR

D

JES

SAM

INE

FAYETTE

BUTLER

HAMILTON

KE

NT

ON

GRAN

T

PE

ND

LE

TO

N

CA

MP

RO

CK

CA

ST

LE

JACKSONOWSLEY

CLAIBORNE

BELL

CLAY

WHITLEY

LAUREL

HARLAN

LESLIE

PERRY

LEE

ADAMS

WOLFE

MENIFEE

RO

WA

N

LEWIS

ESTILL

POWELL

MO

NTGO

MERY

BATH

FLEMING

CLARK

NICHOLAS

LEE

CLINTON

HIGHLAND

BROWN

MASON

ROBSON

BREATHITT

MAGOFFIN

CARTER

ELLIOT

MORGAN

SCIOTO

GREENUP

PIKE

ROSS

RALEIGH

FAYETTE

CLAY

SMYTH

ASHE

TAZEWELL

BUCHANAN

RUSSELL

WASHINGTON

SULLIVAN

WISE

DICKENSON

SCOTT

JOH

NS

ON

PUTNAM

LOGAN

LINCOLN

PIKE

WAYNE

MARTINMINGO

MEIGS

CABELL

GALLIA

MASON

MC DOWELL

WYOMING

BOONE

KANAWHA

ROANE

WIRT

JACKSON

CA

LH

OU

N

PULASKI

CARROLL

SURRY

GRAYSON

WYTHE

ALLEGHANY

MONROE

GREENBRIER

WEBSTER

SU

MM

ER

S

MERCER

BLAND

GILES

NICHOLAS

BRAXTON

LEWIS

GILMER

HOCKING

FAIRFIELD

LICKING

LOGAN

CHAMPAIGN

GREENE

DRAKE

SHELBY

MIAMI

MO

NTGO

MERY

DELAWARE

FRANKLIN

FAYETTE

CLARK

UNION

MA

DIS

ON

PICKAWAY

KNOX

TYLER

WETZEL

MA

RS

HA

LL

TU

SC

AR

AW

AS

WASHINGTON

NOBLE

GUERNSEY

COSHOCTON

MUSKINGUM

ATHENS

PERRY

MORGAN

PLEASANTS

MONROE

BELMONT

HARRISON

JE

FF

ER

SO

N

OHIO

DO

DD

RID

GE

HARRISON

WASHINGTON

BR

OO

KE

KNOX

HANCOCK

Es t . B H Lo c 5 6 68 92

20 0 20 40 60 mi

TOC ISOPACH, LOWER HURON SHALE

CI: 1% TOC

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A’

A

Berea

Upper Huron

Cross-Section Devonian Pay Section EKY – Southern WV

LHRN Silt

Cleveland

AA’

Lower Huron

OHPA

KYWV

VA

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THERMAL MATURITY: LOWER HURON

85000 0 85000 170000 255000 ft20 0 20 40 60 mi

CI: 0.1 Ro

GUERNSEY

NOBLE

WASHINGTON

WOOD

KANAWHA

WHITLEY

MCCREARY

SCOTT HAWKINSCAMPBELL

CLAIBORNE

UNION

BELL

HANCOCK

LEE

SCOTT

SULLIVAN

JOHNSON

WASHINGTON

ASHE

CAMPBELL

PENDLETON

HARRISON

MADISON

ROCKCASTLE

WOODFORD

LINCOLN

FRANKLIN

GARRARD

PULASKI

JESSAMINE

SCOTT

FAYETTE

BOONE

GALLATIN

OWEN

UNION

KENTON

HAMILTON

GRANT

DARKE

PREBLE

BUTLER

GREENUP

LETCHER

FRANKLIN

DELAWARE

FLEMING

MENIFEE

CHAMPAIGN

HIGHLAND

ROBERTSON

NICHOLAS

MONTGOMERY

JACKSON

LAUREL

BOURBON

CLARK

CLAY

KNOX

LEE

OWSLEY

POWELL

ESTILL

BATH

CLERMONT

BRACKEN

WARREN

MIAMI

MONTGOMERY

MASON

CLINTON

BROWN

GREENE

CLARK

PERRY

BREATHITT

LESLIE

HARLAN

ROWAN

WOLFE

LEWIS

KNOTT

ELLIOTT

MAGOFFIN

MORGAN

CARTER

ADAMS

UNION

FAYETTE

MADISON

ROSS

PIKE

SCIOTO

PICKAWAY

PERRY

CABELL

MINGOMARTIN

FLOYD

WISE

LAWRENCE

JOHNSON

BOYD

PIKE

DICKENSON

WAYNE

FAIRFIELD

JACKSON

LAWRENCE

VINTON

GALLIA

LICKING

HOCKING

BUCHANAN

RUSSELL

LINCOLN

PUTNAM

LOGAN

TAZEWELL

MCDOWELL

SMYTH

WYOMING

BOONE

COSHOCTON

MORGAN

ATHENS

MASON

MEIGS

MUSKINGUM

JACKSON

CARROLL

ALLEGHANY

GRAYSONCITY

GALAX

SURRY

PULASKI

DODDRIDGE

BRAXTON

WYTHE

BLAND

FAYETTE

MERCER

RALEIGH

SUMMERS

CLAY

NICHOLAS

HARRISON

MONROE

PLEASANTS

RITCHIE

CALHOUN

WIRT

ROANE

TYLER

GILMER

BELMONT

FLOYD

MONTGOMERY

WEBSTER

GREENBRIER

MONROE

GILES

HARRISON

LEWIS

BROOKE

OHIO

MARSHALL

WETZEL

WASHINGTON

2

1 .4

1. 8

1. 6

2. 2

1 . 2

1. 1

1. 3

1 .5

1 . 7

1 .9

2 .1

0 . 9

1

0 .7

0 .5

20 0 20 40 60 mi

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Contour Interval = 1% TOC

MARCELLUS BLACK SHALE AVERAGE TOC

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Contour Interval = 0.5% Ro

MARCELLUS BLACK SHALE AVERAGE Ro

Page 43: BASIC TOOLS FOR SHALE EXPLORATION

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EVALUATION

A. Generate “prospect” areas for testing.

1. Based on mapping, spread test wells for further mapping.

B. Drill vertical test wells for data gathering.

1. Logging program.

2. Coring program.

C. Completion choices for vertical wells.

1. Complete as a production well.

2. Use for microseismic monitoring well.

3. Plug back and drill horizontally.

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DELINEATION

A. Design drilling program for additional testwells to delineate the play.

1. Based on initial drilling program, where is additional dataneeded. Include logging programs & coring in the plan.

2. Data trades? How soon?

B. Reservoir characterization for stimulationdesign.

1. Update mapping and petrophysical models.

C. Plan 3-D seismic programs

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Lower Huron Play Fairway

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DEVELOPMENT

A. Determine areas of similar reservoircharacteristics defined by previousdrilling and mapping.

B. Three D and some 2D seismic programscompleted or nearing completion.

C. Acquire additional logs to keep finetuning the reservoir model.

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CLOSING THOUGHTS TO PONDER…

1. Depositional environments are more important than thicknesswithin limits.

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OGIP – BCF/MILE

RITCHIEW

OOD

SH

EN

AN

DO

AH

RA

PP

AH

AN

NO

CK

FAUQUIER

PRINCEW

ILLIAM

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50 0 50 100 mi

MARCELLUS OGIP ISOPACH MAP

Author:EQT

CI: 10 BCF/SqMi’ Date:30 November, 2010

EQT Plaza625 Liberty AvenuePittsburgh, PA 15222

WHEN CALCULATED AS

BCF/MILE2/FOOT THIS

“BULLSEYE” DISAPPEARS

Marcellus

Page 49: BASIC TOOLS FOR SHALE EXPLORATION

www.eqt.com 50

ANOTHER WORD ABOUT THICKNESS

STANLEY SHALE

Base map from AGS websitewww.geology.ar.gov

Page 50: BASIC TOOLS FOR SHALE EXPLORATION

www.eqt.com 51

CLOSING THOUGHTS TO PONDER…

1. Depositional environments are more important than thicknesswithin limits.

2. Most important parameters for maximizing production:

-PROPER TARGETING

-PROPER AZIMUTH OF LATERAL

-LATERAL LENGTH W/IN MECHANICAL & ECONOMIC LIMITS

Page 51: BASIC TOOLS FOR SHALE EXPLORATION

www.eqt.com 52

FRACTURES IN THE MARCELLUS

Page 52: BASIC TOOLS FOR SHALE EXPLORATION

www.eqt.com 53

FRACTURING via CATAGENESIS

Lash & Engelder, 2005

Page 53: BASIC TOOLS FOR SHALE EXPLORATION

www.eqt.com 54

In-Situ Stress Indicators-Blue Drilling induced Fractures; Red Borehole breakout

Page 54: BASIC TOOLS FOR SHALE EXPLORATION

www.eqt.com 55

AZIMUTH & PRODUCTION

shmax

JointSet I

JointSet II

PreferredAzimuth

Azimuth9.3mmcfd

Azimuth4.6mmcfd

Page 55: BASIC TOOLS FOR SHALE EXPLORATION

www.eqt.com 56

AZIMUTH

Important for:

1.Taking advantage of present day stressregimes

2.Taking advantage of paleostress regimes

Adds up to the very complexfracs and maximumdeliverability!

Page 56: BASIC TOOLS FOR SHALE EXPLORATION

www.eqt.com 57

CLOSING THOUGHTS TO PONDER…

1. Depositional environments are more important than thicknesswithin limits.

2. Most important parameters for maximizing production:

-PROPER TARGETING

-PROPER AZIMUTH OF LATERAL

-LATERAL LENGTH W/IN MECHANICAL & ECONOMIC LIMITS

3. Maybe some “sweet” trends are the result of the manufacturingapproach to development. These are not factories…don’t getcomplacent!

4. Seismic, especially 3D, is essential for maximizing value in shaleplays.

Page 57: BASIC TOOLS FOR SHALE EXPLORATION

www.eqt.com 58

THE END

Page 58: BASIC TOOLS FOR SHALE EXPLORATION

BASIC TOOLS FOR SHALEEXPLORATION

Lindell C. Bridges

Senior Vice President – Geoscience

EQT Production Company

Pittsburgh, Pennsylvania