Jwoody1000,
Basically you need to have the proper equipment or well design to handle such pressures. It could be that this equipment is on its way and hence the move to Zapato makes sense. A larger blow out preventer or special casing, more mud and various other bits and pieces. Much of this will be sourced internationally, what I’m concerned about is that Zapato could have similar characteristics.
We might be in a more prolific section of the basin and hence more energetic with over pressured reservoirs. I think that the resource potential estimates will get a nice kick from results so far. As many of these structures are close and that the sealing fault system is robust I wouldn’t be surprised if stratigraphic trapping is a big possibility. This is when discoveries become much larger beyond the structural closures interpreted and a series of traps become a large deposit connected.
The fractures are also a product of the folding/thrust geological forces. Where the rock unit becomes brittle from directional stresses and fractures occur.
- Forums
- ASX - By Stock
- MAY
- Ann: Preparations underway for start of Zapato-1 exploration well
Ann: Preparations underway for start of Zapato-1 exploration well, page-430
-
- There are more pages in this discussion • 170 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MAY (ASX) to my watchlist
|
|||||
Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $77.51M |
Open | High | Low | Value | Volume |
2.4¢ | 2.4¢ | 2.3¢ | $38.11K | 1.649M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 1335039 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 569521 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 1335039 | 0.022 |
15 | 2343584 | 0.021 |
21 | 3971251 | 0.020 |
6 | 1029920 | 0.019 |
3 | 566369 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 569521 | 3 |
0.024 | 4380550 | 9 |
0.025 | 1295997 | 9 |
0.026 | 2095955 | 3 |
0.027 | 1100000 | 2 |
Last trade - 12.23pm 19/08/2024 (20 minute delay) ? |
Featured News
MAY (ASX) Chart |