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
- Forums
- ASX - By Stock
- MEL
- cmb a gas charged basin like horseshoe canyon
cmb a gas charged basin like horseshoe canyon, page-4
-
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MEL (ASX) to my watchlist
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.987M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 5019540 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | 0.005 |
10 | 12112716 | 0.004 |
8 | 15262019 | 0.003 |
5 | 16775010 | 0.002 |
3 | 46300000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 5019540 | 12 |
0.007 | 2511999 | 5 |
0.008 | 1035051 | 2 |
0.009 | 80000 | 1 |
0.010 | 1000000 | 1 |
Last trade - 16.12pm 04/07/2024 (20 minute delay) ? |
Featured News
MEL (ASX) Chart |
Day chart unavailable