Thanks 2up,
chasing some education on the map. Why do they drill onto the incline side of the Kingia formation rather than the dome at the top (red,pink zone) ?
Also could the gas be compartmentalised but the water be level throughout the system and SE3 will provide info of a level where not to drill through for the future, ie how do you calculate gas volume if you don't know the GWC?
Thanks in advance.
Bottom of the Barrel Valuation, page-43
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