TSV 0.00% 0.8¢ transerv energy limited

ann definately in 24 hours, page-16

  1. 637 Posts.
    Great post Arkie, I just want to highlight part of it:

    "It is expected that if the water can be removed from the well bore in the middle frac zones, the well can achieve the production levels closer to those recorded last week after setting of the first bridge plug, which included an initial flow rate of 5.6mmcfpd as detailed in the previous market update."

    The thing is, they didn't plug the middle frac zone, they plugged just below the current top zone, zone 6.
    My opinion is that all they are trying to do here is confirm 2 weeks run without water, regardless of flow rate.

    I believe they ahve sacrificed flow rate for now to focus on the water issue, if they can keep the water out here
    then its either plug below zone 5 or zones 4 & 5 or frac 7 & 8.

    As I've mentioned previously 7 & 8 would be my bet, proving commercial wells at a lower depth = cheaper cost.
 
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