88E 50.0% 0.3¢ 88 energy limited

One week to go..., page-38

  1. 13,575 Posts.
    lightbulb Created with Sketch. 567
    That's if they haven't had phase change issues OW. One would think this wouldn't happen given these temps and pressures r massively above the hydrocarbons ambient liquid phase conditions so these vapor phasehydrocarbons should stay as vapor/gas at these depths.

    As u mention there will be no hurry to ascertain the correct choke and flow and as with most things relating to chemistries and engineering of any compounds it's almost always better to start from a low base flow and c what the reservoir can do on its own first. It's being proven of late that a gradual increase in flow rate can often result in much better decline rates and recoveries.

    Hopefully the shale around the fractures has imbibed some of the frac juice and is now hydrophilic giving the shale a natural hydrocarbon repellancy and the over pressure will do the rest as long as the GOR is in the vapor phase ball park.

    Otherwise we might be liking at artificial lift IF it's deemed economic for this play at these oil prices.

    Still wondering what the go is with that central zone.

    d.
 
watchlist Created with Sketch. Add 88E (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.001(50.0%)
Mkt cap ! $86.67M
Open High Low Value Volume
0.3¢ 0.3¢ 0.2¢ $27.33K 9.400M

Buyers (Bids)

No. Vol. Price($)
216 342066337 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 590013256 219
View Market Depth
Last trade - 16.10pm 24/07/2024 (20 minute delay) ?
88E (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.