Project Profile
Value: Undisclosed
Location: McLaren channel sand, Western Canada Sedimentary Basin, Alberta, Canada
Reserves: Unknown
Production: 300 barrels of oil per day
Start-up Year: 2011
The Frog Lake area is within the heavy oil deposits of the lower cretaceous age in the McLaren channel sand along the Western Canada Sedimentary Basin. The McLaren channel trend extends over 50 miles from SE to NW forming a narrow trend of excellent heavy oil reservoirs containing over 1.0 billion barrels of original oil in place (OOIP). This distribution system passes over a pre-Cretaceous sub crop that contains significant reserves of Mississippian Bakken oil that is thought to have a common oil source. McLaren point-bar sandstones are re-incised and aggraded into reservoirs with up to 30 metres of pay and permeability of over 5 Darcies. Seismic definition of these pools is excellent due to high contrast of overlying shale with reservoir sandstones. Gas caps add an increased contract where present. Petromin has commenced its exploration and production project in this area in 2010. The company has recently completed its third oil well at its Frog Lake heavy oil project, increasing gross production to approximately 300 barrels of oil per day. Despite the drilling spacing unit, there will be one more location that will be drilled in the future. A fourth drilling location is planned and will be drilled in 2013.
Operators:
Petromin: Operator with 100% interest