21 xxi eia ari mongolia june 2013€¦ · tsagaan sou olia mongo ry ongolia has and southea and...

13
XXI. Mongo June, 2013 XXI. SUMMA M eastern Tamtsag China -- Tsagaan Sou olia MONGO ARY Mongolia has and southea and East G contain lac tsav and eq urce: ARI, 2013 OLIA s limited bu astern portio Gobi rift bas custrine mu uivalent form Figure XX ut locally sig ons of the sins - - whi dstone and mations. e XXI-1. Sedi EIA/ARI W XI-1 gnificant sha country, Fig ch resemble coaly sour mentary Basi World Shale Ga ale gas and gure XXI-1. e the oil-pro rce rocks w ns of Mongol s and Shale Oil d oil potentia The narrow oductive bas within the Lo ia Resource Asses al located in w and elong sins of north ower Cretac ssment n the gated heast ceous

Upload: others

Post on 19-Oct-2020

2 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: 21 XXI EIA ARI Mongolia June 2013€¦ · Tsagaan Sou olia MONGO RY ongolia has and southea and East G contain lac tsav and eq rce: ARI, 2013 LIA limited bu stern portio obi rift

XXI. Mongo

June, 2013

XXI.

 

SUMMA

M

eastern

Tamtsag

China --

Tsagaan

Sou

olia

MONGO

ARY

Mongolia has

and southea

and East G

contain lac

tsav and eq

urce: ARI, 2013

OLIA

s limited bu

astern portio

Gobi rift bas

custrine mu

uivalent form

Figure

XX

ut locally sig

ons of the

sins - - whi

dstone and

mations.

e XXI-1. Sedi

EIA/ARI W

XI-1

gnificant sha

country, Fig

ch resemble

coaly sour

mentary Basi

World Shale Ga

ale gas and

gure XXI-1.

e the oil-pro

rce rocks w

ns of Mongol

s and Shale Oil

d oil potentia

The narrow

oductive bas

within the Lo

ia

Resource Asses

al located in

w and elong

sins of north

ower Cretac

ssment

n the

gated

heast

ceous

Page 2: 21 XXI EIA ARI Mongolia June 2013€¦ · Tsagaan Sou olia MONGO RY ongolia has and southea and East G contain lac tsav and eq rce: ARI, 2013 LIA limited bu stern portio obi rift

XXI. Mongo

June, 2013

R

billion ba

place, Ta

olia

Risked, techn

arrels of shal

ables XXI-1 a

Table

Tabl

nically recov

le oil out of 5

and XXI-2.

e XXI-1. Shale

e XXI-2. Shale

Reservoir 

Properties Reservoir

Average TThermal MClay Cont

Resource

Gas Phas

GIP Conc

Risked G

Risked Re

Physical Exten

t Prospecti

Thicknes

Depth (ft)

Basic Data Ba

S

Depos

Reservoir 

Properties Reservo

AverageThermaClay Co

Resource

Oil Pha

OIP Co

Risked

Risked

Physical Extent Prospec

Thickne

Depth (f

Basic Data

Depo

XX

verable reso

55 Tcf and 8

e Gas Resourc

e Oil Resourc

OrganicallyNet IntervalAverage

r Pressure

TOC (wt. %)Maturity (% Ro)tent

se

centration (Bcf/mi2

IP (Tcf)

ecoverable (Tcf)

ive Area (mi2)

s (ft)

asin/Gross Area

hale FormationGeologic Age

sitional Environme

OrganicaNet IntervalAverage

oir Pressure

e TOC (wt. %)al Maturity (% Ro)ontent

ase

ncentration (MMb

OIP (B bbl)

Recoverable (B b

ctive Area (mi2)

ess (ft)

ft)

Basin/Gross Area

Shale FormationGeologic Age

ositional Environ

EIA/ARI W

XI-2

ources are e

85 billion bar

ces and Geolo

ces and Geolo

East G

(24,560

TsagaaL. Creta

Lacus

4,69

y Rich 600300

6,000 - 18,00

Norm

4.0%0.80

Medi

Assoc

31.

29.

2.3

2)

ent

East

(24,56

TsagaL. Cret

Lacu

4,

ally Rich 63

6,000 -8,

No

4.0.8

Me

O

4

4

1

)

bbl/mi2)

bbl)

a

n

ment

World Shale Ga

estimated at

rrels of riske

ogic Propertie

gic Properties

Gobi

0 mi2)

T

(6

antsav Tsaceous L. Ctrine L

90

0010,000 5,000

mal

%0%ium M

. Gas As

3

3

3

t Gobi

60 mi2)

T

(6,

aantsav Tsataceous L. Custrine La

690

600300- 10,000 5,0000

rmal N

.0%80%dium M

Oil

5.5

43

1.7

s and Shale Oil

t 4 Tcf of sh

ed shale gas

es of Mongolia

s of Mongolia.

Tamtsag

6,730 mi2)

agaantsavCretaceousacustrine

5,440

500250

000 - 9,0007,000

Normal

3.0%0.80%

Medium

ssoc. Gas

23.6

25.7

2.1

Tamtsag

,730 mi2)

agaantsavCretaceousacustrine

5,440

500250

00 - 9,0007,000

Normal

3.0%0.80%

Medium

Oil

39.3

43

1.7

Resource Asses

hale gas an

s and shale o

a.

.

ssment

d 3.4

oil in-

Page 3: 21 XXI EIA ARI Mongolia June 2013€¦ · Tsagaan Sou olia MONGO RY ongolia has and southea and East G contain lac tsav and eq rce: ARI, 2013 LIA limited bu stern portio obi rift

XXI. Mongo

June, 2013

T

forming c

areas ran

by extens

In

Devonian

oil seeps

discovere

Mongolia

M

low roya

basins h

developm

shale le

evaluatin

INTROD

W

density –

helping t

per-capit

consump

including

M

relatively

at about

near the

pipeline

while add

T

two basin

olia

The organic-

combustible

nging from 7

sive faulting

n addition,

n age that m

s have bee

ed. Data o

a are covere

Mongolia has

lty (12.5%)

ave been le

ment of deep

asing or ex

ng the Khoid

DUCTION

With a popula

– only 1.8 in

o boost Mon

ta GDP is ex

ption is rising

g what soon

Most of Mong

y shallow an

5,000 bbl/da

e border wit

infrastructur

ditional capa

Three of Mon

ns could be

rich shales

e oil shale, b

7,000 to 8,00

.

northweste

more closely

n reported

n this Devo

d by non-pro

s an establis

and corpora

eased for co

p shale oil/g

xploration d

Ulaan Bula

ation of abo

nhabitants p

ngolia’s GDP

xpected to re

g rapidly as t

may be the

golia is cove

d sparsely d

ay, limited to

th China. M

re. Petroleu

ability may b

ngolia’s sed

quantitative

XX

of Mongolia

but reach oi

00 ft. Howe

ern Mongol

resemble N

in this rem

nian shale d

ospective ba

shed conven

ate income

onventional

gas resource

drilling activ

g oil shale d

out 3 million

per km2 or a

P by an exp

each $10,00

the country d

world’s large

ered by igne

drilled sedim

o two oil fiel

Mongolia ha

um drilling se

e sourced o

dimentary ba

ely evaluated

EIA/ARI W

XI-3

a are therm

il maturity (m

ver, these tr

ia has ma

North Americ

ote region

deposit are

asement tha

ntional oil an

tax (25%).

petroleum e

es have not

vity has oc

deposit.

people, Mon

about half th

ected 25% p

00 by 2020,

develops its

est copper m

eous and m

mentary basin

ds in the Ea

as no comm

ervices are a

out of oil field

asins may h

d; geologic

World Shale Ga

mally immatu

maximum R

roughs are r

arine-deposit

ca commerc

but no sign

extremely l

t lacks sedim

nd gas inves

Nearly all o

exploration.

yet been pr

ccurred, alth

ngolia has t

hat of Cana

per annum o

up three-fol

s considerab

mine at Oyu

metamorphic

ns, Figure X

ast Gobi Bas

mercial natu

available loc

ds in northea

have limited

data are sp

s and Shale Oil

ure near the

Ro of 0.8 to

relatively sm

ted organic

cial shale lith

nificant oil f

imited. Mos

mentary stra

stment regim

of the count

Regulation

romulgated

hough Petro

the world’s l

ada. Mining

over the com

ld from the c

ble mineral a

Tolgoi.

rocks but t

XXI-1. Oil pr

sin in southe

ural gas pro

cally in the

ast China.

shale oil p

parse. The m

Resource Asses

e surface, lo

1.0%) in de

mall and disru

c-rich shale

hology. Spo

fields have

st other are

ata.

me with rela

try’s sedime

ns governing

in Mongolia

o Matad Lt

owest popu

g developme

ming decade

current leve

nd coal dep

there are se

roduction is

eastern Mon

oduction nor

East Gobi B

otential, but

most prospe

ssment

ocally

eeper

upted

es of

oradic

been

eas in

atively

entary

g the

a. No

td. is

lation

ent is

e and

l. Oil

osits,

everal

small

ngolia

r gas

Basin,

t only

ective

Page 4: 21 XXI EIA ARI Mongolia June 2013€¦ · Tsagaan Sou olia MONGO RY ongolia has and southea and East G contain lac tsav and eq rce: ARI, 2013 LIA limited bu stern portio obi rift

XXI. Mongo

June, 2013

areas for

These ba

has sma

In

Mongolia

although

formed o

Mongolia

Carbonife

Paleozoi

TOC rep

source ro

1. E

1.1 In

T

with Chin

central C

strike wit

more ge

structura

T

containin

Lower Cr

deposited

depths, b

olia

r both conve

asins are re

ll commercia

n addition, th

a close to th

public data

on platforms

an basemen

erous–Perm

c collisions

portedly is lo

ocks are rem

EAST GOBI

ntroduction

The 25,000-m

na, accessib

China. Mon

th and simil

eologic data

l geology wi

The East Go

ng Jurassic t

retaceous s

d under lac

becoming oil

entional and

latively sma

al oil product

here is a no

he border w

a there are

s of the Sib

nt. Devonia

mian coal a

and represe

ow (0.58% to

mote, poorly

I BASIN

n and Geo

mi2 East Gob

ble along th

golia’s only

lar to oil-pro

a are availa

th these adj

obi Basin co

to Early Cret

hales that o

ustrine cond

l prone in the

XX

d shale oil e

ll and some

tion.

on-productive

with Russia t

lacking. Th

berian passiv

n shale also

and coaly

ent the begin

o 1.68%) an

understood,

logic Setti

bi Basin is lo

he main hig

significant c

oductive Me

able. The

oining basin

omprises a

taceous fluv

ccur in the E

ditions. The

e deep troug

EIA/ARI W

XI-4

exploration a

what comple

e and poorly

that may ha

hese include

ve margin,

o is present

mudstone

nning of non

nd oil prone

, and appea

ng

ocated in so

hway betwe

commercial

esozoic rift b

East Gobi

ns in northwe

number of

vial to lacust

East Gobi B

ermal matur

ghs that sou

World Shale Ga

are the East

ex structura

y defined De

ave conventi

e Riphean–

predating a

t here and

samples im

n-marine de

(Tmax of 429

r to have litt

outheastern

een the cap

oil-producin

basins in no

Basin shar

est China.

discontinuou

trine sedime

asin frequen

rity of the s

rced the sha

s and Shale Oil

t Gobi and

lly; only the

evonian dep

ional and sh

Cambrian c

assembly of

oil seeps h

mmediately

eposition in c

9 to 441).1

le shale oil p

Mongolia clo

pitol Ulan B

ng region, th

ortheast Chi

res similar

us, fault-bou

ents, Figure

ntly have hig

hale is imm

allow conven

Resource Asses

Tamtsag ba

East Gobi B

posit in north

hale oil pote

carbonates w

the presen

ave been n

postdate t

central Mong

Moreover, t

potential.

ose to the b

ataar and n

he basin is a

ina, where m

stratigraphy

unded rift b

XXI-2. The

gh TOC but

mature at sh

ntional oil fie

ssment

asins.

Basin

hwest

ential,

which

nt-day

noted.

these

golia.

these

order

north-

along

much

y and

asins

thick

were

hallow

elds.

Page 5: 21 XXI EIA ARI Mongolia June 2013€¦ · Tsagaan Sou olia MONGO RY ongolia has and southea and East G contain lac tsav and eq rce: ARI, 2013 LIA limited bu stern portio obi rift

XXI. Mongo

June, 2013

Fi

T

defined

depressio

fault-bou

areas (>

(3,090 m

troughs,

olia

igure XXI-2. S

Source: ARI,

The East Gob

broadly by

ons, separa

nded trough

6,000 ft) co

mi2) and Zuu

some formin

Stratigraphy o

, 2013

bi Basin con

gravity and

ated by base

hs with good

over only a

nbayan (1,6

ng conventio

XX

of Shale Sourc

ntains four m

d seismic da

ement highs

d quality sou

relatively s

600 mi2), Fig

onal oil traps

EIA/ARI W

XI-5

ce Rocks and

main sub-bas

ata.2 The s

that are ex

urce rock mu

mall area.

gure XXI-3.

s.

World Shale Ga

Conventiona

sins within a

sub-basins

xposed over

udstones ca

The larges

Uplifted fau

s and Shale Oil

l Reservoirs in

a 200- by 40

contain disc

r much of th

n occur. Ho

st sub-basin

ult blocks oc

Resource Asses

n Mongolia

00-mi area th

continuous

he region. D

owever, the

ns are the U

ccur within t

ssment

hat is

deep

Deep,

deep

Unegt

these

Page 6: 21 XXI EIA ARI Mongolia June 2013€¦ · Tsagaan Sou olia MONGO RY ongolia has and southea and East G contain lac tsav and eq rce: ARI, 2013 LIA limited bu stern portio obi rift

XXI. Mongo

June, 2013

Figure

Source: Ma

C

from two

million ba

produced

conventio

the Tsag

shales.

gravity av

E

including

(left-later

Jurassic

compres

displacem

Cretaceo

B

of the Pa

Jurassic

sandston

olia

e XXI-3: Seis

nas Petroleum C

Conventional

o small antic

arrels from s

d smaller v

onal reservo

gaantsav and

Original oil

verages 28°

Each sub-bas

g thick lacust

ral) faults bo

to Early C

sion and in

ment along

ous east-wes

Basement in

aleozoic Tav

Khamarkho

nes and lacu

mic Line AcroShowing the

Corp., 2012

reservoirs

clinal oil fiel

shallow dept

volumes fro

oirs compris

d Zuunbayan

in place at

° API.3

sin contains

trine-deposit

ound the su

Cretaceous

version alon

g northeast

st shortening

the East Go

van Tolgoy

oovor Forma

ustrine-deltai

XX

oss the Zuunbeir Relatively S

in the East

ds. The Zu

ths (2,000 to

m depths o

ing lacustrin

n formations

the two fie

up to 13,00

ted mudston

ub-basins.

rifting (nort

ng pre-exist

faults dur

g.

obi Basin co

sequence.

ation, a pre-

ic shale, inc

EIA/ARI W

XI-6

bayan and UneSmall Size and

Gobi Basin

uunbayan o

o 2,500 ft), w

of 4,265 to

ne siltstones

s, which wer

lds totaled

00 ft of Midd

ne. Northeas

The structu

h-south ext

ting faults, r

ring the M

onsists of me

The oldest

-rift sequenc

luding thin c

World Shale Ga

egt Sub-basind Complex St

n currently p

il field has

while the nea

o 4,600 ft.

s, sandstone

re sourced b

an estimate

le Jurassic t

st-trending,

ural history

tension), Ea

renewed sed

Mid-Cretaceo

etamorphose

t sedimentar

ce consisting

coal seams.

s and Shale Oil

ns within the Etructure.

produce abo

produced a

arby Tsagaa

Both field

es and cong

by the interb

ed 150 Mmil

to Tertiary s

mainly norm

of the regio

arly Cretace

dimentation

ous, followe

ed sandston

ry unit is th

g of up to 2

Although a

Resource Asses

East Gobi Bas

out 5,000 bb

total of abo

n Els oil field

ds produce

glomerates w

bedded lacus

llion barrels

sedimentary

mal and strik

on includes

eous north-s

and right-la

ed by post

ne and carbo

e Lower to

2,500 ft of f

a potential so

ssment

in

bl/day

out 6

d has

from

within

strine

. Oil

rock,

ke slip

Mid-

south

ateral

t-Late

onate

Mid–

fluvial

ource

Page 7: 21 XXI EIA ARI Mongolia June 2013€¦ · Tsagaan Sou olia MONGO RY ongolia has and southea and East G contain lac tsav and eq rce: ARI, 2013 LIA limited bu stern portio obi rift

XXI. Mongo

June, 2013

rock, the

overlying

conglome

O

Lower Cr

sequence

shale se

tuffs, and

sandston

A

laminated

grained

interprete

by micro

1.5% to

0.5 and 1

middle o

indicates

T

consists

Hauterivi

is coaly,

developm

D

East Gob

suggests

a lower

numerou

olia

e Khamarkho

g this unit is

erate with m

Overlying the

retaceous Ts

e 1,000 to 2

ction interbe

d basalt. Th

ne reservoir

A 125-m thick

d mudstone

units are in

ed as distal

-lamination,

15% for sha

10, respectiv

oil window. O

s a lacustrine

The other po

of up to 3,2

ian to Albian

probably cla

ment.

Deep portion

bi Basin ma

s that peak o

rate to the

us closely sp

oover seldo

s the Sharly

minor lacustri

e Sharlyn F

sagaantsav

2,300 ft thick

edded with d

he unit grade

at the Tsaga

k core sectio

e and micrit

nterbedded

lacustrine tu

biogenic py

ale, mainly o

vely, indicat

Oil quality is

e algal sourc

otential shale

200 ft of sa

n time under

ay-rich, and

s (6,000 to 1

y be oil pron

oil generatio

present day

paced faults t

XX

om crops ou

yn Formation

ine shale.

Fm are the

and Zuunba

k that locally

dark gray sa

es upward fr

aan Els and

on in the Tsa

te, dolomitic

with grains

urbidites. An

yrite, high TO

oil-prone Typ

ing good qu

s waxy with

ce.4

e target is th

ands and mi

r non-marine

likely less b

10,000 ft) of

ne and offer

n occurred d

y. However

that may lim

EIA/ARI W

XI-7

ut and rema

n, containing

primary sha

ayan formati

can contain

andstones a

om alluvial f

Zuunbayan

agsaantsav

c breccia, a

stone and t

noxic, stratif

OC, and car

pes I and II

ality source

h 20-35% pa

he Lower C

inor interbed

e to paralic e

brittle, thus n

f the Unegt,

r potential s

during the C

r, the East G

mit its potenti

World Shale Ga

ains poorly u

g up to 600

ale targets i

ons. The Ts

n thick oil sha

and conglom

fan to lacust

oil fields.

Fm was des

and calcare

thin, norma

fied lake-bot

rbonate prec

kerogen. S

rocks. The

araffin and

retaceous Z

dded shales

environment

not a very pr

Zuunbayan

hale oil targ

Cretaceous (

Gobi Basin

al for shale

s and Shale Oil

understood.

0 ft of fluvia

in the East

sagaantsav

ale, is mainl

merates, silts

trine facies,

scribed as co

eous siltston

ally graded

ttom conditio

cipitation. T

S1 and S2 v

ermal maturi

high pour p

Zuunbayan F

s and tuffs

ts. However

rospective ta

, and other s

gets. Burial

(90 to 100 M

is structura

oil developm

Resource Asses

Unconform

al sandstone

Gobi Basin

Fm, a late s

ly an organic

stones, brigh

becoming a

onsisting of

ne. These

sandstone

ons are indic

TOC ranges

values are a

ty is immatu

point. Oil ty

Formation, w

deposited d

r, the Zuunb

arget for sha

sub-basins i

history mod

Ma), continui

lly complex,

ment.

ssment

mably

e and

n, the

synrift

c-rich

ht-red

a lithic

finely

fine-

beds

cated

from

above

ure to

yping

which

during

bayan

ale oil

in the

deling

ing at

, with

Page 8: 21 XXI EIA ARI Mongolia June 2013€¦ · Tsagaan Sou olia MONGO RY ongolia has and southea and East G contain lac tsav and eq rce: ARI, 2013 LIA limited bu stern portio obi rift

XXI. Mongo

June, 2013

1.2 R

W

in the Ea

300 ft (n

estimated

the silty l

1.3 R

T

and 43 b

1.7 billio

closest in

the shall

productiv

1.4 E

N

Calgary-b

targets in

Limited is

deposit r

containin

liter of 29

2 T

2.1 In

A

extreme

number o

300 km,

Cretaceo

olia

Reservoir P

Within the 4,6

ast Gobi Ba

et) of organ

d 4.0% and

ithology. Th

Resource A

The Tsagaan

billion barrels

n barrels of

nternational

low western

ve.

Exploration

No shale oil

based Mana

n this basin

s evaluating

reportedly h

ng carbonate

9° API oil fro

TAMTSAG

ntroduction

Although geo

eastern Mo

of isolated, f

Figure XXI-

ous Tsagaan

Properties

690-mi2 high

asin, the Low

ic-rich lacus

is oil-prone

he reservoir

Assessmen

ntsav Forma

s of risked s

shale oil m

analog appe

n Cooper Ba

n Activity

or shale ga

as Petroleu

n but has no

g Khoid Ulaa

has similar

e, quartz, an

om a 10-kg s

BASIN

n and Geo

ologically sim

ngolia has n

fault-bounde

-4. Just as

ntsav and Zu

XX

(Prospecti

h-graded pro

wer Cretace

strine shale

e (Ro averag

pressure gra

nt

ation contain

shale oil in-p

may be techn

ears to be th

asin, althou

as exploratio

m Corp. is

ot discussed

an Bulag oil

mineralogy

nd feldspar m

sample.6

logic Setti

milar to the

no commerc

ed troughs th

in the East

uunbayan fo

EIA/ARI W

XI-8

ive Area)

ospective are

eous Tsagaa

at an averag

ging 0.8%).

adient is nor

ns an estima

place, of wh

nically recov

he oil-prone

gh these ha

on or leasing

conducting

d its shale

shale depos

to the Gree

mineralogy.

ng

East Gobi

cial oil and g

hat trend WS

t Gobi Basin

rmations, wi

World Shale Ga

ea of the Un

antsav Form

ge depth of

Porosity m

rmal.

ated 29 Tcf

hich 2.3 Tcf

verable (both

window of t

ave not yet

g has occur

petroleum

potential.5

sit in Block

en River Fo

Extended F

Basin, the

gas product

SW-ENE alo

n, potential

ith TOC ave

s and Shale Oil

negt and Zu

mation conta

8,000 ft. T

may be signif

of risked sh

of associate

h risked), T

the REM lac

t been prov

rred in the E

exploration

London-bas

IV for poten

ormation in

Fischer Ana

6,700-mi2 T

tion. The ba

ong an exten

source rock

eraging abou

Resource Asses

unbayan tro

ins an estim

TOC average

ficant (6%) g

hale gas in-

ed shale gas

able XXI-1.

custrine sha

ven commer

East Gobi B

for convent

sed Petro M

ntial mining.

Wyoming,

alysis yielded

Tamtsag Bas

asin compris

nt of about 8

ks are the L

ut 3%.

ssment

oughs

mated

es an

given

place

s and

The

les in

rcially

Basin.

tional

Matad

This

USA,

d one

sin in

ses a

80 by

Lower

Page 9: 21 XXI EIA ARI Mongolia June 2013€¦ · Tsagaan Sou olia MONGO RY ongolia has and southea and East G contain lac tsav and eq rce: ARI, 2013 LIA limited bu stern portio obi rift

XXI. Mongo

June, 2013

Figure

In

faulted g

Cretaceo

blocks a

towards

intrusive

olia

XXI-4. WesteShales a

Source: P

nternally the

grabens crea

ous transpre

nd anticlines

the northea

rocks.8

ern Tamtsag Bare Buried to O

Petro Matad Ltd

e Tamtsag B

ated by rifti

ession forme

s. Structura

ast. The b

XX

Basin ShowinOver 5,000 ft a

., 2012

Basin comp

ng and Mid

ed structura

al complexity

asement co

EIA/ARI W

XI-9

g Small Isolatand May Reach

rises a num

d-Cretaceous

al traps in c

y is most pr

onsists of D

World Shale Ga

ted Structuralh Oil-window

mber of upli

s basin inve

conventional

ronounced i

Devonian to

s and Shale Oil

Troughs whe Thermal Matu

fted fault bl

ersion, Figu

l targets, no

n the southw

Permian m

Resource Asses

ere Source Rourity.

locks and d

ure XXI-5.7

otably tilted

west, decrea

metamorphic

ssment

ock

down-

Late

fault

asing

c and

Page 10: 21 XXI EIA ARI Mongolia June 2013€¦ · Tsagaan Sou olia MONGO RY ongolia has and southea and East G contain lac tsav and eq rce: ARI, 2013 LIA limited bu stern portio obi rift

XXI. Mongo

June, 2013

Figure XX

T

volcanic

fluvio-de

mudston

to andes

consist o

lacustrine

of the ba

T

stratigrap

experien

to the T

basins.

Cretaceo

Basin. T

levels.

olia

XI-5. Seismic l

Source: Petro

The Tamtsag

sedimentar

ltaic conglo

es and shale

sitic) with m

of fluvio-de

e shales. Y

sin, conceal

The Tamtsag

phically and

ced shale ex

amtsag, the

Coal depos

ous Nantun

The Hailaer

line in the Tsa

o Matad, 2010

g Basin cont

ry rocks. G

merates an

es. The bas

minor interbe

ltaic conglo

Younger Cen

ling the Mes

g Basin is

genetically

xploration, it

e Hailaer Ba

sits and car

Formation a

Basin oil fie

XX

amtsag Basin

tains up to 1

Grain texture

d sandstone

sal Upper Ju

edded sedim

omerates an

nozoic congl

sozoic units.9

on trend w

similar Mes

t is oil produ

asin actually

rbonaceous

are consider

elds produce

EIA/ARI W

XI-10

Showing Sou

13,000 ft of

e fines upw

e in the low

urassic cons

ments. The

nd sandsto

omerates, s

9

with the Ha

ozoic rift ba

ucing and thu

y comprises

mudstones

red the majo

e with high w

World Shale Ga

urce Rocks Bu

Mid-Jurassic

ward from co

wer section

sists mainly o

e overlying

nes that fi

sandstones,

ailaer Basin

sin. Althoug

us has much

s over 20 in

s within the

or petroleum

water cut an

s and Shale Oil

uried to a Dept

c to Tertiary

oarse contin

transitionin

of volcanic d

Lower Cret

ne upward

and mudsto

n of northe

gh the Haila

h better data

ndividual fau

upper porti

m source roc

nd have loca

Resource Asses

th of about 6,0

y non-marine

nental rift-fil

ng into lacus

deposits (ba

taceous dep

into deepw

ones cover m

astern Chin

aer Basin ha

a control. S

ult-bounded

on of the L

cks in the Ha

ally elevated

ssment

000 ft.

e and

l and

strine

asaltic

posits

water

much

na, a

as not

imilar

sub-

Lower

ailaer

d CO2

Page 11: 21 XXI EIA ARI Mongolia June 2013€¦ · Tsagaan Sou olia MONGO RY ongolia has and southea and East G contain lac tsav and eq rce: ARI, 2013 LIA limited bu stern portio obi rift

XXI. Mongo

June, 2013

T

lacustrine

ranges fr

0.7%) be

samples

occurs in

In additio

levels of

the Yans

Figure XX

olia

The Nantun

e environme

rom 0.23% t

elow a dept

above 435

n the Hailaer

on, the Lowe

up to 90%,

shan Orogen

XI-6. Vitriniteof C

Formation w

ents. Organ

to 16.67%, a

h of about

5°C, indicati

r Basin, evid

er Cretaceou

which has b

ny.12

Reflectance IChina’s Hailae

Sou

XX

was deposit

nic carbon c

averaging 2

6,500 ft, Fig

ing oil-pron

ently due to

us conventio

been isotop

Increases to Aer Basin, Adja

urce: Liu et al., 2

EIA/ARI W

XI-11

ted within fa

content of th

.56%. The

gure XXI-6,1

e kerogen.1

poor reserv

onal sandsto

ically linked

About 0.8% Rocent to the Ta

2009

World Shale Ga

an delta fron

he organic-ri

mudstone b

10 while Tmax

11 Limited

voir condition

one reservoi

with granite

o at a Depth oamtsag Basin

s and Shale Oil

nt, pro-fan d

ch mudston

becomes oil-

x averages 4

conventiona

ns and high

irs can conta

e intrusions

f 2.5 Km in th in Mongolia.

Resource Asses

delta, marsh

ne within this

-prone (Ro a

447°C with

al oil produ

water satura

ain elevated

emplaced d

e Wuerxun Tr

ssment

h and

s unit

above

most

uction

ation.

d CO2

during

rough

Page 12: 21 XXI EIA ARI Mongolia June 2013€¦ · Tsagaan Sou olia MONGO RY ongolia has and southea and East G contain lac tsav and eq rce: ARI, 2013 LIA limited bu stern portio obi rift

XXI. Mongo

June, 2013

2.2 R

W

small tro

an estim

TOC ave

significan

2.3 R

T

barrels o

may be

appears

Basin, al

2.4 E

N

does the

conductin

REFERE

1 Petroleum

2 Prost, G.Petroleum

3 Pentilla, W

4 Johnson,CharacteGeologist

5 Manas Pe

6 Petro Mat

7 Petro Mat

8 Henk, A.,Mongolia

9 Geerdtz, PPoster, T

olia

Reservoir P

Within the 5,4

ughs within

ated 250 fe

erages an e

nt (6%) given

Resource A

The Tsagaan

of shale oil in

technically

to be the oil

though thes

Exploration

No shale oil o

e basin pro

ng exploratio

ENCES

m Authority of Mo

.L., 2004. “Tecm Geologists, Bu

W.C., 1994. “The

C.L., Greene,ristics and Corrts, Bulletin, vol.,

etroleum Corp., C

tad Limited, Inter

tad Limited, Corp

Davaa, B., Gee.” Geophysical

P., Vogler, M., DSK 11 Goettinge

Properties

440-mi2 high

the Tamtsag

et (net) of o

estimated 3

n the silty lith

Assessmen

ntsav Forma

n-place, of w

recoverable

l-prone wind

e have not y

n Activity

or shale gas

oduce oil or

on drilling fo

ongolia, persona

ctonics and Hydulletin, vol., 88, p

e Recoverable O

T.J., Zinniker,relation of Oil a 87, p. 817-846.

Corporate Prese

rim Results for th

porate Presentat

erdts, P., VogleResearch Abstra

Davaa, B., and Hen,

XX

h-graded pro

g Basin, the

organic-rich

.0% and is

hology.

nt

ation contain

which 2.1 Tcf

(both riske

dow of the R

yet been pro

s exploration

r gas from

r convention

al communication

drocarbon Systep. 483-513.

Oil and Gas Reso

D.A., Moldownd Nonmarine

entation, Septem

he Six Months E

tion, November

r, M., and Wemacts, vol. 9, p. 24

Henk, A., 2006.

EIA/ARI W

XI-12

ospective are

Lower Creta

lacustrine s

oil-prone (R

ns an estima

f of associate

ed), Table X

REM lacustrin

oven comme

n or leasing

conventiona

nal reservoir

n, July 2011.

ems of the Eas

ources of Mongo

an, J.M., HendSource Rocks f

mber, 2012, 29 p

Ended 30 June, 2

2010.

mmer, K., 2007. 415.

“Evolution of th

World Shale Ga

ea that is di

aceous Tsag

shale at an a

Ro averagin

ated 26 Tcf

ed gas and

XXI-1. The

ne shales in

ercially produ

has occurre

al reservoir

rs in this bas

st Gobi Basin,

olia.” Journal of

drix, M.S., and from Mongolia.”

.

2012, 10 p.

“Structure and

he Tamtsag Bas

s and Shale Oil

stributed am

gaantsav Fo

average dep

ng 0.8%).

f of shale ga

1.7 billion ba

closest inte

the shallow

uctive.

ed in the Ta

rs. PetroCh

sin.

Mongolia.” Am

f Petroleum Geo

Carroll, A.R., ” American Ass

Evolution of the

sin / NE-Mongol

Resource Asses

mongst nume

ormation con

pth of 7,000

Porosity ma

as and 43 b

arrels of sha

ernational an

w western Co

mtsag Basin

hina is curr

merican Associa

ology, vol. 17, p.

2003. “Geochsociation of Pet

e Tamtsag Basi

ia — part I: Bas

ssment

erous

ntains

feet.

ay be

billion

ale oil

nalog

ooper

n, nor

rently

ation of

89-98.

hemical troleum

in / NE

sin Fill.”

Page 13: 21 XXI EIA ARI Mongolia June 2013€¦ · Tsagaan Sou olia MONGO RY ongolia has and southea and East G contain lac tsav and eq rce: ARI, 2013 LIA limited bu stern portio obi rift

XXI. Mongo

June, 2013

10 Liu, X.Y

Formation

11 Wang, JHydrocarArticle #1

12 Gao, Y.QBasin, No

olia

Y., Deng, H.W., n in Wuerxun De

.G., Chen, G.P.,rbon in Huhehu 0266.

Q., Liu, L., and Hortheastern Chin

Di, Y.X., Gao,

epression, Haila

and Wang, T.QSag, Hailaer Ba

Hua, W.X., 2009na.” Applied Geo

XX

X.P., Wang, J.er Basin.” Petro

Q., 2010. “The Gasin, China.” A

9. “Petrology anochemistry, vol.

EIA/ARI W

XI-13

K., and Long, G

oleum Geology a

Geochemical Chamerican Associa

d Isotopic Geoc24, p. 1724-173

World Shale Ga

G.Q., 2009. “Hand Testing, vol.

aracteristics of Cation of Petroleu

chemistry of Daw38. 

s and Shale Oil

High Quality Sou. 31, p. 68-73 (in

Coal Measure Sum Geologists,

wsonite-Bearing

Resource Asses

urce Rocks of

n Chinese).

trata and Coal-DSearch and Dis

Sandstones in

ssment

Nantun

Derived scovery

Hailaer