15 Petroleum Economics for Geologists
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15 Petroleum Economics for Geologists – Part 7 19 Interpretation of Transgressive Barrier-Beach, Shoreface, Lagoon, and Estuary Reservoirs – Use of Modern Analogues: Part 3 – Subsurface Mapping and Interpretation 23 Exploration Review of the Horn River Shale Gas Play Prospect Area APRIL 2010 VOLUME 37, ISSUE 4 Canadian Publication Mail Contract – 40070050 RESERVOIR ISSUE 4 • APRIL 2010 1 Since 1927... Define Reservoir Parameters with Confidence CSPG OFFICE #600, 640 - 8th Avenue SW Calgary, Alberta, Canada T2P 1G7 Tel: 403-264-5610 Fax: 403-264-5898 Web: www.cspg.org Office hours: Monday to Friday, 8:30am to 4:00pm Executive Director: Lis Bjeld Email: [email protected] Advertising & Sponsorship Coordinator: Alyssa Middleton Email: [email protected] Communications Coordinator: Heather Tyminski Email: [email protected] Member Services Coordinator: Kasandra Klein Email: [email protected] Registration Coordinator: Dayna Rhoads Email: [email protected] Convention Contacts Convention Manager: Shauna Carson Email: [email protected] Convention Coordinator: Tanya Santry Email: [email protected] EDITORS/AUTHORS Please submit RESERVOIR articles to the CSPG office. Submission deadline is the 23rd day of the month, two months prior to issue date. (e.g., January 23 for the March issue). To publish an article, the CSPG requires digital copies of the document. Text should be in Microsoft Word format and illustrations should be in TIFF format at 300 dpi., at final size. For additional information on manuscript preparation, refer to the Guidelines for Authors published in the CSPG Bulletin or contact the editor. Technical Editors Ben McKenzie Colin Yeo (Assistant Tech. Editor) Tarheel Exploration EnCana Corporation Tel: 403-277-4496 Tel: 403-645-7724 Email: [email protected] Email: [email protected] Coordinating Editor Heather Tyminski, Comunications Coordinator, CSPG Tel: 403-513-1227, Email: [email protected] Looking to maximize opportunities in today’s volatile market? ADVERTISING Advertising inquiries should be directed to Alyssa Middleton, Tel: 403-513-1233, email: [email protected]. The deadline to reserve advertising space is the 23rd day of the month, two months Combine the power of PETRA® and IHS Critical Information including well and prior to issue date. log data to define reservoir parameters and determine new opportunities faster and The RESERVOIR is published 11 times per year by the Canadian Society of Petroleum Geologists. This includes a combined issue for the months of July and August. The purpose of the RESERVOIR is to publicize the Society’s many activities and to promote the geosciences. We look for both technical and non-technical material to more cost effectively. publish. Additional information on the RESERVOIR’s submission guidelines can be found at http://www.cspg. org/publications/pubs-reservoir-submissions.cfm. The contents of this publication may not be reproduced either in part or in full without the consent of the Let IHS information solutions improve your decision-making and reduce your risk. publisher. Additional copies of the RESERVOIR are available at the CSPG office for $6.50 each. No official endorsement or sponsorship by the CSPG is implied for any advertisement, insert, or article that appears in the Reservoir unless otherwise noted. All submitted materials are reviewed by the editor. We reserve the right to edit all submissions, including letters to the Editor. Submissions must include your name, address, and membership number (if applicable). The material contained in this publication is intended for informational use only. For more information on PETRA visit us at While reasonable care has been taken, authors and the CSPG make no guarantees that any of the equations, schematics, or devices discussed will perform as expected or that they will give the desired results. Some www.ihs.com/reservoirsolutions information contained herein may be inaccurate or may vary from standard measurements. The CSPG expressly disclaims any and all liability for the acts, omissions, or conduct of any third-party user of information contained in this publication. Under no circumstances shall the CSPG and its officers, directors, employees, and agents be liable for any injury, loss, damage, or expense arising in any manner whatsoever ©2009 IHS Inc. All rights reserved. from the acts, omissions, or conduct of any third-party user. Design and Layout by Sundog Printing. Printed in Canada by Sundog Printing. Since 1927... Define Reservoir APRIL 2010 – VOLUME 37, ISSUE 4 ARTICLES Parameters with Petroleum Economics for Geologists Part 7 – Economic Indicators ............................... 15 Interpretation of Transgressive Barrier-Beach, Shoreface, Lagoon, and Estuary Reservoirs – Use of Modern Analogues: Confidence Part 3 – Subsurface Mapping and Interpretation ....................................................... 19 CSPG OFFICE #600, 640 - 8th Avenue SW Exploration Review of the Horn River Shale Gas Play Calgary, Alberta, Canada T2P 1G7 Tel: 403-264-5610 Fax: 403-264-5898 Prospect Area: Horn River Basin, Bc 94-0-7 ................................................................... 23 Web: www.cspg.org Office hours: Monday to Friday, 8:30am to 4:00pm Science Promotion in Canada ................................................................................................... 27 Executive Director: Lis Bjeld 27th Annual Squash Tourney Biggest Ever! .......................................................................... 28 Email: [email protected] Advertising & Sponsorship Coordinator: Alyssa Middleton GeoCanada 2010 Special Events .............................................................................................. 30 Email: [email protected] Communications Coordinator: Heather Tyminski Why Become a CSPG Student Member ............................................................................... 31 Email: [email protected] Member Services Coordinator: Kasandra Klein Geoskills Day 2010: Let’s Keep those Contacts Alive ...................................................... 32 Email: [email protected] Registration Coordinator: Dayna Rhoads On the Road Again...Industry Professionals Travelling to Meet with Students ......... 33 Email: [email protected] Convention Contacts Student Industry Field Trip (SIFT) 2010 ................................................................................ 34 Convention Manager: Shauna Carson Email: [email protected] University of Manitoba Department of Geological Services .......................................... 36 Convention Coordinator: Tanya Santry Email: [email protected] DEPARTMENTS EDITORS/AUTHORS Please submit RESERVOIR articles to the CSPG office. The CSPG Educational Trust Fund Comment .................................................................. 5 Submission deadline is the 23rd day of the month, two months prior to issue date. (e.g., January 23 for the March issue). Technical Luncheons ............................................................................................................... 8 To publish an article, the CSPG requires digital copies of the document. Division Talks .......................................................................................................................... 12 Text should be in Microsoft Word format and illustrations should be in TIFF format at 300 dpi., at final size. For additional information on manuscript Rock Shop ........................................................................................................................... 9, 11 preparation, refer to the Guidelines for Authors published in the CSPG Bulletin or contact the editor. Technical Editors Ben McKenzie Colin Yeo (Assistant Tech. Editor) Tarheel Exploration EnCana Corporation Tel: 403-277-4496 Tel: 403-645-7724 Email: [email protected] Email: [email protected] Coordinating Editor Heather Tyminski, Comunications Coordinator, CSPG Tel: 403-513-1227, Email: [email protected] Looking to maximize opportunities in today’s volatile market? ADVERTISING Advertising inquiries should be directed to Alyssa Middleton, Tel: 403-513-1233, email: [email protected]. The deadline to reserve advertising space is the 23rd day of the month, two months Combine the power of PETRA® and IHS Critical Information including well and prior to issue date. log data to define reservoir parameters and determine new opportunities faster and The RESERVOIR is published 11 times per year by the Canadian Society of Petroleum Geologists. This includes a combined issue for the months of July and August. The purpose of the RESERVOIR is to publicize the Society’s many activities and to promote the geosciences. We look for both technical and non-technical material to more cost effectively. publish. Additional information on the RESERVOIR’s submission guidelines can be found at http://www.cspg. org/publications/pubs-reservoir-submissions.cfm. The contents of this publication may not be reproduced either in part or in full without the consent of the Let IHS information solutions improve your decision-making and reduce your risk. publisher. Additional copies of the RESERVOIR are available at the CSPG office for $6.50 each. No official endorsement or sponsorship by the CSPG is implied for any advertisement, insert, or article that appears in the Reservoir unless otherwise noted. All submitted materials are reviewed by the editor. We reserve the right