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Bottom of the Barrel Valuation, page-35

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    Reservoir pressure - 6,746 psia (6,732 psig)
    Kinga depth - 4,817-4,871m MD.
    Hydrostatic pressure = depth (ft) * 0.052 * fluid density (ppg)

    Depth of fresh water required to kill well? Fresh water = 8.34ppg
    6,732psi = depth (ft) * 0.052 * 8.34
    Depth (ft) = 6,732 / 0.052 / 8.34
    = 15,523ft = 4,731m

    We can also estimate the density of the fluid column that did kill the well. (assuming TVD matches MD).
    Wireline discovered a fluid level at ~250m below surface after perforation, plug, N2 lift, retrieve plug. (approx. fluid depth = 4,567m)

    6,732psi = 4,567m * 3.281 * 0.052 * fluid density (ppg)
    Fluid density (ppg) = 6,732 / 4,567 / 3.281 / 0.052
    = 8.64 ppg

    SE-3 does appear to flow - both water and gas - but one or more perforated zones are flowing enough water to kill the well.
    Moving contractors to SE-2 allows STX to plan further works at SE-3, AND allows them time to source the required equipment and personnel.
 
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