Thursday, August 16, 2012

The Duvernay Shale - Canada's Answer to the Eagle Ford

Not until you actually open the bottle, can the party truly begin. And in the case of Canada’s burgeoning Duvernay shale play, the cork is slowly being pulled, as industry players are waking up to the potential of Canada’s answer to Texas’ Eagle Ford.
The comparisons between the two shales are warranted: They have comparable thickness of pay zones; they both have similar porosities in the 3-12% range; and both have estimated reserves of well over 2 billion barrels. But the vintage of the Eagle Ford play in terms of exploration activity is four years older than the Duvernay.

No comments:

Post a Comment