PorosityThe first important factor is whether the porosity of the stone is appropriate for drilling a well. Porosity refers to the tiny spaces within the rocks that house the oil and gas that must be extracted. To determine the porosity of the rock, a mathematical computation is used to conclude which percentage of the rock is taken up by the oil and gas versus the solid stone. When determining whether an area is suitable for well drilling, it’s important to have a minimum result of eight percent porosity. While some oil and gas companies may attempt to drill with lower numbers, these wells are often unproductive and a waste of time and money. The exact porosity numbers are important, but this isn’t the only related factor to be considered. The distance between the pores in the rock can also play a major role in the success of a well. If the pores are located too far apart, the gas won’t be able to flow well, resulting in poor results.============================
We have up to 20% Porosity so that is great, we also have a good pressure formations.
But I what about porosity?
- Forums
- ASX - By Stock
- IVZ
- Potential for Mukuyu-1's Results to be Above Market Expectations
Potential for Mukuyu-1's Results to be Above Market Expectations, page-42
-
- There are more pages in this discussion • 248 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 IVZ (ASX) to my watchlist
|
|||||
Last
6.9¢ |
Change
-0.001(1.43%) |
Mkt cap ! $104.6M |
Open | High | Low | Value | Volume |
7.0¢ | 7.0¢ | 6.9¢ | $35.44K | 509.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 254463 | 6.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.0¢ | 155710 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 254463 | 0.069 |
4 | 204705 | 0.068 |
2 | 218700 | 0.067 |
2 | 44576 | 0.066 |
2 | 250000 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 155710 | 2 |
0.071 | 811144 | 9 |
0.072 | 1000138 | 9 |
0.073 | 1136012 | 7 |
0.074 | 1002617 | 6 |
Last trade - 12.58pm 11/09/2024 (20 minute delay) ? |
Featured News
IVZ (ASX) Chart |