Ash Creek Field:

Overview:

• Field discovered in 1952 – 8.2 MBBL produced to date from Shannon reservoir
• Field was abandoned in 1997 whilst producing 30 BOPD
• Elk entered into a 50% joint venture in 2006 as operator
• Elk equity interest increased to 100% in 2007
• Elk completed leasing all of Ash Creek acreage in 2008

Operations:

• There are no current producing operations at Ash Creek – all wells were abandoned in 1997
• South Ash Creek (owned by others) is producing 35 BOPD from the Shannon reservoir in a similar but separate structure
• Elk is negotiating to obtain copies of all Ash Creek well files with the view to re-enter selected wells

Projects:

Upper Sands:

• Opportunity in un-exploited Upper Sand reservoir(s)
• A number of additional potential oil reservoirs are present at Ash Creek
• Electric logs through the upper sands of the earlier wells indicate high resistivity which can be associated with hydrocarbon bearing formations
• Historically, gas has been produced from upper sands to powered and fuel Shannon reservoir oil operations
• An existing well with appropriate behind pipe isolation will be considered as a means of testing the upper sands or alternatively, a shallow well will be drilled

Enhanced Oil Recovery:

• The Shannon reservoir has the potential to be further exploited by applying tertiary enhanced oil recovery techniques
• Chemical flooding is expected to provide the best economic result of the possible EOR options
• Elk expects to engage OU to conduct a chemical flood of the Shannon reservoir after it has completed its study of the Grieve Muddy EOR using chemical flooding

 

Project Photos:

Photos of the Ash Creek oil fields can be found here.