By OGJ editors
HOUSTON, Mar. 2 -- Calgary independents BlackRock Ventures Inc. and Talisman Energy Inc. are acquiring a $2.5 million 3D seismic survey over lands that contain a new heavy oil discovery in Alberta's Peace River area.
The companies will use the 3D data to expand exploration and development this year around the heavy oil find at Chipmunk, 15 miles southeast of BlackRock's Seal project (see map, OGJ, Jan. 24, 2005, p. 40).
BlackRock and Talisman have completed three successful vertical wells that have been producing a combined 960 b/d of 11° gravity oil from three Waulsortian mounds in the Mississippian Pekisko formation.
Consulting engineers assigned 655,000 bbl of reserves to the first two wells. The companies have worked the area 5 years. The first well, drilled in December 2003, has intermittently produced more than 45,000 bbl.
The mounds occur along a linear southwest-northeast trend 6 miles wide and 50 miles long where BlackRock and Talisman have acquired 65,000 acres. BlackRock identified 78 reef-like anomalies on the lands from 470 line-km of 2D seismic data.
BlackRock's working interest averages 55%.
Chipmunk is within 6 miles of the BlackRock-operated Seal pipeline.