that pretty much sums up the story so far!
Prior to increasing the pump size at K2 & 3 they each had a 100hp pump which got them to the brink of commercial flows but then cavitation at the nozzle due to increased gas flows (and the pumps being at max thrust) prevented them from maintaining the water rate sufficient to see commercial flows. K3 now has it's own 300hp pump (with bigger nozzle & successful well clean out completed), K2 has the 2 x previous 100hp (ie 200hp) pumps now connected in series. Furthermore, K4 ESP will soon be ratcheting up and assisting K3 & K2 in their effort to de-water the broader coals - this well can pump 1,800 bwpd once fully commissioned.
Last time I talked with Dave Wrench (the day the below youtube was released) K3 was pumping 600 bwpd at 50% capacity! That means K3 & K2 should now have the grunt to keep the water rate up when the coals begin to desorb and gas flows consistently above commercial threshold - too easy!
Here's a nice reminder of the potential of this project - we should all watch this weekly!
Can't wait to see what gas will flow when K5 ESP pumps churn out 5,000 bwpd !!!
Rexsh will have some details to add I'm certain....
HC
- Forums
- ASX - By Stock
- STX
- Gas has gotta be looking good
Gas has gotta be looking good, page-9
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add STX (ASX) to my watchlist
(20min delay)
|
|||||
Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $487.1M |
Open | High | Low | Value | Volume |
16.5¢ | 17.0¢ | 16.0¢ | $1.708M | 10.27M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 929388 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 1165570 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 860835 | 0.165 |
56 | 4466995 | 0.160 |
20 | 1016395 | 0.155 |
34 | 729563 | 0.150 |
9 | 551948 | 0.145 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 1105570 | 8 |
0.175 | 1774180 | 13 |
0.180 | 942433 | 8 |
0.185 | 820010 | 17 |
0.190 | 1135367 | 15 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
STX (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online