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I think Marti 5 recovered 44bbl of 24 API. You might have...

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Tomcat69

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04/04/22

14:57

Post #: 60633949
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Originally posted by thecone: ↑

Think a lot of upside could come from knowing the oil api number.
The lighter (higher) it is the less viscous /heavy the oil.. The more of it will flow.
All of may's prospective resource numbers are predicated on recovering only 5pc of the oil in place ( could still be huge) as that is the norm at in northern Cuba. Varadero etc.

However may have drilled much deeper where the pressures and temperatures are much higher, ideal breeding ground for lighter oil, and indeed the Marti 5 drill recovered oil of 44api (much lighter than Varadero ) some time after it was drilled in 1988..
The lighter the oil is, the exponentially positive effect it has on the recovery factor of the well without needing to be more oil originally in place.
One would have to expect we would log something similar or better, given the marti5 well was 'damaged/poorly completed '
This could blow may's prospective best and high estimates away .....by the time the rig moves to Zapato there will be some basket cases here and hype could send it anywhere.
Keeping an eye on the api numbers from these deeper horizons will be the trick. Higher api, higher recovery factor, higher Resource numbers (from same OOIP) higher sp... More straight jackets reqd.
That's the hope anyway

Gltahs tc.

PS, perhaps @VOGC could explain how the relation between api and rf works more mathematically?. Cheers

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I think Marti 5 recovered 44bbl of 24 API. You might have mistaken barrels for API.
Either way 24 API oil is still going to flow very well, light enough and pressurised enough to obtain a great flow/improved recovery (as against Cuba average).

MAY Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
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I think Marti 5 recovered 44bbl of 24 API. You might have...

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I think Marti 5 recovered 44bbl of 24 API. You might have...

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Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

BCI reaches close of funding facility for salt-first part of Mardie project

Buxton projects new graphite province discovery at WA Narryer play

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