MEO 0.00% 0.0¢ meo australia limited

Abers & PC They already have the logging data for Blackwood &...

  1. Ya
    6,809 Posts.
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    Abers & PC

    They already have the logging data for Blackwood & Heron fields. In conjunction with the seismic data, they can easily predict if the sands are thickening or pinching out in short the aereal and lateral extent will complete the picture. Reservoir properties such as porosity, permeability, gas saturation are already known & these can b applied to the new data for a new 3D model of the field.

    My smart estimate is that the reserves should definetly be higher then b4.

    As for Z-1, its a gas well, seismic signature looks good too. Drilling should confirm the gas content & the formation thickness, once we have the net to gross ratio, we should have a winner on our hands.

    I am sure many experts in the west would b watching this one with anticipation.

    cheers
 
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