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1908

17/06/21

19:33

Post #: 53909409
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Originally posted by danpech: ↑

All good.

I do agree with some of what you say regarding communication, not so much along the announcement lines, but would have really like DP to have made a detailed presentation about the SWISH , the DSU's and explain WHY the drilling is Exploitation, rather then exploration and not just say it.

Like for example, when they announce the flow back results, hopefully they get an oil and gas flow straight away with the completion fluids ( the water). They may not as the well may need to unload quite a bit of the fracking water before the hydrocarbons enter the well bore. So they may announce that that the well flowback is just water to start with, and people who read that who aren't aware of that possibility may think the well has failed, only found water and big sell off occurs. But the well does soon flow oil and gas after a week or so of unloading and is a cracker, but in the meantime a whole world of hurt happens .

Just sayin

cheers

Dan

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Dan, no idea how things work at the pointy end. But does it matter whether it's water or oil coming out to measure flow?

I know that the product is a mix of oil, gas and NGLs and part of the IP24 will be the proportions (but how indicative of long term proportions is the IP24 anyway?) but surely the rate of water coming out of the well is directly proportional to the rate of hydrocarbons forcing the water out? So once simulation is over and the well starts spouting water (which I think you've mentioned can take days?) the pressure and flow rate of water should be an early indication of hydrocarbon flow?

BRK Price at posting: 2.2¢ Sentiment: Hold Disclosure: Held
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