Interesting to note the possibility of tight gas reservoir at WE5 has already been mentioned a couple of times. What I'd like to try and understand is the likelihood of a tight reservoir here based on the data we know to date:
Announced 21/06: Gross thickness of 183m, made up of almost one single large unit of very clean sand, with thick blocky porosity development. Net pay interpreted to be 32m with average porosity of 10% (up to 15%).
Announced 01/07 - Pressure greater than 7000 psig indicating high degree of permeability, with possibility that porosity is much higher than measured.
The other viable alternative explanation to date is they drilled over-balanced and damaged the formation around the wellbore.
Would be great to hear some thoughts on this
618
- Forums
- ASX - By Stock
- STX
- Ann: WE5 Production Test Update
Ann: WE5 Production Test Update, page-71
-
- There are more pages in this discussion • 179 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
(20min delay)
|
|||||
Last
22.3¢ |
Change
-0.008(3.26%) |
Mkt cap ! $637.5M |
Open | High | Low | Value | Volume |
23.0¢ | 23.0¢ | 22.0¢ | $311.5K | 1.387M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
35 | 2123950 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.5¢ | 616226 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
35 | 2123950 | 0.220 |
25 | 867757 | 0.215 |
21 | 1122710 | 0.210 |
15 | 896139 | 0.205 |
31 | 796082 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 616245 | 23 |
0.230 | 6759054 | 25 |
0.235 | 2443131 | 30 |
0.240 | 2904266 | 20 |
0.245 | 2500130 | 21 |
Last trade - 15.19pm 15/11/2024 (20 minute delay) ? |
Featured News
STX (ASX) Chart |
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
CFO
Previous Video
Next Video
SPONSORED BY The Market Online