If both Marti and Alameda are flowing, production wise, can they just let the oil flow from both areas in the well, to contribute to a consolidated flow rate at the top of the well?
IE: There isn't a requirement to extract oil from one or the other area in isolation?
I would expect the delta in APIs to meet in the middle somewhere from the resultant oil mix (depending on the pressure difference of each area), but it may be a worthwhile assumption that the extra volume of production from using both Marti and Alameda would result in greater revenues than aiming to produce from only one area with the higher API.
just a random thought...
- Forums
- ASX - By Stock
- All Aboard- Stand Clear Please- Stand Clear -The MAY train is now departing and is express to 4.8 cents
If both Marti and Alameda are flowing, production wise, can they...
Featured News
Add MAY (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.9¢ |
Change
-0.001(3.33%) |
Mkt cap ! $97.73M |
Open | High | Low | Value | Volume |
3.0¢ | 3.0¢ | 2.9¢ | $24.41K | 818.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 1306831 | 2.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 20550 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 1306831 | 0.029 |
8 | 3032858 | 0.028 |
5 | 661000 | 0.027 |
3 | 488499 | 0.026 |
1 | 50000 | 0.024 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 20550 | 1 |
0.031 | 626355 | 5 |
0.032 | 1208730 | 9 |
0.033 | 432037 | 5 |
0.034 | 1025000 | 2 |
Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
Featured News
MAY (ASX) Chart |