Exploration Insights November 2019 | Page 12

12 | Halliburton Landmark New Product: Basin-Scale Frameworks Exploration Insights | 13 Adding Context to Oceanic Anoxic Events as Source Rock Drivers: A New Approach for Frontier Areas by: Christine Yallup and Benjamin Gréselle OAE II at the Halle Hesseltal section in northern Germany. Photograph provided by and used with the permission of Prof. Joerg Mutterlose, University of Bochum. Our basin-scale frameworks bring together disparate data from the public domain to generate depth surfaces that can be used to better assess hydrocarbon prospectivity. This new product provides: » High resolution models, which give you the ability to analyze the subsurface during the reconnaissance stages of exploration on a basin-scale » Enhanced subsurface resolution, and the context beyond your area of data control » Generated depth surfaces that can help you to better assess the prospectivity of key petroleum elements These new basin-scale frameworks are available within the Depth Analysis Openworks project backups, as ArcGIS grids or ZMap format for Neftex ® Insights Advanced subscribers. Contact us today for more information. THE IMPORTANCE OF SOURCE ROCK PREDICTION Recent analysis suggests that almost half of exploration wells that fail to find commercial quantities of hydrocarbons do so due to issues with the prediction of a viable source rock system (Rudolph and Goulding, 2017). Of these issues, the most common reason for these failures was erroneous estimation of source rock presence (Figure 1). It is, therefore, important that we improve our understanding of source rock distribution. Can we challenge commonly held assumptions about drivers of source rock deposition to reduce the risk of wells failing due to lack of source rock presence? It has long been noted that strata favorable for the production of hydrocarbons are not evenly distributed throughout geological time (Figure 2; Klemme and Ulmishek, 1991). The Eocene, mid- Cretaceous, Late Jurassic, Late Devonian, and Silurian are particularly remarkable in terms of the quantities of proven hydrocarbons attributed to source rocks of these ages. These source rocks have often been linked to oceanic anoxic events (OAEs). These events, in which large portions of the ocean floor appear to have become anoxic, correspond to short-lived, strong perturbations of the carbon cycle, with oceanic to global extent. They are commonly characterized in the stratigraphic record by widespread deposition of organic-rich strata. This has led to the assumption that OAEs drove widespread organic enrichment, and the deposition of prolific source rocks. How valid is this assumption? To test this, 44 wells from the Neftex ® Insights dataset were studied, covering a wide range of paleogeographic and environmental settings. These were used to quantify the impact of OAE2 on organic carbon burial, by studying well-time- constrained total organic carbon (TOC) data. 2018 Frontier Well Failure Analysis N=76 Reservoir Presence Updip Seal Reservoir Quality Trap Size Carbon Dioxide Uneconomic Phase Focusing your exploration efforts 0 1 © 2 Timing/Migration 9 H a l l u i b Source Presence Source Maturity Migration Figure 1> Analysis of reasons why wells failed to find commerical quantities of hydrocarbons in 2018. Data compiled from public domain well reports published in 2018.