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FAR's future, page-8

  1. pj
    2,090 Posts.
    Re: "How does the calibration of data come up with
    a) new prospects
    b) different shapes to the prospects
    c) different values of best estimates"

    Hi OFL

    In the process of developing my tables I have looked at that before. Without going back again and looking at the details, off the top of my head the answers are as follows:

    a) The new prospects resulted from reinterpretation of the seismic because they were mistaken pre-drill in identifying what turned out to be thee SNE gas/oil contact as an oil/water contact. So as the oil turned out to be at a different level than originally surmised, they have presumably looked again at this level to turn up the new prospects (Soleil and Sirius).

    b) Not sure what prospects have changed shape without reinvestigating.

    c) The net lower values for potential best estimates despite the new prospects seem to be the result of (1) there being a shortfall on the results of FAN and SNE over the total pre-drill best estimates and (2) some downgrading of the Central and South Fan prospects as the upper fans at FAN1 did not contain commercial amounts of oil.

    pj
 
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