Interesting analysis Butcherano
I agree that the location is certainly not for the benefit of the top section. However, in the Open Briefing from Simon Potter he made an interesting comment about the potential for production from this well...
"The advantage is one of cost if we can actually intersect two targets with the one well. It will involve drilling into the Miocene reservoir sand, completing some tests and logs to confirm and quantify the resource. The hole is then cased and drilling recommences at a smaller diameter. We’ll then drill on down to the Cretaceous section. We won’t actually be able to produce from both reservoirs concurrently because of the different reservoir pressures and properties, but the cost to access the Cretaceous is simply the cost of deepening the Miocene appraisal well."
I just wonder which of the reservoirs it is intended to produce from?
regards
DF
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