Wheres can this UPI article be found that everyone keeps referring to??
The Drudge report times out.
Ann: Update on BBB 33 Evaluation and Bolling 4 Drilling, page-164
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=http://www.geocities.com/barrybolton187/lok.jpg>
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Announcement from ERM has made my day. :)
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I could focus on attacking the person instead of the issue, but I'll stick to discussing the issue since the person's arrogant behaviour is already evident. Usually, when someone boasts about their spending habits, their claims tend to have flaws. I'm interested in seeing a list of the top 10 holders.. but it does seem to be a bit of a Trent" groupie.
Anyway, on to a bit of debunking..
Note the date..I can't seem to go back and find out when the first posts appeared.
But the topic, lets get fracking..
https://hotcopper.com.au/posts/65392220/single
If they have to frack, do your own research, they are farked.. eco-wise, have fun with that. While fracking, as commonly understood in the oil and gas industry, might not be the predominant method used in helium extraction, the helium industry does utilize a range of techniques influenced by traditional hydrocarbon extraction methods adapted to the specific requirements of helium reservoirs. These methods aim to optimize helium recovery while considering the distinct properties and behaviour of helium in geological formations.
then lets open this one up abit..
Post #: 66356915 @3.4c
it looks like John Forwood from Lowell Resources Fund has bailed out - do your own research, but can't find BNL in their investments at present.
of note is @ 14.45 of the video
14:43deliver for the company yeah so that 2.9
14:46Million Dollars of initial capex14:49um with um ongoing capital of say they
14:51drill one more well each year because
14:55these these wells will the production
14:57will decline about one-third every year
14:59so you've got to keep keep drilling to
15:01access more gas
"Let's review a couple of the latest ramblings."
The description provided seems to be an attempt to explain the behaviour of helium in a natural gas well during vacuum extraction.
Here are some points to consider for accuracy:
Helium Saturation: Helium concentration in natural gas wells can vary, and a +4% high-grade helium concentration is considered significant. Helium grades and flow rates can indeed increase after vacuum stimulation, which reduces the pressure and allows helium to escape more readily.
My problem here is about 1% out of anyflow rates been released to market.. so unless there is a "in" with Trent and poster knows more then letting on. This is a tad ambiguous, to say the least.
Behavior of Helium Atoms: Helium atoms are indeed lighter than nitrogen and oxygen, which affects their behavior under different pressures. The statement about helium atoms “bouncing off” nitrogen molecules faster due to differential pressure is a simplified way to describe the diffusion process that can occur in a low-pressure environment.
Flow Rates: The description of helium creating its own flow rates “naturally bouncing off each other” is an oversimplification. In reality, the flow rates of helium would be influenced by the pressure gradient created by the vacuum extraction process.
Extraction Process: The overall process described does align with the principle that vacuum extraction can enhance the recovery of helium by creating a pressure differential, which encourages the helium to move towards areas of lower pressure.
"While the description does capture some elements of the vacuum extraction process, it lacks precision and proper terminology. It appears to be a smart move to throw shade at other posters while supposedly buying at the bottom. As stated, I am looking forward to at least a top 20 inclusion, given the way the smart money is flowing."
ok, lets get in to the risks once again..it's important to analyze the statement about the risks associated with the newly drilled production wells BBB#33 and Bolling #4, especially in the context of their potential for helium extraction:Gas Saturation and Helium Grade: The assertion that these wells have gas-filled and saturated reservoirs with high-grade helium (over if there is the 4%) is promising. Helium, being a noble gas, is indeed lighter than oxygen and nitrogen and tends to move upwards. If the helium concentration is increasing and showing positive responses to vacuum stimulation, this suggests a successful extraction process.
Risk Assessment: To claim that there is no risk in any drilling or production process is overly optimistic. Every drilling operation, even in wells showing promising signs, carries inherent risks. These risks can include operational challenges, equipment failures, unexpected geological formations, and variations in gas flow and composition.
Natural Flow Rates and Vacuum Stimulation: The statement implies that the helium atoms are responding positively to the differential in low pressure created by vacuum stimulation, enhancing natural flow rates. This is a plausible mechanism, as reducing pressure can indeed stimulate the movement of helium atoms. However, the effectiveness and efficiency of this process can vary and should be continuously monitored and evaluated.
Geological and Operational Variables: Underground reservoir dynamics are complex. The presence of other gases like nitrogen, carbon dioxide, and potential contaminants can affect both the quality of helium and the ease of its extraction. Moreover, geological uncertainties always present a degree of risk in terms of operational stability and safety.
Long-Term Sustainability: While initial results may be promising, assessing the long-term sustainability and consistency of helium production is crucial. Reservoir pressures and gas compositions can change over time, affecting the viability of continued extraction.
While the early indicators at BBB#33 and Bolling #4 regarding helium extraction could still viewed as positive, it is essential in the field of well operations to maintain a balanced perspective that includes acknowledging and preparing for potential risks and challenges.
But let's stick with the facts and market releases on the risks.Reflecting on the statement about the risks associated with BBB#33 and Bolling #4, especially considering the information from the company's update, several points stand out:
Initial Testing Results: The initial testing at BBB #33 showed a gas to surface flow containing approximately 3% helium under light vacuum. This indicates that there is helium present, but the concentration and flow rates might not yet align with the more optimistic expectations.
Anomalous Low Reservoir Pressure: Both wells have shown anomalous low reservoir pressure, which could impact the efficiency of gas extraction. This anomaly might require additional engineering analysis and well testing to understand and manage.
Helium Concentration and Flow Rates: The helium concentration in BBB #33 gradually increased over the test duration, and the gas flow showed signs of 'cleaning up.' This suggests potential for improvement in helium extraction but also indicates variability that needs careful monitoring.
Engineering Studies for Enhanced Extraction: Further testing, including potentially higher pressure and volume vacuum testing, is being considered. This might enhance well bore to reservoir connectivity, but also introduces additional complexities and potential risks.
Context of Voyager Development Plan: The current Voyager development plan anticipates wells operating under varying degrees of vacuum. This means the project is prepared for scenarios like the ones encountered but also implies a need for adaptable strategies based on evolving well behaviors.
Thus, our golden boy's statement about the lack of risk in BBB#33 and Bolling #4 appears overly simplistic. While there are promising signs, such as high-grade helium and adaptability in the development plan, there are also clear challenges and uncertainties, particularly regarding reservoir pressures and flow rates. These factors necessitate ongoing monitoring, testing, and potentially adaptive engineering solutions to optimize helium extraction.
So if you have gotten this far on this post, well done.
Let me know if you can confirm that the Lowell Resources Fund has bailed out, as following smart money is always a good idea in keeping one's capital to live another day.
Light reading supports a bit of the writing above.
The principles of helium exploration | Petroleum Geoscience | GeoScienceWorldIf they do pull flow rates, it will be a good day trade. But since 2020 has been a long-winded storyline.
Leave this here for giggles..
no matter which way you look at it.. its as good as a NFT rug chart.. 
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