NSE 0.00% 0.4¢ new standard energy limited

what have we learnt so far, page-4

  1. 6,046 Posts.
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    Slampoil

    We, some people know that you are trying to downramp NSE for some time by even creating many false rumours.

    Now you are making false techinical statements here.

    What you said is not correct "I think it is time for you to get a grip on how the unconventional dry gas works in the USA, look at the well depth and drilling cost in the USA for a start."

    What a crap! Some of the prospective US shales are even deeper than Goldwyer. it is very well know that very shale is different and pay zone may require a unique treatment. (see below Halliburton's statement).

    I can post hundres of documents and link for proving this here. (It would be too much anyway)

    Let's start with one of them;

    href="http://www.halliburton.com/public/solutions/contents/shale/related_docs/H063771.pdf">Source: Halliburton - US Shale gas - An Unconventional Resource. Unconventional Challenges, Click here

    "Every Shale is Different
    Due to the unique nature of shale, every basin, play, well and pay zone may require a unique treatment. Briefly comparing the characteristics of some of the current hottest plays can help illustrate the impact of these
    differences throughout development."

    "Haynesville shale...environment already has proved especially challenging. Compared to the Barnett, the Haynesville is extremely laminated, and the reservoir changes over intervals as small as four inches to one foot. In addition, at depths of 10,500 to 13,500 feet, this play is deeper than typical shales creating hostile conditions. Average well depths are 11,800 feet with bottomhole temperatures averaging 300°F and wellhead treating pressures that exceed 10,000 psi".

    "The Bakken differs from other shale plays in that it is an oil reservoir, a dolomite layered between two shales, with depths ranging from around 8,000 to 10,000 feet. Oil, gas and natural gas liquids are produced."


    You know how to convert the feet to metres, don't you!
    Then make the calcualtion yourself.
 
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