'i think we will be doing well to get 410-430 MMscf in December quarter even with 20 days from Vali 2'
I think it can be achieved without Vali 2. The wells are expected to be online for 66 days (92 days in the current quarter minus 26 days). Assuming the flow rates will stay the same (unfortunately not the case), the gas production from Vali 1 and Odin 1 would be 537MMscf. The flow rate of Vali 1 keeps going down and it will decline further. The flow rate of Odin 1 may not go down as much as they were restricting the flow rate and it was not fracked.
Vali-1 is expected to be online for 66 days, average gas rate 2.69 MMscfd (total gas = 66*2.69=178MMscf)
Odin-1 is expected to be online for 66 days, average gas rate 5.44 MMscfd (total gas = 66*5.44=359MMscf)
Total 537 MMscf (Odin's share of total gas 67%)
If Vali 2 gets connected and if it flows for 20 days, it may add another 70 MMsfc. We don't know the flow rate but assuming 3.5MMsfc per day is not unreasonable IMO.
'i think we will be doing well to get 410-430 MMscf in December...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.347M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $9.467K | 2.316M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 21372187 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 9015625 | 16 |
View Market Depth
| Last trade - 15.48pm 18/06/2025 (20 minute delay) ? |
| VEN (ASX) Chart |