MEL 0.00% 0.4¢ metgasco ltd

cmb a gas charged basin like horseshoe canyon, page-4

  1. 38,036 Posts.
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    Hello Kingcarmello

    My take is it has more to do with margin/well than flow rates.

    A $5m multi-lateral well may produce 2m scf/d but produces so much poor quality water needing osmosis prior to dischage that there may only be $50k/mth margin.

    A $350k vertical well may only produce 250k scf/d but because little drainage water is produced and what is produced can be discharged without treatment may have a $75k/mth margin.

    The above numbers are made up by me without basis only to illustrate a point ...to show why 250k scf/d may be excellent and 2m scf/day may be lousy.

    Cheers
    Dex

 
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