Oil Shale RD&D Program Status August 7, 2008 Jim Koffer Technology Deployment Engineer Chevron Corp. © Chevron 2007 Piceance Basin Regional Map Chevron Oil Shale RD&D Lease 70 © Chevron 2007 What’s going on at our RD&D Site? • Lease awarded January 2007 • Construction on location began 7/11/07 • Moved in drilling rig 11/28/07 • Cored Green River Formation 786-2619’ (98% recovery) • Ran wireline logs • Set packer in well, came back this Spring to do hydrology testing. Results were used to design hydrology test wells. • Cores now being studied in various laboratories • Next phase is to drill hydrology test wells, which has recently started. © Chevron 2007 Wireline Log Near Proposed Lease R8 Leached Zone A Groove Mahogany Zone B Groove R6 R5 R4,3 Csg R2 Garden Gulch & Douglas Creek Members Blue mkr © Chevron 2007 TD R1 R0 Orange mkr 500 feet Set packer here Lower Aquifer Green River Formation Csg Saline Zone Initial Test Core Parachute Creek Member Uinta Formation Upper Aquifer (SLAPCO Fed 1-5-397) Oil Shale Coring Operations December 2007 © Chevron 2007 Oil Shale Core © Chevron 2007 2004 © Chevron 2007 2005 2006 2007 Groundwater monitoring, Reservoir modeling, Frac testing Hydrology tests Plans & Permits Coring & logging Lease awarded Environmental Assessment BLM suitability notification Plan of Operations Start Oil Shale PEIS Applications for oil shale leases BLM proposes oil shale leasing Preliminary Project Timeline Research & Field Testing 2008 Commercial Decision Plan of Ops 2009 2010 Experimental Pilot Work Pilot Testing 20112012 20132015 2016
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