88E 0.00% 0.2¢ 88 energy limited

Ann: Operations Update, page-9

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,661 Posts.
    lightbulb Created with Sketch. 1056
    Tick

    From petrowiki...

    "A fundamental principle used in all fracture models is that “the fracture volume is equal to the total volume of fluid injected minus the volume of fluid that leaks off into the reservoir.”[1] The fluid efficiency is the percentage of fluid that is still in the fracture at any point in time, when compared with the total volume injected at the same point in time. The concept of fluid loss was used by Howard and Fast to determine fracture area.[1] If too much fluid leaks off, the fluid has a low efficiency (10 to 20%), and the created fracture volume will be only a small fraction of the total volume injected. However, if the fluid efficiency is too high (80 to 90%), the fracture will not close rapidly after the treatment. Ideally, a fluid efficiency of 40 to 60% will provide an optimum balance between creating the fracture and having the fracture close down after the treatment."

    So, now we have the proppant injected, is our next concern keeping it there?
 
watchlist Created with Sketch. Add 88E (ASX) to my watchlist
(20min delay)
Last
0.2¢
Change
0.000(0.00%)
Mkt cap ! $57.86M
Open High Low Value Volume
0.2¢ 0.2¢ 0.1¢ $27.03K 13.91M

Buyers (Bids)

No. Vol. Price($)
359 956509315 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 8325743 6
View Market Depth
Last trade - 14.55pm 08/11/2024 (20 minute delay) ?
88E (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.