MEL 0.00% 0.5¢ metgasco ltd

Thanks.... whilst i'm jibbering on and have some...

  1. 40 Posts.
    Thanks.... whilst i'm jibbering on and have some appreciation.....

    Energy density of Methane (CH4) = 0.0378MJ/L

    1 Ft^3 = 28.317 L

    =(0.0378*28.317)/(10^9-10^6)

    =0.0010703 GJ/Cubic Ft (100%pure)

    0.0010703*4*200000

    Allowing for impurities= $800 per day for 200'000 cubic ft. At current gas prices... hence we need a whole heap of wells @ that flow with more gas.... Preferably through the end of the pipes....Right MEL?

    Although this flow is technically considered 'commercial' it is borderline hence the multi double laterals that are being drilled at the moment. Exposure of 2000M of the formation should yield some pretty decent flows. The data must have revealed good CH4 saturation but low permeability. Great permeability would have been marvelous but is rare. By exposing so much of a formation one would expect good flows for a long time.... Expect an upgrade of P2 and P1 after flow testing these are after all production wells.
 
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