Technical
Expertise
TECHNICAL EXPERTISE
Quantum has assembled an Exploration Team of highly competent and
knowledgeable professionals with extensive experience, who have been
intimately associated with all aspects of acquiring, developing,
operating and managing oil and gas producing properties. Quantum and
its Strategic Partners have substantial experience in the complete
coordination and administration in the areas of drilling, completion,
production, and workover operations. Quantum also makes extensive use
of qualified contractual and independent consulting technical
specialists relative to geological, geophysical and engineering areas of
expertise during each of these upstream operational activities.
Quantum makes specific use of the best service companies available
relative to its drilling and completion operations. Various photos
attached reflect the activities of Schlumberger Wireline Services and
Halliburton Energy Services, during some of the logging and perforating
operations by Schlumberger, and the cementing operations by
Halliburton, on recent Quantum Energy Projects.
Independent Drilling Contractors are
utilized in connection with the drilling of vertical and Horizontal
Wells. Several photos illustrate these operations, and the various ancillary equipment employed in the
hydraulic fracturing of Horizontal Wells, particularly in the
Haynesville Shale Formation. The use of underbalanced drilling
techniques, combined with extensive "frac operations", can result in
significantly improved production of natural gas and oil, even greater
than with customary vertical wells.
For a reservoir rock formation to
be a commercial producer of oil and natural gas, three (3) basic
characteristics need to exist.
1. A formation Drive that can push and force the natural
gas and oil toward the Wellbore that was drilled. This Drive can be a
Water Drive, a Gas-Solution Drive, or a Gas Cap Drive. Many Drives are
a combination of these.
2. A formation with Porosity. The rock must have
sufficient "Pore Spaces" that can hold the oil and natural gas. These
Pore Spaces can be equated with the size of the individual rooms in your
house.
3. A formation with Permeability. The rock must have
sufficient "doorways" and "hallways" to permit the oil and natural
gas to move (flow) from one room, out the door, down the hallway, to
another room, then thru that doorway down the hallway to another room,
and so forth, until the oil and natural gas reach the Wellbore.
The Haynesville Shale Formation has extremely low permeabilities, and
thus prior attempts to produce the Formation with vertical wells had
marginal results. Today's modern drilling methods now permit the
drilling of Horizontal Wells that can extend for thousands
of feet horizontally in the Shale Formation. After perforation, a
significant hydraulic fracturing operation is performed on the Shale,
that cracks and "fracs" the Formation to create new "hallways" and
"doorways" to permit large amounts of oil and gas to quickly escape from
all the "rooms" (Pores Spaces), where they had previously been trapped.
This is called "Secondary Permeability", and once these fractures are
created thru the implementation of strong pressures applied to the
Formation, a "Propant" is forced out into these fractures to hold them
open once these pressures are removed.
Quantum Energy and its Strategic Partners fully utilize these modern
technological drilling procedures to further enhance production rates
and overall performance. The full development of the Mineral Leases
that Quantum acquires is greatly increased by the implementation of these
innovative procedures. This results in substantially higher Royalty
Revenues to the Mineral Owners.
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