CVN 0.00% 20.0¢ carnarvon energy limited

bingo, page-10

  1. 688 Posts.
    Just so everyone knows how I arrived at the figure....


    1 sq kilometre = 1,000,000 sq meters x 50m depth = 50,000,000 cubic metres
    1 cubic metre =1000 litres

    so 50,000,000,000 litres divide by 42(US gal in barrel) and divide by 4 (litres in US gal) = approx 290mill barrels less 25% approx to get recovery rate of 75% = approx 200mill barrels of oil.


    I can't see any problems with the calc's but if anyone has better idea on reservior calc's I would like to be corrected if I am too far wrong......

    cheers
    and good weekend to all holders.

    Stevero
 
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