50c! Re-rate coming!, page-96

Hi OG,
While its good to showcase the fundamentals of resource calculation formula on HC, u need to b careful with the input variables eps when they r on the high side and how others could misinterpret them, as in this case. So keep up the good effort of sharing it with others, but pls with more reasonable sort of numbers. At the end of the day the company hires independent experts to calculate the resource estimates, so these sort of discussions aren't set in stone as they r merely someone's opinion based on some variables & a lot of unknowns.

I pointed out the temp & pressure at WE-2 as u were using 140Deg C and I think u did use the 170 Deg. Waitsia & BSD being shallow, have a lower Pressure regime (around 5050psi & 137DegC), Depth (~3300m) etc etc & a much lower Z factor (1.05) & FVF (225 etc). So, whilst LD1 or SE1 will give a High reservoir Pressure reading, I doubt u'll ever get 344 FVF for the gas cocktail present with 6-7% CO2 & 1-2% Ethane mixture. Even deeper wells drilled offshore Browse Basin at similar/high pressures, 160+ DegC temp & 10-16% CO2 mix at 4900m+ depth don't have 344 FVF, let alone 2 Perth Basin discoveries, so try using 1.11-1.18 Zfctr for 6000-7500 psi for a more reasonable Bg, Eg figure. Good luck with the calculations.
Cheers...