EMR 3.86% $3.49 emerald resources nl

update from arq, page-5

  1. 818 Posts.
    OK, since last post, here's some more food for thought.
    I think the production tubing is about 3.5 inches? any advance?
    If so the capacity of 3.5 inch tubing is approximately 8.3 barrels per 1000 feet. Depth of well is 2,777 meters or back to American speak 9,110 feet. Capacity of the tubing is then approximately 75 barrels.
    Mud recovered so far is 624 barrels. That's 75 barrels from the tubing and 549 barrels from the formation.
    If you have been paying attention to my previous posts, you will recall that once the mud is being removed from the tubing, it creates an area of lower pressure for the formation mud to move into at the base.
    So far so good, because it means that the reservoir pressure is pushing the mud towards the tubing.
    The plan is working.....there is pressure in the formation.
    Just trying to cheer folks up on election weekend.
 
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