TSV 0.00% 0.8¢ transerv energy limited

Yep very encouraging news indeed....• on a choke of 40/64ths,...

  1. 2,568 Posts.
    Yep very encouraging news indeed....

    • on a choke of 40/64ths, the well flowed an average gas rate of two million cubic feet a day (2.0mmcf/d)
    • The Operator is keeping the choke at 40/64ths to maintain optimal flow stability through the gas/water separator unit. [Maybe separator unit could now handle any faster with current amount of fluid??? – holding the reigns tight on this one!!??]
    • last Tuesday week (May 12) the choke was increased from 40/64ths to 58/64ths with the following increase in flow rates (after 7 hours):

    Choke 40/64ths 58/64ths
    Gas flow 1.3mmcf/d 2.1mmcf/d

    As demonstrated above, at a 58/64ths choke the well is expected to flow at significantly higher gas and fluid rates.
    • Comparing today’s test results to last weeks there has been a 50% increase in the like for like gas flow rate on a 40/64ths choke, and the fluid flow rate has halved.



    Pretty clear to me....this will be commercial but taking longer than expected to clean up. IMHO.

    Only concern is Occam’s comment about maintaining pressure throughout production.

    Your thought on the latest announcement Occam would be appreciated.

    Am I the only one giving this latest announcment the "thumbs up"???
 
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