Don't forget PERMEABILITY is the key to flow.
The more I read this stuff.......
---------------------------------------------------------------------------------------------------------
" The results of this analysis have indicated that permeability in these core sections is approximately 20 times greater than the Company’s pre-drill forecasts for permeability in the HRZ at Project Icewine.
Highlights
“Super Highway” Permeability Numbers ~20 Times Better than Pre-Drill Forecast
The results boost the already excellent permeability numbers measured from the core at the Icewine#1 well and provide further encouragement for the potential of HIGH flow rates from the planned production test well, Icewine#2H(?), for which permitting and planning work has begun. "
Dave Wall commented: “As expected, the permeability results from the ‘super highways’ are excellent and provide further support for a resource play that could yield production rates more akin to those normally experienced in CONVENTIONAL wells. An increasing body of evidence from Icewine#1 supports a case for POTENTIALLY EXCEPTIONAL FLOW RATES from the HRZ. The next step is to test this theory via the drilling of Icewine#2H, which will be a horizontal (subsequently changed to verticle/posters comment) well with a multi-stage fracture stimulation.
"Overview Analysis of the core obtained from the Icewine#1 exploration well has confirmed a strong correlation between a matrix of various rock properties in the HRZ shale and the Marcellus and Haynesville shales. Consequently, the Company believes that the HRZ will be highly amenable to fracture stimulation operations. The Marcellus and Haynesville shale plays are successful plays in their own right, achieving flow rates over 30 million cubic feet of gas per day with comparatively LOW DECLINE rates, largely due to excellent permeability. This is highly encouraging for the flow potential at Project Icewine, especially in the context of the thermal maturity difference, which indicates 70% liquid hydrocarbon saturation as opposed to the more gas prone Marcellus and Haynesville shale plays."
http://clients3.weblink.com.au/pdf/88E/01726483.pdf
http://clients3.weblink.com.au/pdf/88E/01723580.pdf
---------------------------------------------------------------------------------------------------------------
This is coming from a guy that is normally pretty conservative with the facts.
Is this PB in the background shouting "HELL DAVE LOOOOK AT THESE NUMBERS !!!"
As long as we have overpressure this SHOULD flow
---------------------------------------------------------------------------------------------------------------
Bottom Seal / Overpressure:
o Elevated pore pressure materially above hydrostatic gradient
http://clients3.weblink.com.au/pdf/88E/01723580.pdf
----------------------------------------------------------------------------------------------------------------
d.
Logic will get U from A to B, imagination will take u everywhere.
- Forums
- ASX - By Stock
- Permeability/Conventional flow rates ?
Don't forget PERMEABILITY is the key to flow. The more I read...
-
-
- There are more pages in this discussion • 9 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 88E (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
-0.001(25.0%) |
Mkt cap ! $43.40M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $46.48K | 23.26M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
474 | 1305395133 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 23140122 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
471 | 1281195133 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 23140122 | 3 |
0.003 | 512385035 | 217 |
0.004 | 160217141 | 104 |
0.005 | 61008289 | 50 |
0.006 | 35001656 | 35 |
Last trade - 15.57pm 17/09/2024 (20 minute delay) ? |
Featured News
88E (ASX) Chart |