STX 8.11% 20.0¢ strike energy limited

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  1. Ya
    6,809 Posts.
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    FVF used for NWE LD1 well was way over the top & I had pointed it out at the time, so u shouldnt b using that figure. Use 290 as a safer bet & a much lower Gas Sat % (eg: 55-65%). Forget the gasifier as that would just b tight gas in place as seen at the shallower fields to the north.

    They need actual gas samples/composition data from the Lab from PVT studies & Constant Composition study to calculate the Z factor for set Pressure & Temp readings for that gas sample taken at xxxx metre depth. WE-2 doesnt have that sort of FVF or SW% that u've used in yr calculation, so pls b careful when using extremely high figures for arguments sake, as there r still a few unknowns in play here.

    They need to actual flow test pressure data from these sands at some point in time to record actual parameters (pressure depletion, sand flow etc etc), so while its good to have a bit of net gaspay on the sidelines, main focus remains at SE-1 or 2 is the Kingia sandstone. Hope this helps..
 
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