PH2 9.09% 15.0¢ pure hydrogen corporation limited

Ann: Venus-1 Pilot Well Records Early Gas Breakout, page-13

  1. 151 Posts.
    lightbulb Created with Sketch. 11

    To extract the gas, a steel-encased hole is drilled into the coal seam 100 to 1,500 metres (330 to 4,920 ft) below ground. As the pressure within the coal seam declines due to natural production or the pumping of water from the coalbed, both gas and produced water come to the surface through tubing. Then the gas is sent to a compressor station and into natural gas pipelines. The produced water is either reinjected into isolated formations, released into streams, used for irrigation, or sent to evaporation ponds. The water typically contains dissolved solids such as sodium bicarbonate and chloride but varies depending on the formation geology.[citation needed]

    Coalbed methane wells often produce at lower gas rates than conventional reservoirs, typically peaking at near 300,000 cubic feet (8,500 m3) per day (about 0.100 m³/s), and can have large initial costs. The production profiles of CBM wells are typically characterized by a "negative decline" in which the gas production rate initially increases as the water is pumped off and gas begins to desorb and flow. A dry CBM well is similar to a standard gas well.[citation needed]

    The methane desorption process follows a curve (of gas content vs. reservoir pressure) called a Langmuir isotherm. The isotherm can be analytically described by a maximum gas content (at infinite pressure), and the pressure at which half that gas exists within the coal. These parameters (called the Langmuir volume and Langmuir pressure, respectively) are properties of the coal, and vary widely. A coal in Alabama and a coal in Colorado may have radically different Langmuir parameters, despite otherwise similar coal properties.[citation needed]

    As production occurs from a coal reservoir, the changes in pressure are believed to cause changes in the porosity and permeability of the coal. This is commonly known as matrix shrinkage/swelling. As the gas is desorbed, the pressure exerted by the gas inside the pores decreases, causing them to shrink in size and restricting gas flow through the coal. As the pores shrink, the overall matrix shrinks as well, which may eventually increase the space the gas can travel through (the cleats), increasing gas flow.[citation needed]

    The potential of a particular coalbed as a CBM source depends on the following criteria. Cleat density/intensity: cleats are joints confined within coal sheets. They impart permeability to the coal seam. A high cleat density is required for profitable exploitation of CBM. Also important is the maceral composition: maceral is a microscopic, homogeneous, petrographic entity of a corresponding sedimentary rock. A high vitrinite composition is ideal for CBM extraction, while inertinite hampers the same.[citation needed]

    The rank of coal has also been linked to CBM content: a vitrinite refl


 
watchlist Created with Sketch. Add PH2 (ASX) to my watchlist
(20min delay)
Last
15.0¢
Change
-0.015(9.09%)
Mkt cap ! $54.52M
Open High Low Value Volume
16.5¢ 16.5¢ 14.5¢ $88.98K 569.7K

Buyers (Bids)

No. Vol. Price($)
2 116348 15.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.0¢ 60716 5
View Market Depth
Last trade - 16.10pm 19/08/2024 (20 minute delay) ?
PH2 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.