Hi stumpy,
Agreed, what with COVID restrictions etc. In addition, in my opinion, ODIN is not your standard reserves certification. It discovered a very significant gas column in four separate sandstone formations with both conventional and unconventional pay. There would be multiple MDT data to honour and integrate. Given the 172.5m net gas pay, where at Patchawarra level the 4-way dip structural closure is around 20m, there is the added complication of most-likely stratigraphically trapped gas. Given the 172.5 m gas column, the base of this column is well below the top Toolachee and top Patchawarra Formations in the nearby Strathmount-1 well. Does this have implications for potential commercial gas pay in Strathmount-1 to be considered in the volumetrics. All good reasons for the delay in ODIN's initial, contingent 2C reserves. As we know, it is important to take the time to do these calculations right the first time to avoid the possible embarrassment of having to de-book reserves later on down the track.
Kind regards OldGeo
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