I was going to wax lyrical on the parameters, then i deleted and posted the shortened version. Id split the reservoir up into two. The upper 400 m and the lower 400 m. For the lower 400 m, id use the numbers you have for Sw and RF. For the upper 400 m id use ave Sw of 0.2 and RF of 0.85, thinking it would be drier and behave more like volumetric reservoir. Porosity/permeability is anyones guess. Id be happy to assume 0.16 is ave for the field. The lower 17 m of Kingia, i understand has matrix porosity and fracture porosity. The latter enhances the matrix porosity and consequently the overall effective porosity. Lets say that phenomenon aggregates to an additional 10% of pay (i.e. 10% of 17 m. 1.7 m additional pay). I was going to do a monte carlo simulation on all this, but in the end i did not complete it because the more you do the more you realise you dont know.
NWE Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held
