I'm new here but it looks like a very big thickness of pay discovered so far. It will be interesting to see more details in how they think it will flow because that is what will pay the bills. CVN states porosity was better than expected at 13 to 14%. I'm not in the industry but I found this about porosity online at;
http://pages.geo.wvu.edu/~jtoro/Petroleum/13_Reservoirs1.pdf
Conventional View of Porosity
• 0-5% Negligible
• 5-10% Poor
• 10-15% Fair
• 15-20% Good
• 20-25% Very Good
For gas, lower porosity is still viable Hydrofracturing makes low porosity less of a problem
I'm looking forward to more details(volume, permeability, etc), I hope to join the CVN ride soon......... DYOR and GLTAH.
I'm new here but it looks like a very big thickness of pay...
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