The resrvoir in J50 is expected to be 120m thick and fully oil saturated. It is correct that this doesn't necessarily mean the entire 120M will produce.
I believe the 30M net pay is referring to NWZ-2, the old Soviet well drilled in 1969. I also believe they will run acid through that well or use some other means of stimulation to flow it at around 300-400 bopd.
If they can get 800 bopd consistently from J50 and NWZ-2 combined, then Block 31 is de-risked IMO. That brings in approx US$10M per annum and Jupiter is on its way.
Bring on J51, J52, J53 and do the math after that.
closest to the pin, page-12
-
- There are more pages in this discussion • 21 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 JPR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $31.86M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3056 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 161037 | 1 |
View Market Depth
| Last trade - 11.36am 12/09/2024 (20 minute delay) ? |
| JPR (ASX) Chart |
Day chart unavailable