EMR 0.26% $3.85 emerald resources nl

howmuch oil in 45 sqkm x 70mtr of vugular rock, page-10

  1. 2,988 Posts.
    Yes I agree that the gas number I calculated is compressed volume - at that depth the gas would likely be mostly liquid so you can multiply by about 30 to get the gas volume at the surface, or 600 BCF

    I don't understand where you get the multiplier of 6.29 for for barrels of oil - would more likely divide by 6.29 to get the P50 reserve. To suggest 2+ billion barrels is suggesting this is half the size of the massive Ghawar field in Saudi.
 
watchlist Created with Sketch. Add EMR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.