Malaysia's Petroliam Nasional Bhd. (Petronas) awarded a contract to Knowledge Reservoir for the development of workflows for assessment of unconventional plays and the associated underlying hydrocarbon assets.
Given the requirement to deliver a reporting function for unconventional assets, Knowledge Reservoir will use the Society of Petroleum Engineers and World Petroleum Congress standard definitions as documented in the petroleum resources management system (PRMS) currently in effect.
The project will be global in scope and covers several unconventional resource types, namely coalbed methane (CBM) and shale gas/oil. This project will be executed in conjunction with Cekap Technical Services.
The project objectives are to: develop a roadmap for Petronas to be able to classify, quantify and report unconventional resources as per industry standards and practices; capture the developed roadmap in the form of a hierarchy of unconventional workflows; deploy the workflows as a dedicated web-based WFPT designed to launch under the Petronas portal; and conduct a detailed assessment on a resource of interest selected by Petronas using a work-flow process tool roadmap.
Morningside is a multi-zone prospect with additional targets in the Basal Quarts (Ellerslie) formation, and bypassed gas targets in the Glauconitic, Osteracod, Belly River and Coalbed Methane (CBM) formations.
Approval was also granted to amend the work program to include a detailed exploratory well on each of the two blocks by 2015 instead of 2012, which will analyze gas content and economic potential in both the coal and the shale.