Hi jophda,
After sufficient production history is obtained from Odin-1, they should be able generate a P/Z versus cumulative production plot from Odin-1 data.to forecast decline and gas-in-place (several months I'd say). Based on these data and the commercial terms that encourage field appraisal and production expansion, as per VEN's statement in their 20/9/2023 operations update (see below), Odin-2 should get be drilled sooner rather.
Kind regards OldGeo
Ann: Odin field starts gas supply, page-49
Add VEN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $16.69M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $7.192K | 719.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 3568532 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 853005 | 1 |
View Market Depth
| Last trade - 13.39pm 19/07/2024 (20 minute delay) ? |
| VEN (ASX) Chart |