Coobs,
Not sure about drilling between two producers as such, I think you are crossing it over with Austin Bayou.
this is from the original market advice.
"Porosity development within the Smackover has been proven in the nearby Midway Field with over 60 MMBO cumulative production.
The prospect is a mounded feature defined by proprietary, 3D seismic and is interpreted to be a probable bio-carbonate mound. The prospect is situated on a basement hinge ridge, which is an ideal location for the formation of carbonate buildups. The age of the prospect is upper Middle Jurassic to lower Upper Jurassic. During this time the Gulf of Mexico was just beginning to open, creating lacustrine to shallow marine environments within the continent. Hydrocarbon sourcing is from the associated lacustrine facies lateral to the mounds and associated. Quiet marine environments allowed for the bio-carbonate mounding followed by a restricted seaway and thick salt accumulations to provide an excellent top seal. Secondary objectives are the Lower Smackover ‘Brown Dense’ micritic limestone. This limestone facies is well known to be the primary source rock for the entire basin. Porosity development within the Smackover has been proven in the nearby Midway Field with over 60 mmbo cumulative production.
This is a new field wildcat and play type for the area. Success will open up further opportunities available to Grand Gulf and under the LOI Grand Gulf have a right to participate pro-rata in any new prospects generated in a 3D AMI pertaining to this reef trend. Analogues for this prospect are the Appleton and Little Cedar Creek fields in Alabama. These fields produce out of Upper Jurassic thrombolite reefs located along the northern margin of the Gulf of Mexico."
- Forums
- ASX - By Stock
- leduc reef
Coobs,Not sure about drilling between two producers as such, I...
-
- 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 GGE (ASX) to my watchlist
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.47M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 4650001 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 1463800 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 4650001 | 0.004 |
5 | 4050000 | 0.003 |
6 | 3200000 | 0.002 |
4 | 5500000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 1463800 | 2 |
0.006 | 525000 | 2 |
0.007 | 761000 | 2 |
0.008 | 450000 | 1 |
0.010 | 200199 | 1 |
Last trade - 16.16pm 23/08/2024 (20 minute delay) ? |
Featured News
GGE (ASX) Chart |
Day chart unavailable
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online