Ann: Halliburton Optimizing Jesse Completion Design, page-9

First 9 Last

Share
Profile

Follow
SpiderMonkeyZ

4,168 Posts.

958

29/11/23

00:35

Post #: 71157094
Share

"i wonder if they have sampled the water for Lithium?"

Going back a few months ago one announcement from memory they talked about joint funding to look for potash in a well.

Also yes there is lithium in the area of the Paradox Basin with ASX listed ASN for instance..

Originally posted by alexei ii: ↑

this is excellent news. they were talking about it for a while, theyre now doing it.

Brief recap.
Jesse 1 hit the mark. It found a gas reservoir and it had 1% helium.
The only problem was the well extended into the water bearing part of the formation (the water sits under the gas).
When they produced from the open hole, the water started coming in too.
They have since done a work over, but still unable to isolate the gas from the water.
The current plan is to isolate the water bearing part of the formation with rubber seals.
They will then pump an acid mix into the gas bearing part of the formation, with a view to opening up the pores...and producing from this part, without interference from the water that sits below.
Sounds like they're getting ready to go with this. Hopefully it succeeds. 1% Helium is pretty cool.

As an aside...the Helium is thought to have derived from the basement. Lithium is the next element in the periodic table...I wonder if they have sampled the water for Lithium?

If successful...Id say theres a good chance they will have a crack at Jesse 2. Jesse 2 dd not find the porosity/permeability they saw in Jesse 1. It found the same rocks, they just did not have holes in them. In this jurisdiction, they are allowed to frac. One of the things they could do is get in there with some acid and make some cracks in the rocks...in these rocks, you could hit a connected fracture system or a more permeable zone within a few meters of the well bore. These are relatively cheap workovers.

Expand

GGE Price at posting: 0.7¢ Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

Reply

Top Stories

MTH

Mithril's drilling in Mexico picks up silver at 997g/t, gold at 28g/t

TLG

Talga Group wins key permit for flagship graphite mine in Sweden

SNX

Sierra Nevada raises $2M for silver exploration at Blackhawk

What's causing the cost-of-living crisis, and how to navigate it

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

SWP

Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%

M4M

Macro, Norden set up transport solutions initiative for West Pilbara

Week 42 Wrap: HotCopper's top picks; new ASX 200 record; world yawns at war

IRX

InhaleRX snags $38.5M in funding from VC biotech funder Clendon

NVU

Nanoveu surges 10% after benchmark testing for new AI chip begins