Geologic Workflows

Geology and geophysics

Over the past ten years, domestic exploration efforts have seen capital allocations for large, onshore 3D data acquisitions and drilling budgets in conventional trends redirected towards unconventional, capital intensive shale resource plays.  This movement has left behind scalable development opportunities with low to moderate risk profiles.

In this current commodity price climate, it is the conventional basins with established, long reserve life, 3D seismic databases, and low geologic risk – that offer scalable projects with significant economic potential.

In these conventional basins, Magna leverages its geoscience and engineering expertise to identify new, underdeveloped, and bypassed reserves.  Our data-intensive process enables us to prioritize the most prospective areas within a productive trend.  Magna internally generates and operates its prospects with emphasis on detailed 3D geophysical AVO interpretation using our sizable onshore seismic database. Over the last ten years, Magna has invested in the proven conventional trends with the acquisition and reprocessing of existing seismic data bases.

Asset creation belongs to the innovators who capture niche opportunities using technological advances in the geophysical, geological and operational disciplines.  Advantages to such focused contrarian strategies targeting conventional basins with pre-existing 3D data coverage and advanced AVO reprocessing techniques offer steady deal flow with superior returns to the investor.

Exploration Workflows

Magna’s success is based on the ordered application of well-defined G&G workflows that include integration and refinement of geologic subsurface well data with large reprocessed pre-stack migrated 3-D seismic surveys, AVO processing / DHI analyses and sequence stratigraphy modeling.

Prospect generation focuses on traditional structural high-side and four-way closures along known producing lineaments with associated paleo highs as well as more complex sequence stratigraphic traps.  This workflow requires detailed modeling and basinward projections of systems.  Sequence stratigraphic traps have generally been misunderstood and ignored.  Sequence-strat traps of this nature hold undeveloped oil potential.

Significant drilling risk can be mitigated by testing lead areas with multiple 3D AVO DHI attribute analysis before classifying acreage as prospect worthy.