STO put out an interesting Ann today about successful drilling in South Moomba fields.
Using standard Vertical wells drilled to about 3,000m they were able to get commercial gas flows with a maximum flow rate of 8.7mmscf/d
This makes Jaws at 200,000scf/d look bad !!!...... OR is Jaws on a total different set of metrics.
Some commentary might help explain this for ever ones benefit.
I can't remember but i think someone on HC suggested a Com Gas Rate for Jaws was circa 800,000scf/d
How does this work when its also been stated that a Jaws 2 future well pad would cost circa $13m per well site (maybe i am wrong)
I really do not profess to understand how flow rates are assessed on the basis of flow rates to Capex to announce them as Commercial.
It would be great if others know this .... and could provide a comparison between STO Vertical drill success in nearby permit versus how Jaws is progressing eg how long did it take for STO to get to max flow rates, BHP etc .... OR even IF trying to compare the 2 is not even relevant to Jaws?
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