courtesy of garrym79 LSE
"Just some info for you guys, here in the middle east where I am working the wells need to be re drilled as the opening up of the chokes has brought up the oil water contact to mean the well is now Coning. So all this record flows in middle east will have no doubt some serious problems for the middle east. May eventually curtail supply but it keeps drilling guys like me in a job. Perhaps increase oil price who knows. Coning is the aquifer water level rising like a cone to the production tubing meaning well flows water and not oil. Reservoir engineering do detailed tests and studies to determine correct stable flow rate to produce wells at so guys be patient at this crucial well test stage."
Wiki 88E updated.
88 wiki oil and gas page
ASX Today, page-7258
-
- There are more pages in this discussion • 5,498 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add 88E (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $57.86M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $78.15K | 38.57M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 122 | 120098264 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 583908266 | 234 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| 88E (ASX) Chart |