GDN 0.00% 1.7¢ golden state resources limited

speeding ticket?, page-9

  1. Ya
    6,809 Posts.
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    Not sure why the call for a T/H.

    They've clearly mentioned that further MDT results will b published after completion of the run, so either tomorrow or Fri morn'n we should have the data for this 8.5" section of the well.

    Since the wireline tool is run from bottoms up, they've only published the in-situ pressure reading for the zone at the bottom (Z#10 - 41' thick @ 3661 psi). There are still 9 other intervals to record this pressure from.

    Whilst this isn't the actual pressure recorded at the wellhead during a test, it is a precursor of what could eventuate, should testing b conducted successfully.

    Most operators generally flow the well in Utah using a 0.25 or 0.5 or 0.75" choke diameter (smaller then a 20 cent coin) & that along with the recorded pressure will b the final flow result over a certain period (i.e. 12-24 hours initially or longer)

    What this also means is that the porosity should b good, these two factors combined together should give a decent surface pressure & flare.

    In the meantime look fwd to the pressure readings for the remaining 9 zones, bear in mind this section, during drilling had recorded a very high gas peak of 1483 units or 14.8%, hence the high pressure.

    All in all looks promising.

    cheers
 
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