MEO 0.00% 0.0¢ meo australia limited

Movable gas refers to the permability and porosity of the sands....

  1. 502 Posts.
    Movable gas refers to the permability and porosity of the sands. That is the ability to make the well flow consistently.

    aka blackwood, which was a very tight formation, the gas wasnt very movable, you can beat this by going in to the structure with horizontal drilling (increasing surface area of the hole) but that is expensive and if it is really tight wont move the gas anyway.

    The confusing part of the release is the inconclusivity of the LWD tool, i am hoping they had com errors with the tool, but if it is SLB they are pretty good with these checks prior to.

    Perhaps the tool gave results that were not the same as the high gas readings (3% is pretty high) at the mud shakers, not sure what % they need to reach to consider a shut in.

    Good news though as they seem to have hit 44m of gas. Logging runs to confirm.
 
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