Workshops -Training - Project Advisory: Application of Oil and Gas Industry skills and experience in Decarbonization projects

February 7, 2022
U3 Explore
We believe that the most effective way to pursue carbon storage projects is to apply E&P best practices of data acquisition/analysis and project management to the understanding of regional and local conditions necessary to deliver projects to the standard required by regulatory authorities
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What is our approach?

We believe that the most effective way to pursue carbon storage projects are to apply E&P best practices of data acquisition/analysis and project management to the understanding of regional and local conditions necessary to deliver projects to the standard required by regulatory authorities.  

Services provided by U3 Explore:

U3 Explore Subject Matter Expert teams use the geoscience, engineering and project management skills acquired over decades in E&P to provide advisory and project assistance in decarbonization projects.

Our services provide reduction of uncertainty in subsurface characterization during permit application, construction authorization, and site operations, which requires a consistent approach using data quality and reliability assessment and applying statistically valid data analysis to better understand subsurface variability.

For Companies - we deliver the geologic and engineering site characterization necessary for injection permit application in the development of permanent carbon storage projects:

  • Regional geologic setting – stress regime, regional seals, seismicity, and other geologic risks in the area.
  • Local subsurface Storage container –establishing a baseline for storage,  container capacity, seal integrity – injectivity effectiveness at well locations.
  • Permanent storage or reuse of the captured carbon - assessment for CCS or CCUS type of carbon project

For Regulators – for Government Agencies needing to meet IPCC and IEA climate change targets we can:

  • Define regions and reservoirs suitable as CCS/CCUS injection sites.
  • Assess local geologic parameters for permanent carbon storage.
  • Mature CCUS application process.
  • Establish site monitoring and closure requirements.

Other U3 Explore services relevant to the delivery of projects that we can provide in collaboration with service partners include:

  • Data collection and analysis before, during, and after injection.
  • Geospatial enablement (GIS component of the project).
  • Geologic site remediation.

U3 Explore Subject Matter Experts are using proven methodologies:

  • A Stage-gate process framework for organizing/managing projects seeking approval for and during the operational period of injection –adapted from industrial project management.
  • Common Critical Risk Segment mapping adopted to CCUS/CCS projects - adapted from oil and gas exploration organizations for defining optimal locations for reinjection projects.
  • Geophysical and geologic data collection, analysis, and modeling before, during, and after injection.
  1. Early (pre-application and pre-injection) dataset assessment and data acquisition planning
  2. Before injection - Establish Baseline for site Monitoring, Verification and Accounting (MVA)
  3. During and after injection – Perform MVA to ensure that captured CO2 remains in place.
  • Define and communicate the value of the geologic and geophysical data in Area of Review characterization
  • Define and communicate the value of the geologic and geophysical data in Carbon container storage characterization

Why the time to act is NOW

Governments and companies need to meet IPCC and IEA climate change targets

CCUS projects are likely to be of a comparable scale to major E&P Capital Projects, so there is need to plan and modify enterprise and individual behaviors in the short term to deliver projects in the coming decades.

For regulators - Government are establishing requirements for CCS/CCUS projects

  • Learn from the best practices research to define criteria for subsurface CCS site characterization.
  • Governments need assessments to apply for FDI
  • Governments need to provide incentives for the businesses to change behaviors
  • Governments need to measure and monitor reductions in emissions
  • Become [KS1] 

For operating companies

  • Demonstrate carbon-negative operations
  • Participate in transparent and secure carbon credits trading
  • Manage injection sites
  • Monitor injection sites
  • Plan to perform efficient site closures

Glossary:

IPCC = Inter governmental Panel on Climate Change www.ipcc.ch United Nations

IEA = International Energy Agency

OECD = countries members of Organization for EconomicCo-operation and development

[KS1] I think this is maybe beyond our scope. We recognize it needs to be done, but are not in a position to influence how it happens…

DOMAINS
CCS - Carbon Capture and Storage
Decarbonization
Regional Geology
Regional Studies
Oil & Gas Asset Metrics
Asset Evaluation
Workshop
Training
Project Management
Knowledgement Management
Skills
CCUS - Carbon Capture Utilization and Storage
Geography
No items found.
AUTHOR
COAUTHOR(s)
Kevin Schofield
MEMBER SINCE
Jan 21, 2020
Principal Geologist

Kevin’s 37 years of experience in technical leadership and SME roles has resulted in a deep integrated understanding of exploration, development and project oversight in deepwater petroleum systems in the Gulf of Mexico, North Sea & West Africa. He has also worked extensively in the Middle East & Australasia. As a Divisional and Corporate Chief Geologist he developed significant experience in integrated project assurance, & individual and team development. He has developed/delivered short- and long-form courses for industry in Play-Based Exploration and Integrated Project Development.

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Juan Francisco Arminio
MEMBER SINCE
Sep 7, 2020
Geoscience Advisor

Senior Geoscience Advisor at U3 Explore, G&G Manager at New Stratus Energy, and Associate Professor at Universidad Simón Bolívar. Geoscientist with extensive experience in exploratory analysis and integration, passionate for new technologies applied to solve geotechnical challenges. Skilled in uncertainty reduction and functional play visualization for exploration and production of hydrocarbons, and subsurface container characterization.

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Marel Sanchez
MEMBER SINCE
Nov 20, 2019
U3 Explore and Actus Veritas Geoscience Founder and Managing Director | Geoscience | Decarbonization Projects

Marel Sanchez has a Master of Science degree in Geophysics and more than 30 years of experience in subsurface characterization as a geoscientist working in fast-paced, results-oriented, multicultural, and multidisciplinary project delivery teams. She has strong technical expertise in basin/play/asset evaluation, block/asset acquisition, technology selection and implementation, and decarbonization projects in Latin America, the Caribbean, and Africa.

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VIEW REPORT
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The talk visits the fundamentals of CO2 geological storage and utilization with an emphasis on a the opportunity that our countries could at this point begin to capitalize in this Energy Transition context, with favorable impacts for economy, industry and geopolitical positioning.
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VIEW REPORT
Entre las técnicas de control del CO2 atmosférico, la Captura y Almacenamiento Subterráneo de Carbono (CCUS) constituye una de las más viables para para suprimir a escala industrial CO2 atmosférico y de emisores industriales concentrados, almacenándolo permanentemente en recipientes geológicos a escala masiva. En Latinoamérica, la masificación de CCUS puede constituir una importante oportunidad comercial que puede apoyarse de extremo a extremo en conocimientos y tecnologías establecidas y desarrolladas desde hace décadas en la Industria y Academia de la misma región.
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VIEW REPORT
The authors have used those data to generate a play-level analysis of the petroleum system on the Somali passive margin. Clastic and Carbonate plays have been identified. It has been recognized that the Jurassic source rocks in the basin, unlike the equivalent interval to the south, are largely still within the oil window. This abstract summarizes the portion of that study describing the carbonate play.
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VIEW REPORT
Offshore Eastern Africa emerged as a significant new petroleum province through the second decade of the 21st century (2018; Davison and Steele, 2018; Sayers, 2017; Davidson et al., 2018). A combination of Jurassic source rocks (unpenetrated but inferred, e.g. Sayers, 2017) and Cretaceous and Tertiary clastic reservoirs came together to deliver world-class gas discoveries in the offshore basins of Kenya, Tanzania, and Mozambique.
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VIEW REPORT
A searchable database of worldwide Deepwater reservoirs (the Cossey Deepwater Database) was used to define sets of analogue data for clastic play fairways mapped in offshore Somalia. This methodology was chosen because the Somalian margin has minimal available well data, but does have good quality 2D seismic data from which reservoir presence and depth could be inferred. Using the analogues defined in this way enabled the definition of credible predictive ranges under a variety of scenarios to input to volumetric models, thereby capturing the shape of the uncertainty distribution.
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VIEW REPORT
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VIEW REPORT
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VIEW REPORT
Our services provide reduction of uncertainty in subsurface characterization during carbon subsurface storage permit application, construction authorization, and site operations, which requires a consistent approach using data quality and reliability assessment and applying statistically valid data analysis to better understand subsurface variability.
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VIEW REPORT
We summarize preliminary results of the structural styles obtained from a bibliographic review and our expertise related to the tectonic analysis, the performance of quality controls, and the balanced cross-sections throughout these basins. The seismic interpretation and the review of the surface geology also included in this work allow delimiting several structural domains. This paper will be published at the 83rd EAGE Annual Conference & Exhibition
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VIEW REPORT
Neogene's tectonic evolution of the southern Gulf of México (Campeche sub-basin) is associated with intense salt-mobilization, and it can be separated into 3 main episodes: 1. Late Oligocene (?) - early Miocene to middle Miocene: salt-rooted thrusts running parallel to the Paleogene Zongolica front that generated a series of northwest-southeast oriented anticlines.. 2. Late Miocene – Pliocene extension: NE-SW Macuspana depocenter. 3. Pliocene – Quaternary extension: NE-SW Comalcalco. This paper will be presented at the 83rd EAGE Annual Conference & Exhibition 2022 in Madrid.
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Mar 3, 2022
Kevin Schofield

We propose that the Play-Based methodology for characterizing the exploration potential of an area developed and successfully used in Petroleum exploration during the last two decades should be deployed for the characterization of the risks and uncertainties of the Area of Review (AoR) as defined by Environmental Protection Agency (EPA) for Class 6 well (CCUS) permit approval process. Because both the application for an injection project permit is iterative, and because the development of a carbon sequestration project is a long-term, capital-intensive, multi-stage process, we further propose

VIEW REPORT
We propose that the Play-Based methodology for characterizing the exploration potential of an area developed and successfully used in Petroleum exploration during the last two decades should be deployed for the characterization of the risks and uncertainties of the Area of Review (AoR) as defined by Environmental Protection Agency (EPA) for Class 6 well (CCUS) permit approval process. Because both the application for an injection project permit is iterative, and because the development of a carbon sequestration project is a long-term, capital-intensive, multi-stage process, we further propose
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Look back studies help review exploratory concepts in light of recent advances. With a regional look focused on critical elements of the petroleum system, we present here a review of the Oligo –Neogene play of carbonates and related clastics present both offshore and onshore in the South Caribbean and hosts gas accumulations that range from small to medium and giant in five basins of Colombia and Venezuela.

VIEW REPORT
Look back studies help review exploratory concepts in light of recent advances. With a regional look focused on critical elements of the petroleum system, we present here a review of the Oligo –Neogene play of carbonates and related clastics present both offshore and onshore in the South Caribbean and hosts gas accumulations that range from small to medium and giant in five basins of Colombia and Venezuela.
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Hydrocarbon accumulations in a Tertiary carbonate play in sedimentary basins of northern South America range from small to medium to giant. The fields are located both onshore and in shallow waters of the southern Caribbean Sea. Recent discoveries and wide variation in the play's field sizes generate renewed interest in the exploration in the region onshore and offshore. The exploratory risk could be reduced by a better understanding of controls on the field size distribution and reservoir presence and/or quality.

VIEW REPORT
Hydrocarbon accumulations in a Tertiary carbonate play in sedimentary basins of northern South America range from small to medium to giant. The fields are located both onshore and in shallow waters of the southern Caribbean Sea. Recent discoveries and wide variation in the play's field sizes generate renewed interest in the exploration in the region onshore and offshore. The exploratory risk could be reduced by a better understanding of controls on the field size distribution and reservoir presence and/or quality.
Exploration methodologies and machine learning applications
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Juan Francisco Arminio

One of the more recent technological advances to gain traction in Oil and Gas is the application of Machine Learning processes to solve geoscience problems, such as those related to trap and reservoir identification in salt basins. With ever-increasing data processing capacity and decreasing processing costs, it's only natural for oil and gas companies to adopt increasingly efficient ML applications, pushing them to the limits of what they can do. ML is here to stay from that point of view, and investment in developing and refining ML technology will only grow with time.

VIEW REPORT
One of the more recent technological advances to gain traction in Oil and Gas is the application of Machine Learning processes to solve geoscience problems, such as those related to trap and reservoir identification in salt basins. With ever-increasing data processing capacity and decreasing processing costs, it's only natural for oil and gas companies to adopt increasingly efficient ML applications, pushing them to the limits of what they can do. ML is here to stay from that point of view, and investment in developing and refining ML technology will only grow with time.
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Katya (Ekaterina) Casey

U3 Explore is now one year old, and here are the highlights of our first year. U3 stands for Unlocked, Untold, Unfiltered stories of people with exploratory mindsets. These people have analytical and determined personalities. They like to collect information and figure out the meaning of their observations. They are proactive in preserving and communicating years of institutional knowledge in the integrated project delivery.

VIEW REPORT
U3 Explore is now one year old, and here are the highlights of our first year. U3 stands for Unlocked, Untold, Unfiltered stories of people with exploratory mindsets. These people have analytical and determined personalities. They like to collect information and figure out the meaning of their observations. They are proactive in preserving and communicating years of institutional knowledge in the integrated project delivery.
Helping machines learn: 10 Geoscience Principles Machine Learning hasn’t learned yet
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Scotty Salamoff

Many ascribe the recent successes of Machine Learning to an increase in available compute power; it is however also a result of 25+ years of intensive scientific research and experiences gleaned from the investment of time and money into understanding and correctly describing geoscience problems associated with petroleum systems that contribute wisdom to the outputs of a machine learning process. We have compiled a list of the top 10 geoscience concepts that machine learning -for all its strengths and benefits - is currently incapable of understanding.

VIEW REPORT
Many ascribe the recent successes of Machine Learning to an increase in available compute power; it is however also a result of 25+ years of intensive scientific research and experiences gleaned from the investment of time and money into understanding and correctly describing geoscience problems associated with petroleum systems that contribute wisdom to the outputs of a machine learning process. We have compiled a list of the top 10 geoscience concepts that machine learning -for all its strengths and benefits - is currently incapable of understanding.
Early Cretaceous Conomita outcrop: structural analysis of syn-sedimentary gravity-driven deformations (NE Venezuela)
Oct 10, 2020
Carlos Giraldo

An updated analysis of Conomita Fold outcrop (Barranquin Fm.) was performed using an image of a field-trip guide-book organized by PDVSA in 1993: Excursion al Frente de Montaña, Venezuela Oriental (Stop # 5). “Remote” structural analysis carried-out along this outcrop reveals the existence of several deformation episodes related to gravity-driven processes. Conomita fold appears to be a slump feature generated in a deltaic setting. Early Cretaceous rocks were strongly tilted during the Miocene-Recent tectonics phase contemporaneously to El Pilar right-lateral strike-slip fault.

VIEW REPORT
An updated analysis of Conomita Fold outcrop (Barranquin Fm.) was performed using an image of a field-trip guide-book organized by PDVSA in 1993: Excursion al Frente de Montaña, Venezuela Oriental (Stop # 5). “Remote” structural analysis carried-out along this outcrop reveals the existence of several deformation episodes related to gravity-driven processes. Conomita fold appears to be a slump feature generated in a deltaic setting. Early Cretaceous rocks were strongly tilted during the Miocene-Recent tectonics phase contemporaneously to El Pilar right-lateral strike-slip fault.
Is it possible to attain 1:1000 level precision from high resolution satellite stereo imagery?
Nov 5, 2020
Carlos Naranjo

Remote Sensing Satellites are great because of its availability, cost-effectiveness, and easy to program tasks. On the other hand, in most countries, you have to go through a lengthy process to be able to take an aerial photograph (digital or analog) if you use an aircraft. This is one of the many advantages to use satellites instead of aircraft and also It is more practical from the project standpoint. But sometimes you need high-resolution imagery to perform engineering or cadastral grade work. Would it be neat to be able to do it with satellite imagery instead?

VIEW REPORT
Remote Sensing Satellites are great because of its availability, cost-effectiveness, and easy to program tasks. On the other hand, in most countries, you have to go through a lengthy process to be able to take an aerial photograph (digital or analog) if you use an aircraft. This is one of the many advantages to use satellites instead of aircraft and also It is more practical from the project standpoint. But sometimes you need high-resolution imagery to perform engineering or cadastral grade work. Would it be neat to be able to do it with satellite imagery instead?
Could we improve virtualization experiences across the E&P business in 2021?
Nov 9, 2020
Katya (Ekaterina) Casey

2020 is coming to an end, and it is time to reflect on it and plan for 2021. Virtual experiences have touched us all. Many of you were forced to adapt rapidly without prior experiences in virtual meetings and virtual business administration. The U3 Explore community had many private conversations on virtual business with our technology partners and found the advice we provide for each other very valuable. We want to extend the knowledge of the subject, share our experiences, and answer any questions on the best practices of the orchestration of the virtual office's business activities.

VIEW REPORT
2020 is coming to an end, and it is time to reflect on it and plan for 2021. Virtual experiences have touched us all. Many of you were forced to adapt rapidly without prior experiences in virtual meetings and virtual business administration. The U3 Explore community had many private conversations on virtual business with our technology partners and found the advice we provide for each other very valuable. We want to extend the knowledge of the subject, share our experiences, and answer any questions on the best practices of the orchestration of the virtual office's business activities.
New interpretive processes enabled by A.I. and Machine Learning Tools
Oct 24, 2020
Scotty Salamoff

The best new techniques that are appearing in geoscience toolkits today make use of Machine Learning and AI technologies to analyze massive quantities of seismic data with understood geological codependences. Coincident with the rapid acceptance and deployment of these tools by major E&P companies must however come a pivot in the way that we as geoscientists approach interpretation. In this paper we focus on the new balance between human and machine roles in the interpretation of 3D seismic data.

VIEW REPORT
The best new techniques that are appearing in geoscience toolkits today make use of Machine Learning and AI technologies to analyze massive quantities of seismic data with understood geological codependences. Coincident with the rapid acceptance and deployment of these tools by major E&P companies must however come a pivot in the way that we as geoscientists approach interpretation. In this paper we focus on the new balance between human and machine roles in the interpretation of 3D seismic data.
Artificial Intelligence and Geoscience: Is AI augmenting Human Intelligence or Is Human Intelligence Augmenting AI?
Oct 8, 2020
Scotty Salamoff

What do the two sciences need to know about each other to deliver practical results? On the image above is a wavelet displayed to scale next to a wave-shaped building. Appreciation of scale is one of the skills critical in oil and gas AI projects. On the other side, to be a successful petroleum geoscientist in the post-COVID requires a set of very specific new skills in addition to the understanding of geologic concepts. These new skills are not normally associated with geoscience but are fast becoming critical for geoscientists to operate in an E&P environment.

VIEW REPORT
What do the two sciences need to know about each other to deliver practical results? On the image above is a wavelet displayed to scale next to a wave-shaped building. Appreciation of scale is one of the skills critical in oil and gas AI projects. On the other side, to be a successful petroleum geoscientist in the post-COVID requires a set of very specific new skills in addition to the understanding of geologic concepts. These new skills are not normally associated with geoscience but are fast becoming critical for geoscientists to operate in an E&P environment.
Learning from mistakes: Creating value from understanding the reasons we fail
Sep 2, 2020
Katya (Ekaterina) Casey

It is overall our view that creaming curve analysis is most valuable when it discriminates between the plays and playtests, when it may indeed identify missed opportunities or even new plays when combined with as thorough an understanding of the history of the basin as possible. "Lumping" the statistics together appears not to serve this purpose, at least in predictive mode, when trying to build a new portfolio and incorporate the potential value of speculative or conceptual plays.

VIEW REPORT
It is overall our view that creaming curve analysis is most valuable when it discriminates between the plays and playtests, when it may indeed identify missed opportunities or even new plays when combined with as thorough an understanding of the history of the basin as possible. "Lumping" the statistics together appears not to serve this purpose, at least in predictive mode, when trying to build a new portfolio and incorporate the potential value of speculative or conceptual plays.
The absence of evidence does not necessarily mean the evidence for absence – exploration beyond first-order basin statistics
Jul 29, 2020
Katya (Ekaterina) Casey

Basin and play exploration are inherently governed by the management of risk and uncertainty at the portfolio level. Exploration investment decisions biased by risk-averse teams are susceptible to first-order basin statistics which may reflect a historical “poor” exploration history and exhaustion of existing play concepts. New concepts, new models, new thinking, and consideration of alternatives often result in a paradigm shift despite previous negative results.

VIEW REPORT
Basin and play exploration are inherently governed by the management of risk and uncertainty at the portfolio level. Exploration investment decisions biased by risk-averse teams are susceptible to first-order basin statistics which may reflect a historical “poor” exploration history and exhaustion of existing play concepts. New concepts, new models, new thinking, and consideration of alternatives often result in a paradigm shift despite previous negative results.
Survey Results: Adaptation or remission : what next for E&P?
May 30, 2020
Katya (Ekaterina) Casey

The purpose of the survey is to collect information across different companies and geographies and help the industry in recovery after the crisis. There are many publications about how lost we became and the recognition that people want to return to a "new normal." There is an understanding that this "new normal" should reflect not only our new hygiene practices but also help us to reconnect with our lives, families, and friends, make our work more meaningful, and help us to focus on things that are important in our lives.

VIEW REPORT
The purpose of the survey is to collect information across different companies and geographies and help the industry in recovery after the crisis. There are many publications about how lost we became and the recognition that people want to return to a "new normal." There is an understanding that this "new normal" should reflect not only our new hygiene practices but also help us to reconnect with our lives, families, and friends, make our work more meaningful, and help us to focus on things that are important in our lives.
Why Value Networking is essential or why shopping for skills on LinkedIn might get one in trouble.
May 13, 2020
Katya (Ekaterina) Casey

An example of the difference between U3 Explore and LinkedIn approach to professional networking. I use LinkedIn regularly myself following the posts of the people whose opinion I value and from whom I learn. Today on LinkedIn, I came across a simple explanation of why building a Value Network that is assembled and promoted not by paid campaigns but by our personal experiences will save us from trouble. The bottom line is that paid advertisements do not guarantee the quality of advice or service. Reference-based relationships do.

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An example of the difference between U3 Explore and LinkedIn approach to professional networking. I use LinkedIn regularly myself following the posts of the people whose opinion I value and from whom I learn. Today on LinkedIn, I came across a simple explanation of why building a Value Network that is assembled and promoted not by paid campaigns but by our personal experiences will save us from trouble. The bottom line is that paid advertisements do not guarantee the quality of advice or service. Reference-based relationships do.
Adaptation or remission : what next for E&P?
May 8, 2020
Katya (Ekaterina) Casey

Technical expertise and business acumen have differentiated sustainable performance among E&P competitors. 2020 First Quarter earnings results evidence the pressures that face the future direction of the global E&P industry. Capital discipline strategies have reshaped the forward outlook of companies and for industry professionals uncertainty will be foremost in their thoughts. What will emerge from this period?

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Technical expertise and business acumen have differentiated sustainable performance among E&P competitors. 2020 First Quarter earnings results evidence the pressures that face the future direction of the global E&P industry. Capital discipline strategies have reshaped the forward outlook of companies and for industry professionals uncertainty will be foremost in their thoughts. What will emerge from this period?
Vaca Muerta Formation, Argentina
Apr 28, 2020
Ricardo Sebastian Martinez

The success of oil and gas production from shale plays in the U.S in the last decade has also drawn attention to the most prolific source rock of the Neuquen Basin in Argentina, which is called Vaca Muerta Formation. Today, with approximately 110 MBls/d of oil and 1 Bcf of gas production from 1400 wells, it represents 5% and 23% of the total production of oil and gas of Argentina respectively.

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The success of oil and gas production from shale plays in the U.S in the last decade has also drawn attention to the most prolific source rock of the Neuquen Basin in Argentina, which is called Vaca Muerta Formation. Today, with approximately 110 MBls/d of oil and 1 Bcf of gas production from 1400 wells, it represents 5% and 23% of the total production of oil and gas of Argentina respectively.
Survey Results Report:  "Oil and Gas: Let's Check our Corona Virus Related Temperature"
Apr 7, 2020
Katya (Ekaterina) Casey

This analysis uses the data collected over March 25th- April 5th. By the digital nature of our survey, the responses are biased towards technically enabled companies and individuals that were set up for occasional remote work. We analyze 1- the overall level of the system preparedness for such an extraordinary situation when the majority of the workforce is working from home, where the entire family is streaming homeworks, videos, and videoconferencing; 2- social aspects of the remote working; 3- feedback on the support provided for remote workers and ideas on post-crisis recovery

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This analysis uses the data collected over March 25th- April 5th. By the digital nature of our survey, the responses are biased towards technically enabled companies and individuals that were set up for occasional remote work. We analyze 1- the overall level of the system preparedness for such an extraordinary situation when the majority of the workforce is working from home, where the entire family is streaming homeworks, videos, and videoconferencing; 2- social aspects of the remote working; 3- feedback on the support provided for remote workers and ideas on post-crisis recovery
Ñirihuau Basin Report, Argentina
Jan 16, 2020
Ricardo Sebastian Martinez

Located in southwestern Argentina, it covers around 15000 Km2, with more than 10.000 ft. thickness in the depocenters. The basin has more than 100 years of exploration history started with the exploitation of 10 barrels a day from 4 wells in “Arroyo de La Mina” oil seepage. This report summarizes the new exploration ideas, based on geochemical data and outcrops description that allows the existence of a hypothetical new petroleum system. This idea generates high exploration potential in undrilled deep sections of big structures.

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Located in southwestern Argentina, it covers around 15000 Km2, with more than 10.000 ft. thickness in the depocenters. The basin has more than 100 years of exploration history started with the exploitation of 10 barrels a day from 4 wells in “Arroyo de La Mina” oil seepage. This report summarizes the new exploration ideas, based on geochemical data and outcrops description that allows the existence of a hypothetical new petroleum system. This idea generates high exploration potential in undrilled deep sections of big structures.
Colorado Basin Report, Offshore Argentina, Exploration Review
Jan 21, 2020
Ricardo Sebastian Martinez

This report contains an exploration review of Colorado Basin, located in southeastern Argentina, it has onshore and most extensive offshore sections with more than 125000 Km2 of total extension. The basin has more than 70 years of exploration history, with a few wells drilled, one of them recovered 39º API Oil from Early Cretaceous Syn-rift sandstone. Three main plays were identified, with high exploration potential: Rift Margin Play, Continental Slope Play, and Thrust belt play.

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This report contains an exploration review of Colorado Basin, located in southeastern Argentina, it has onshore and most extensive offshore sections with more than 125000 Km2 of total extension. The basin has more than 70 years of exploration history, with a few wells drilled, one of them recovered 39º API Oil from Early Cretaceous Syn-rift sandstone. Three main plays were identified, with high exploration potential: Rift Margin Play, Continental Slope Play, and Thrust belt play.
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