No. Water tables can rise and fall near the surface due to seasonal variations but not 2000m down. Over geological time the pressure should stabilise across the whole prospect. There are normally minor fluctuations but broadly speaking we use the hydrostatic pressure to get an indication, which for fresh water is equal to 0.433 psi/foot of depth. Since we're at about 1950m here, that's about 2770 psi.
The reservoir pressure will be somewhere around that, give or take a bit.
- Forums
- ASX - By Stock
- Good Oil Conf
No. Water tables can rise and fall near the surface due to...
-
- There are more pages in this discussion • 1 more message 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 STX (ASX) to my watchlist
(20min delay)
|
|||||
Last
22.5¢ |
Change
0.010(4.65%) |
Mkt cap ! $644.7M |
Open | High | Low | Value | Volume |
22.0¢ | 23.0¢ | 22.0¢ | $1.056M | 4.706M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 262128 | 22.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.0¢ | 3834531 | 37 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 233652 | 0.225 |
9 | 1743287 | 0.220 |
19 | 1564612 | 0.215 |
30 | 1432635 | 0.210 |
13 | 804634 | 0.205 |
Price($) | Vol. | No. |
---|---|---|
0.230 | 2686449 | 24 |
0.235 | 2870266 | 22 |
0.240 | 3211588 | 17 |
0.245 | 1422159 | 21 |
0.250 | 3405130 | 29 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
Featured News
STX (ASX) Chart |
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online