Ann: Mukuyu-2 Well Services Awarded - to Spud Q3CY23, page-112

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Kiwigeo8339

3,706 Posts.

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27/06/23

08:35

Post #: 68483190
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Originally posted by Surfer Sam: ↑

Luciano

I agree there are times that well testing is not required, when extensive data from other sources (eline logs, MDT, etc), is available.

Issue here for me is why the IVZ SP is not currently reflective of the results from the first well, as impressive as they were.

There is a question mark over the not that spectacular porosity, and therefore the permeability (k).

If we have plenty of net pay (h), then flow capacity (kh) and ultimate well deliverability won't be a problem.

We need a well test to prove up the flow capacity of these zones, plus attain high quality reservoir fluid samples from the separator to get a good handle on the condensate/gas ratio (CGR), not to mention other constituents in the flow stream.
Great value to come once we define the CGR from the different zones.

I don't think the market will give us full respect until we test a few of the zones in this well, no matter what magic we attain from the SLB MDT survey and samples.

Time for a surf
Sam

DYOR
GLTAH

This stock is a screaming buy!!

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"Issue here for me is why the IVZ SP is not currently reflective of the results from the first well, as impressive as they were."

Probably because log interpretation is still preliminary until we plug in SWC data.....that could move the results either way.

IVZ Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
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