The Geological and Engineering Characteristics of the Reservoir Sample Clauses

The Geological and Engineering Characteristics of the Reservoir. The Alaska Administrative Code necessitates that a unit must encompass the minimum area required to include all or part of one or more oil or gas reservoirs, or potential hydrocarbon accumulations. 11 AAC 83.356(a). DNR technical staff evaluated all data provided by the unit operator to determine if the proposed unit area met those criteria. The data provided by BP included structure and isopach maps, interpreted seismic data and other geologic displays. The data are confidential and therefore are not discussed in detail here. The State’s evaluation of the subsurface geology supports the configuration of the unit area as proposed. DNR’s review of the geologic information supports the inclusion of all leases identified in the unit application within the proposed unit area.
Sample 1
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The Geological and Engineering Characteristics of the Reservoir. State regulation requires that a unit must encompass the minimum area required to include all or part of one or more oil or gas reservoirs, or potential hydrocarbon accumulations. 11 AAC 83.356(a). DNR technical staff evaluated all data provided by the unit applicant to determine if the proposed unit area met those criteria. The data provided included structure and isopach maps, interpreted seismic data, and other geological displays. The data are confidential and therefore are not discussed in detail here. Because the unit is in the exploration phase, there are no engineering data at this time. The Division’s evaluation of the subsurface geology supports the configuration of the unit area as proposed. The operator has acknowledged that the unit area encompasses all or part of a potentially oil bearing reservoir in the Kuparuk River Formation. The initial two xxxxx will be drilled to depths sufficient to penetrate the Kuparuk River Formation or 8,600 feet TVD, whichever is the lesser. The Division’s review of the geological information supports the inclusion of all leases identified in the unit application within the proposed unit area.
Sample 1
The Geological and Engineering Characteristics of the Reservoir. The State’s regulations necessitate that a unit must encompass the minimum area required to include all or part of one or more oil or gas reservoirs, or potential hydrocarbon accumulations. 11AAC83.356(a). DNR technical staff evaluated all data provided by the proposed unit operator to determine if the proposed unit area met those criteria. The data provided included interpreted seismic and electric log data as well as geologic cross sections, structure and isopach maps and other geologic displays. The data are confidential and therefore are not discussed in detail here. The state’s evaluation of the subsurface geology supports the configuration of the unit area as proposed. The unit operator has demonstrated that a legitimate geologic prospect may occur in the basal Brookian interval at a depth of 13,000 feet or less. DNR’s review of the geologic information supports the inclusion of all the leases identified in the unit application within the proposed unit area.
Sample 1

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