I think you have the gas rate and water rate confused.
Water rate is in blue, gas rate is in red, peaking around 18-24 months (rough estimate).
5mmscf/d is good for a conventional land based gas well, but rates from CSG are much lower due to shallow depth/lower pressure and high water content.
CSG needs much more drilling for commercial production - but drilling each well is cheaper and easier.
- Forums
- ASX - By Stock
- TMK
- Ann: Pilot Well Program Update - December 2023
Ann: Pilot Well Program Update - December 2023, page-23
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TMK (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.64M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
28 | 73270097 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 74784113 | 38 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
27 | 72970097 | 0.003 |
14 | 20908666 | 0.002 |
9 | 14700000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 74477214 | 37 |
0.005 | 15672099 | 20 |
0.006 | 3200738 | 5 |
0.007 | 16722080 | 6 |
0.008 | 3037095 | 5 |
Last trade - 16.12pm 04/06/2024 (20 minute delay) ? |
|
|||||
Last
0.3¢ |
  |
Change
0.000 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
0.3¢ | 0.3¢ | 0.3¢ | 83146 | ||
Last updated 10.10am 04/06/2024 ? |
Featured News
TMK (ASX) Chart |
Day chart unavailable