Bluff
3) One solution in the transient analysis suggests that the gas reservoir has a volume of 5.3 BCF and accordingly the balance of the reservoir volume would be occupied by oil and would be estimated at 20 million barrels of oil in place. Typical recovery factors are around 25% and thus 5 million barrels might be recovered in this scenario.
In the event that the entire Bluff prospect is filled with nitrogen it is possible that this gas
can be commercialized.
We understand that liquid nitrogen supplied to the energy sector is priced at around $20 per mcf.
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