Share
496 Posts.
lightbulb Created with Sketch. 121
clock Created with Sketch.
14/01/23
10:34
Share
Originally posted by alexei ii:
↑
If that 60m oil column we got in Lockyer Deep1 in the Wagina/dongara section is present in every well drilled from here on...there could be over 1 Billion BBL oil in place. The Dongara/Wagina rock layers mimic the Kingia in terms of structure. I simply did a back of envelope calc using 100 km2, 30m net column and 12% ave porosity. No pressure or temp correction. The company (and most PB folks) are saying the Wagina/Dongara does not have great permeability...well we will get another four chances to find out whether the permeability improves in our area. And remember, North Eregulla-1 actually produced 35 bbl of light crude from a DST in the 1980's...light crude flows like water
Expand
On behalf of all NWE HC forum members, thank you good Sir for all the information you provide. It really gives us a clear understanding of what is potentially a life changing discovery.