STX 2.27% 21.5¢ strike energy limited

Critical desorption

  1. nip
    467 Posts.
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    On 22nd March we were at 800 psi downhole pressure.
    On 15th May we were at 425 psi.
    The pressure dropped by 375 psi in 53 days, or 7 psi per day.
    Assuming they kept dropping the pressure at the same constant rate, we should currently be at 313 psi.
    Again keeping the reduction of pressure constant at 7 psi per day, we should reach critical desorption (215-225 psi) in 12-14 days.
    Let's keep dreaming and hoping for a successful outcome.
 
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