Some key points
Schlumberger suggested it may be possible to
recover 40%-50% of the approximate 4-6 tcf in
place.
The resource potential of the Warro structure is
considered to be approximately 141 Gm3
(5 Tcf) some of which may not be tight gas.
Latent has point to: “These could hold between nine and 12 trillion cubic feet of gas, which is enough to
support WA’s needs for up to 30 years.
at 2mcf Warro is commercial at current gas prices.
once water issue is resolved a flow rate of 5mcf is expected
as they have mentioned in previous reports.
the more the well flow the less wells they have to drill to reach 100-150 mcf target.
all in all cheap as chips.
some sources.
http://www.latentpet.com/_content/documents/549.pdf
http://www.pesa.com.au/Publications/pesa_news/latest_edition/images/pn100_95-100.pdf
http://www.latentpet.com/_content/documents/523.pdf
http://www.dmp.wa.gov.au/documents/Tight-gas__Resources_in_Western_Australia.pdf
regards
- Forums
- ASX - By Stock
- TSV
- end of day rush
end of day rush, page-4
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TSV (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online