We got a more or less vertical well, about 3.000 m vertical...

  1. 1,773 Posts.
    lightbulb Created with Sketch. 532
    We got a more or less vertical well, about 3.000 m vertical depth and there you can expect a reservoir pressure of 4.000-4.500 psi. Static well head pressure was 3.000 psi. So I would expect that when they recorded the well head pressure that there was a fluid level. Not much but some (could be calculated easily for a more exact range)

    Somebody mentioned that they have no tubing in the well and the flow back is produced through the casing and he/she expects that after completion that we should see a higher rate. I would not bet on that because for lifting the fluids up the casing we did not have a critical velocity problem concluded from the reports, but due the smaller tubing diameter we will have more pressure loss due to friction. That's the reason I would not expect a higher or much higher production rate.

    @OldGeo
    thanks for the poro / perm plot. 0,01-0,1 and 1 mD at the sweet spot. Hard work for one's living. I think it could work or it could be worth to try a horizontal well and frac the hell out of it (except you got a not so homogeneous environment as for example fluviatil sediments there? In this case it's probably better to stick to the vertical wells)
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.2¢
Change
0.000(0.00%)
Mkt cap ! $3.665M
Open High Low Value Volume
0.3¢ 0.3¢ 0.2¢ $7.983K 3.511M

Buyers (Bids)

No. Vol. Price($)
11 9832429 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 11398095 12
View Market Depth
Last trade - 11.48am 26/06/2025 (20 minute delay) ?
MEL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.