NEO nuenco nl

news in n/c, page-32

  1. 7,611 Posts.
    re: neo- spp underwritten ??? MaGorgan , testing for gas is the same process as testing for oil.
    You simply isolate the 'zone of interest' and run electronic logs or DST's over that zone to determine pressure , permiability , chemical composition etc ... from there you calculate flowrate and resrves estimates (P10~P90).
    P90 = Proved Reserves
    P50 = Proved and Probable
    P10 = Proved , Probable and Possible Reserves

    DYOR : www.glossary.oilfield.slb.com

    Cheers
    SALTY
 
watchlist Created with Sketch. Add NEO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.