If the well was a complete duster they would know that from the wireline logs .
That information is known by a few people on the rig and it would be likely it would leak out .
From the log interpreted net pay lengths and porosities it looks similar to the first well that flowed well .
The permeability is the big attribute along with pay length and well bore pressure that control flow rate .
In the same rocks the permeability is generally link to porosity in a non linear way , higher the porosity the higher the permeability plus plenty .
So from the log results there is almost certainly to be a decent flare and the flow rate should be something like the first well .
Problems can develop from damage from the drilling fluid to near bore permeability .
Often if a flow test disappoints that gets the blame .
These deep sands were not expected to have good porosity and permeability before the recent drilling in the basin but a process that has preserved those attributes that I confess I don't fully understand has resulted in these magnificent deep reservoirs .Hope that natural phenomena has occurred over all the structure .
Only a long term flow test will determine how big this compartment of the structure is .
No guarantee because nature can be fickle but on the information from the logs i would be very surprised if the flow test is not another good one .
- Forums
- ASX - By Stock
- STX
- Ann: Trading Halt
Ann: Trading Halt, page-227
-
- There are more pages in this discussion • 74 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 STX (ASX) to my watchlist
|
|||||
Last
21.0¢ |
Change
-0.005(2.33%) |
Mkt cap ! $600.7M |
Open | High | Low | Value | Volume |
21.5¢ | 21.5¢ | 21.0¢ | $797.3K | 3.776M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
51 | 2950609 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.5¢ | 770806 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
50 | 2901570 | 0.210 |
33 | 1679890 | 0.205 |
67 | 4216601 | 0.200 |
26 | 2116534 | 0.195 |
26 | 624907 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 707638 | 8 |
0.220 | 3408097 | 19 |
0.225 | 1063706 | 8 |
0.230 | 523871 | 15 |
0.235 | 1052469 | 10 |
Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
Featured News
STX (ASX) Chart |