KAR 3.43% $1.81 karoon energy ltd

Ann: Poseidon-2 Progress Report No 18 , page-27

  1. 480 Posts.
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    Depends on what results you are after Billy.

    The test itself will last for roughly 3-5 days, depending on how long they want to measure the reservoir pressure build up after final shut in. They'll flow the well at multiple rates up to what either the reservoir or the rig's flare capacity allows. The rates and bottomhole pressure will be known pretty much straight away and they'll collect some samples to determine the fluid composition.

    Analysing the build-up data can take a bit longer, depending on the complexity of the reservoir. A bunch of information about the reservoir properties, such as permeability and distance to any boundaries, can be derived from these analyses.

    I'd expect information on flow rates and permeability to be available by this time next week at the latest. Fluid composition might take a bit longer, depends if they have the equipment on board to do a quick analysis before the sample goes to the lab in town.

    Picko

 
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