Duvernay Breakfast Tuesday, November 26th, 2019 Calgary Petroleum Club ‐ 319 5th Ave SW

THANK YOU TO OUR SPONSORS!

Duvernay Breakfast

November 26th, 2019

Duvernay Breakfast Tuesday, November 26th, 2019 Calgary Petroleum Club ‐ 319 5th Ave SW

QUESTIONS & ANSWERS FORMAT

For this workshop, we will use CSUR`s website to make it easy for everyone to share their ideas, opinions and most importantly, questions!

How it works:

1) Go to our website through the respective link:

https://www.csur.com/question/duvernay

2) Submit your question and it will be displayed on the screen 3) Please note that “write your answer” is where you should write your question and submit your answer will complete and post your question to the speaker(s).

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Sponsored by: Duvernay Breakfast Tuesday, November 26th, 2019 Calgary Petroleum Club ‐ 319 5th Ave SW

AGENDA

BREAKFAST SESSION

Moderator: David Langille, Shell

Moderator Bio: David Langille, Petroleum Engineer and Front‐End Lead, Rocky Mountain House, Shell Canada Unconventionals. Dave has 10+ years of experience in Shell Canada’s Upstream business in reservoir engineering, technology & fluids, and planning & reserves. Collaboration across the technical‐commercial spectrum to optimize unconventional development in Canada keeps Dave excited. Langille’s engineering education came from Acadia, DAL, and the U of C, complemented with an MBA from Queen’s & Cornell.

07:30 – 07:55 Registration, Networking and Breakfast

07:55 – 08:00 Welcome: Al Kassam and Dave Langille

08:00 – 08:25 Hidden secrets of the Duvernay Formation Presented by Raphael Wust, AGAT Laboratories The late Devonian () Duvernay Formation within the Western Canadian Sedimentary Basin is deposited within a shallow basin flanked by carbonate platforms and reef structures south of the Peace River Arch along the western shelf of the North American Craton. The formation is composed of organic‐ rich mudstones, organic‐rich fine‐grained siliceous and calcareous mudstones, as well as lime mudstones. These rocks have different relationships with hydrocarbons and production is therefore related to composition and fabric. The composition varies across the basin and was influenced by basin settings, sediment influx, ocean currents, and burial history. This presentation will look at the spatial sediment distribution and composition and elaborate on depositional changes and burial history of both organics and mineral matter. For comparison, Devonian outcrop analysis from U of C PhD student H. Galvis Portilla will provide insights into the complexity of the Devonian sediment deposition within the shallow basin setting, where quasi‐isolation from the proto‐Pacific Ocean and Milankovitch‐driven climate cyclicity dictated burial and diagenetic alterations of the sediments.

Speaker Bio: Raphael Wust received his MSc in Geology in 1995 from the University of Bern, Switzerland and his PhD in Geology in 2001 from the University of in Vancouver. From 2002 to 2009 he was a Lecturer/Senior Lecturer in Marine Geology/Sedimentology at the School of Earth and Environmental Sciences, James Cook University in Townsville,

Australia. In 2009, Raphael Wust joined the service industry as a Technical 2 Advisor in Calgary (AGAT Laboratories, former Trican Geological Solutions). He Page

Sponsored by: Duvernay Breakfast Tuesday, November 26th, 2019 Calgary Petroleum Club ‐ 319 5th Ave SW is author and co‐author of over 50 scientific papers, numerous field‐guides and technical reports and was involved and led several geological field trips/studies and short courses in N‐America, Australia, Indonesia, Malaysia and Panama. His professional interests include sedimentology, unconventional oil/gas plays, organic geochemistry, marine geology, and modern and past sedimentary environments. At AGAT Laboratories, he is leading the geoscience study group. Since August 2018, he has also been awarded an Adjunct Associate Professor position in the Geoscience Department of the University of Calgary.

08:25 – 08:50 The Duvernay Completion Journey: Where we started, to where we are today Presented by Sean Kleiner, Chevron Chevron’s completion practices in the Duvernay have undergone a dramatic evolution as the play has progressed over the last 8 years. Beginning with the first, relatively simple plug and perf completion design, with wide cluster spacing and low fluid/sand intensity, moving thru a period of extensive and not always successful experimentation (alternative perforation design, flow‐thru bridge plugs, single point entry fracturing and others). A review of the learning journey through design of experiment (DoE), fiber optic deployment and Microseismic surveys will be discussed and depicted. Current completion design among most operators is in a phase of relative stability and commonality, these will compared and contrasted to Chevron’s design. As with the most well data in Canada, completion information is predominately publicly available and freely shared between operators. Companies (Energy or research) can compare small difference in process or radical differences in design to rapidly advance completion science and efficiency, as well as, attempt to normalize for production results (multivariant analysis). This presentation will detail the evolution of completion practices used during the development of the play and present a summary of design where Chevron is today

Speaker Bio: Sean Kleiner has worked unconventional resources for over 14 years, spanning from CBM in & BC, to Montney and most recently the Duvernay . Sean is the execution manager for the Kaybob Duvernay project at Chevron Canada.

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Sponsored by: Duvernay Breakfast Tuesday, November 26th, 2019 Calgary Petroleum Club ‐ 319 5th Ave SW

08:50 – 09:15 The Duvernay: Looking East… Far East Presented by James Kim, Rife Resources. The Far East Shale Basin Duvernay oil window is a hybrid shale play consisting of high TOC source rocks and oil charged carbonates. The oil in place for this basin is significant and already has some of the best oil wells in the whole Duvernay. The shallower depths, high overpressure, thick fracable rock, and multiple productive benches make this a potentially huge play. We will dive into some of Rife’s technical work and observations from an operator’s point of view.

Speaker Bio: James Kim has 19 years of experience as a production, exploitation, and reservoir engineer. His unconventional experience stretches from the Montney, Second White Specks, Exshaw, North Dakota Bakken, and Eagle Ford, mainly focused on integrating engineering, geochemical, geological, and geomechanical concepts together on both the exploration and development sides. In his current role as senior engineer for Rife Resources, he is the reservoir engineer for Rife’s Duvernay Shale play and also works on the acquisitions side through Freehold Royalties in both Canada and the USA.

09:15 – 09:40 TBA Presented by Michael Muirhead, IHS Markit Speaker Bio: Michael G. Muirhead, P.Geol., is the Vice President of Upstream Consulting and currently leads the subsurface technical group at IHS Markit’s office located in Calgary, Alberta, Canada Michael has over 28 years of diverse experience in the oil and gas industry as a geoscientist and executive. He is a technically proficient exploration geologist who has drilled ~800 prospects in western Canada and Internationally. He is an expert in sedimentology, depositional environments and basin analysis with extensive field operations experience with numerous E&P companies. Trained in seismic interpretation, petrophysical analysis and prospect risk analysis, all underpinned by a proven effectiveness in operational decision making. Excellent knowledge of field development, reservoir and production engineering and drilling workflows, developed through experience within multi‐discipline teams. His extensive experience and expertise is related to both unconventional and conventional resource assets. Mr. Muirhead holds a B.Sc. Geology from the University of British Columbia and is a member of the Association of Professional Engineers and Geoscientists of Alberta (APEGA).

09:40 – 10:00 Panel Q&A and Wrap-Up

THANK YOU FOR YOUR PRESENCE AND HOPE TO SEE YOU AT THE NEXT CSUR EVENT! 4 Page

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