06-29-2012, 11:20 AM
The counting of the “reef” prospects is precarious as best. Most of this is based on a few charts from presentations and verbal comments on conference calls where it is mentioned that certain areas or prospects were “prospective for possible reefs”. We now know we have reefs at Antelope and Triceratops. (Triceratops replaced three other reefal prospects, Bwata, Bwata East, and Bwata West.) So let’s not count these know reefs.
How many more might we have? From the old list that leaves us with hints about Seismosaurus, Mule Deer, Big Horn, Cougar, Wolverine, Zebra, Tuna, Mackerel, Mako, and Wahoo. That gives us ten un-drilled “possible” reef prospects. We now have a lot of seismic that more or less confirms that we have reefs at Tuna and Mako and Wahoo. Mako and Wahoo may merge into one field. If we throw in the two that I think may be reefs, Yellow Fin and Great White, then we could have as many as twelve “possible” reef prospects.
Now, what do I really think? I believe there are many more than twelve but we have just not heard any hints about them. Where should we expect to find more reefs? In the areas where we have already found reefs. So I think all of the prospects around Antelope and Triceratops would be good candidates. Many of these prospects are the same limestone as Antelope and are just across a fault from a known reef. In addition to Mule Deer that might include names such as Deer, White Tail, Raptor/Duckbill and Grizzly. If you look at http://www.interoil.com/presentation/201...inal-1.pdf chart 21 (magnify it to 300%) and look at the trend from Triceratops to Zebra I would not mind throwing in Pteranodon Northwest of Triceratops and Razorback, North and Razorback, South as possible reef candidates.
I think all of the prospects right along the coast in PPL236 could be reef candidates. I am not so sure about Barracuda since it is so large. I would like to hear what IOC thinks is there but I have not heard any hint about that.
I would not be surprised if we hear the “reef” word mentioned in the drilling of Elk-3. You can see the location Elk-3 at http://www.interoil.com/presentation/201...inal-1.pdf chart 16. This is right in the middle of the Elk Field and up dip from the dry hole at Elk-2. Now compare that to http://www.interoil.com/presentation/200..._final.pdf chart 10. There is no doubt that we will make a gas well at Elk-3. Will we have all fractured limestone or will we have some reef and/or dolomite. It looks to be a couple of thousand feet (maybe more) higher than Elk-2.
How many more might we have? From the old list that leaves us with hints about Seismosaurus, Mule Deer, Big Horn, Cougar, Wolverine, Zebra, Tuna, Mackerel, Mako, and Wahoo. That gives us ten un-drilled “possible” reef prospects. We now have a lot of seismic that more or less confirms that we have reefs at Tuna and Mako and Wahoo. Mako and Wahoo may merge into one field. If we throw in the two that I think may be reefs, Yellow Fin and Great White, then we could have as many as twelve “possible” reef prospects.
Now, what do I really think? I believe there are many more than twelve but we have just not heard any hints about them. Where should we expect to find more reefs? In the areas where we have already found reefs. So I think all of the prospects around Antelope and Triceratops would be good candidates. Many of these prospects are the same limestone as Antelope and are just across a fault from a known reef. In addition to Mule Deer that might include names such as Deer, White Tail, Raptor/Duckbill and Grizzly. If you look at http://www.interoil.com/presentation/201...inal-1.pdf chart 21 (magnify it to 300%) and look at the trend from Triceratops to Zebra I would not mind throwing in Pteranodon Northwest of Triceratops and Razorback, North and Razorback, South as possible reef candidates.
I think all of the prospects right along the coast in PPL236 could be reef candidates. I am not so sure about Barracuda since it is so large. I would like to hear what IOC thinks is there but I have not heard any hint about that.
I would not be surprised if we hear the “reef” word mentioned in the drilling of Elk-3. You can see the location Elk-3 at http://www.interoil.com/presentation/201...inal-1.pdf chart 16. This is right in the middle of the Elk Field and up dip from the dry hole at Elk-2. Now compare that to http://www.interoil.com/presentation/200..._final.pdf chart 10. There is no doubt that we will make a gas well at Elk-3. Will we have all fractured limestone or will we have some reef and/or dolomite. It looks to be a couple of thousand feet (maybe more) higher than Elk-2.