Junex Inc. has applied with Quebec’s government for a 20-sq-km production lease on its Galt oil prospect in eastern Quebec. The company’s application focuses on the central portion of the Galt structure, which was mapped from data in the company’s 37-sq-km 3D survey conducted in 2015.
As early as 2012, Junex said its Galt-4 stepout well 20 km west of Gaspe encountered an oil column from 760-1,757 m at a total depth of 2,000 m (OGJ Online, Sep. 25, 2012). The Galt-4 wellsite is 2.5 km west of the Galt-1, 2, and 3 wells. At the time, Junex said the Galt-4 confirmed the extension of the Galt structure, and the well was temporarily suspended in view of drilling horizontally into the hydrothermal breccia encountered in the Devonian Forillon formation.
Junex Pres. and Chief Executive Officer Peter Dorrins said the application for an oil production lease was the first in Quebec’s history, to the company’s knowledge. The company has held a gas production lease on the 2-sq-km area surrounding its Galt-1 well since 2003 where it operated a pilot project using compressed natural gas transported by truck to local customers.
Netherland, Sewell & Associates Inc. has estimated the Galt field property to contain 260.2 million bbl of oil in place, which includes contingent volumes of 26.3 million bbl and an undiscovered prospective of 233.9 million bbl.