Ever wonder where the pressure from the Norphlet comes from?
Odyssey Petroleums 100% owned Pelahatchie Field is located in central Mississippi, 20 miles east of Jackson, Mississippi.
From Denburys web site
Denbury's natural carbon dioxide which drives their plays comes from an old volcano located near Jackson, Mississippi, discovered in the 1960s while companies were drilling for oil and natural gas. Instead they found CO2, which at the time was of little use. According to Denbury "These CO2 reserves are found in structural traps in the Buckner, Smackover and Norphlet formations at depths of about 16,000 feet. Some estimates have suggested that there are 12 Tcf of usable CO2 in this general area."
From Odyssey's recent Management and Discussion (May 5, 2008)
"Pelahatchie Field has yielded production from multiple zones - from the shallow Tuscaloosa formation at 7500ft. subsurface (which tested 60 barrels of oil but never produced) - to the deep Norphlet formation at 17,000ft. At this level, Shell Oil Company once produced a well making over 2,000 barrels of oil per day together with over 2 million cubic feet of gas per day from the Norphlet formation at 17,000 ft. Other tests of the Smackover formation at 16,850 ft yielded results exceeding 6,000,000 cubic feet of gas per day of sour gas, while the Buckner Haynesville formation at 15,800 ft tested methane gas and CO-2 gas at over 2,000,000 cubic feet of gas per day. It is noteworthy to mention that Pelahatchie Field has a CO-2 pipeline running through the field to another operator’s enhanced recovery projects east of the field."
This explains why Shell thought Pelatchie Field was the "Misssissippi Giant" and thought could one day prove to be one of Mississippis largest oil field discoveries. Time will tell.
