PRE 0.00% 6.0¢ pacrim energy limited

behemoth of hydocarbons, page-7

  1. 830 Posts.
    sumayo,

    Don't worry I get confussed as well. Mcf is a Thousand cubic feet of natural gas. From what I have found out wells in then Sacramento Basin can flow between 1 to 5 MMcfe/d (which is a Million cubic feet of natural gas a day)usually from the one formation. With the Behemoth well drilling to 13,500=/- there could be a series of formations (horizons), Including the Hamilton Sand, Bunker Sand, Winters Sands, Kione sand and the large Forbes Formation.


    With wellsite gas prices around $7? per mcf, therefore 5 mmcf/day is $35,000 a day or $12.76m a year, from 1 formation!

    By the way I'm a Petroleum Geolgist!
 
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