Just catching up with the last 2 wks of action. Fairly straight fwd answer Cikso, without getting too technical.
They should have installed a 7" liner which basically keeps the borehole integrity in check, rather then have the wellbore collapse etc. Then, u have the routine testing Ops,
- Pressure test BOP - make up the test string comprising of Perf guns, production tubing - run back in the hole - rigup surface equipment & pressure test tubing - fire guns to perforate 'selected' reservoir section (eg 2600-2700m) - shut in well & monitor pressure buildup - commence well cleanup - use variable choke sizes (1/4", 1/2" etc) - flare the gas, monitor pressures - record the flowrates in MMCFD - take gas samples for composition analysis (CO2, C1, C2) - report result to the market - load the well with brine to kill it, laydown tools, - set plugs - prepare to Suspend well.
If the 'Net' thickness & porosity of the lowest zone is good then one would opt to test that zone. What they need to inform the world, is the gas content ie C1, low CO2 (eg 10-20%) etc.
They'll update the volumetrics (ie 2C or 3C xxx TCF) in due course after all relevant data is loaded in their model (ie thickness, porosity, gas compo, recovery rates etc).
GLTA, almost time.
NEN Price at posting:
29.5¢ Sentiment: Hold Disclosure: Held
