I'm happy with that. I think that points the finger firmly at the pumps, as suspected.
There does seem to be significant wellbore damage because that BHP has dropped like a stone at both wells on low water and low gas rates. That's not a good sign, it means effective permeability is lower than previously stated, around 1 mD by my calculation.
I don't think they are ever going to get stellar gas rates out of this pilot but if they can keep the wells online they will probably be in a position to declare technical success in the next few months. One good sign is that when they put the wells back online, the starting BHP on both of them was only 1200 psi. That suggests significant progress in depressurising the reservoir.
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I'm happy with that. I think that points the finger firmly at...
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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16 | 1080647 | 0.215 |
23 | 1355666 | 0.210 |
19 | 1000895 | 0.205 |
33 | 941585 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 536792 | 7 |
0.230 | 3214551 | 19 |
0.235 | 1838865 | 27 |
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0.245 | 2500130 | 21 |
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