Well micro , although coal bed methane is a little different to everyday gas drilling,my understanding is that the reserves are not even comparable. Having said that CSM gas is reliant on a larger number of wells running concurrently as flows are much slower than with traditional natural gas wells. Having said that the rigs are smaller,cheaper and more mobile than with traditional gas production.
ECU is currently re-mapping their field to come up with more definite figures but if what Enron thought is any indication then we are talking many.many TRILLIONS of cuft of gas. Will be interesting to see how MOS performs relative to ECU but both seem to be doing well.
Cheers,
Ed.
- Forums
- ASX - By Stock
- ECU
- gas can smell lovely when it's flowing
gas can smell lovely when it's flowing, page-17
-
-
- There are more pages in this discussion • 31 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 ECU (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online