"completion of the 3D static geological model, delivered by SLB"
"details the subsurface geology and reservoir characteristics of the Smackover lithium brine project"
"3D static geological model is seen by the company as a critical step in de-risking and optimising exploration planning, workflow and project development"
"project now covers a land position of over 26,000 net leased acres of lithium brine prospective ground in the Smackover formation, Arkansas"
"a known high grade lithium brine formation"
"243 oil and gas wells were found to be drilled within the model extent"
"38 wells penetrated the Upper Smackover formation and contained raster log information"
"these wells were selected for digitisation and well log harmonisation and for use in the 3D static modelling"
"also used data from 13.34-line miles of 2D seismic and 481 gravity stations"
"subsurface model confirms that the company’s project has the potential to host a large and world-class lithium brine resource"
"analogous to neighbouring super majors Exxon Mobil and Equinor/Standard Lithium, both with advanced lithium brine projects"
"leasing to the north and west of the Pantera acreage position is said to be seeing a new and aggressive push from multiple parties"
https://mining.beehiiv.com/p/jim-s-mining-letter-october-5-2024
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"completion of the 3D static geological model, delivered by...
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