HDR hardman resources limited

re: net oil within the 10-40% range - sailorgirl SG wrote..."40...

  1. 371 Posts.
    re: net oil within the 10-40% range - sailorgirl SG wrote...

    "40 km2 x 100m deep at 25% net/gross x 5.5 bls/m3 x = 550 million bls OIL"

    But...
    40 km2 x 100m x 25% x 5.5 bls/m3 = 5500 million barrels!

    Of course there's a shape factor to contend with, variable porosity, fact that the sand channel won't be uniform over the whole region (but one can only hope), and the economically recoverable level being much less, but it's still looking like a darn good reserve!!

    Cheers,
    KA
 
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