Thanks VOGC.
I would be very interested in your opinion as to why the SW block of the N structure has been dropped from MAY's original estimates.
The original N structure was 818 million barrels OIP, with 41M recoverable, and high estimate of 2,580 million barrels OIP and 129M recoverable (at 5%). That's a massive amount more than the current 9M recoverable estimate (and 20M high estimate). Factor in a higher recovery rate than 5% and we could be onto an upgrade of multiples of the current estimate!
Also looking ahead to the Zapato structure, the new schematic on the Melbana website:
https://www.melbana.com/site/cpfile/8c59ca95-7db5-49ea-971f-9a78d86f58e7/20211213CubaFlyerBlock9.pdf
What's your view on the "potential Deeper Placetas carbonates" and the old "A2 Lead" in the context of the positioning of N Structure / Alameda structure. It almost looks like Zapato represents the SW portion of the N Structure. Maybe they are waiting to see how Zapato goes before including the NW block as part of the N structure estimate?
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Ann: Drilling update at Alameda-1 - Significant Oil Interval, page-110
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