FAR 2.04% 50.0¢ far limited

What does it all mean?, page-123

  1. pj
    2,090 Posts.
    On the fanily photo thread @BoonTime stated:

    "Just want to throw out there that the aerial extent of the reservoir doesn't meant it has more oil/gas. A good example of where this is the case Janz/io vs gorgon. Thick blocky sands, charge, pressure and a good seal is what we want"

    Taken the liberty of moving your observation to this thread, and thanks for that, it could be a very relevant to the discussions here.

    Of course the areal extent of the blocky sands/double blocky sands must still be very relevant to the resource calculations (it would be amongst the other data one has to combine to arrive at an answer), but as I think I mentioned above, the %recovery rates used to calculate the recoverable volumes from the oil in place in these sands are also very important. That effectively I presume is what you are saying and one might expect them to be "very high" - Cairn have said as much in the CMD transcripts.

    So I am wondering whether you might have any idea of what rough maximum level of recovery rate might reasonably be achievable for these sands given the oil flow rates achieved?

    pj
 
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