What if your rig is scheduled but you can’t produce the well because you don’t have your ERCB applications approved? To assure you can drill on schedule, you need to know how long the ERCB will take to approve your application.

AppIntel software tracks the average approval time and approval rate for ERCB applications. Proven Reserves has used AppIntel for years to track approval times. Now the software is commercial.

Scheduling drilling rigs and services has many oil and gas companies struggling. Several companies still can’t find a rig to drill critical wells before break up. The shortage of rigs may carry into the summer.

The software also sends you email notices when applications are registered using push technology. You can schedule it to notify you when an enhanced recovery scheme is registered within a 3 mile radius of your best well. Or it can notify you when a spacing application is approved within a 12 mile radius of your property. AppIntel also provides information about ERCB applications used to answer non-compliance issues. When you are facing a non-compliance issue, it’s helpful to know how other companies dealt with the same problem.

Two companies faced the same non-compliance challenge on many pools. One company successfully overcame all the regulator objections quickly. But two years later the other company was still stuck in red tape not knowing how its competitor speedily came back into compliance.

AppIntel can help you:

•     Assure you can drill on schedule.

•     Protect your applications from closure by the ERCB.

•     Protect your company against non-compliance.

•     Protect your assets against drainage.

•     Keep up with the Joneses.

•     Be an early adopter of new technology.

~Granger J. Low

At low gas prices and high oil prices, it just makes sense to miscible flood.

If all the companies in Alberta injected low price gas into conventional oil reservoirs, Alberta’s recoverable reserves would increase by ten times. Alberta could increase its conventional reserves by about 30 billion barrels.

To put that in perspective, Alberta has only produced 16 billion barrels of conventional oil in its entire history. There’s more oil left to produce under miscible flooding than we have ever produced – in fact almost twice as much.

Miscible flooding all its conventional oil pools would take 1-3% of Alberta’s current gas production. Generally it takes about 500 scf to replace a barrel of oil in the reservoir.

Cost of gas injectant per barrel of oil is less than $2 per barrel at current gas prices. That doesn’t consider the value of blowing down and selling the gas after the flood is over.

If every conventional pool in Alberta were miscibly flooded with natural gas, it would require much less than $1 billion in facitlies capex and generate over $1 trillion in extra reserve value.

Talk to the miscible flood experts at Proven Reserves about taking advantage of low gas prices by miscibly flooding.

Connie Low is Proven Reserves’ Human Resources Manager having joined Proven’s team over 6 years ago.

Connie was born and raised in a small town in Southern Alberta where her father worked as a rancher and political activist.

Connie graduated from Brigham Young University with a Bachelor of Science in Education, and minored in Music. She worked as an Elementary School teacher until the birth of her third child, at which time she retired to teach piano privately.

Connie remains active in the community and involves herself with her children’s schools and various church activities.

In her spare time Connie enjoys travelling to new places and anything to do with music. She participates in various musical projects including musical theatre, a singing trio, and various solo efforts.

Thanks Connie!