"The early presence of this gas production has made operations challenging with drawdown rates inhibited by the amount of gas that is dissolved in the water and consequently in the artificial lift system. The operations team continue to manage through the situation and drawdowns continue. Water rates have been approximately 100 bpd with drawdowns increasing over the last few days of operations"
I would say that the dissolved gas slowed the lowering of the BHP by a few weeks. Probably why we haven't had anymore news on this.
If you look at the model from the last Qtrly they were intending to flow at 200-250 bbls during the early phase of dewatering / lowering of BHP.
page 4: http://www.strikeenergy.com.au/wp-content/uploads/2017/10/20171026_-Quarterly-and-5B.pdf
"The early presence of this gas production has made operations...
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add STX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
20.0¢ |
Change
0.010(5.26%) |
Mkt cap ! $572.1M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 20.5¢ | 19.0¢ | $1.776M | 8.916M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 638944 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 1149148 | 10 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| STX (ASX) Chart |