CVN 4.88% 19.5¢ carnarvon energy limited

sorry VH I dont have that APPEA conf paper. Mayb someone could...

  1. Ya
    6,809 Posts.
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    sorry VH I dont have that APPEA conf paper. Mayb someone could contact CVN & request a pdf version or pay $25 for the pdf from the conf proceedings.

    Also with the vol instead of a larger area, if u just keep the variables tight over the crestal closure at D1 for apprx 6 or 9 sqkm (3x3 or 3 x 2km grid) instead of 48km2 then u'd get a base estimate. Just use 6.29 *6 sqkm*80m net*.2 * .82 *.8 *.3 for this. U could increase the area & drop the netpay frm 80m to say 30m to get ballpark figures. More accurate estimates (P01-P100 range) r done with proprietary software.

    Apache's Harriet field produced 54 mmbbls before shutdown few yrs ago. So they'd b keen to get another Oilfield to develop since Balnaves stuffup. Currently Q/E r JV'd at Pyrenees with BHP and INpex at VanGogh-Coniston/Novara so have operational experience with oilfield development. Alternately Q/E. could drop portion of their 80% to a third partner. Remember JX Nippon & Finder gave them 20 + 20%, so who knows what happens next.

    I haven't bothered mapping the struc area,one could get the figure from the company. It could b just under 50 km2. PS looks 50-52 sqkms, Roc looks around 50 as well, but had gas at depth in the Gas-wetgas Window. I think Gas-cap at D1 may have seeped out(??) perhaps. Dont know just a theory, if they can spot a 'Chimney' or 'pock' on the 3Dseis.
 
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