If Mr Occam does work for a mid cap oil company, then perhaps he might ask the 'older guys' why his company has not jumped on the tight gas bonanza in the Perth Basin. I suspect that the answer may prove to be sobering. All the Warro-1 and Warro-2 data are on public open file, and available at the click of a mouse. Perhaps looking at the data may prove illuminating.
Fraccing and tight gas were not a mystery when wapet drilled the original wells. Why so much secrecy now?
The main components to the success of this venture are
1 Gas Price and specs
2 Well cost and stimuation cost
3 Number of wells needed to deliver a marketable volume of gas
Do the maths...
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