The fracture porosity (although unstated) can be approximated using volumetric data (Gramacho looked at this yonks ago) and the Atrush fracture system has been found to give "excellent pressure communication" and "multi-Darcy permeability" over a horizontal distance of 3.1 kilometres in the Jurassic.
You see it's like this. We have contracts with other suppliers and oil companies and we MUST pay or be taken through the courts. KRG have a contract with us to extract oil. They too MUST pay or the above applies. Both us and them have cash flow problems. We therefore HAVE to borrow the dough at whatever rates to pay our debts. And so MUST they. Turning off the taps won't do it frankly. Then we are potentially in breach ourselves, even though clearly we can't dig the stuff out forever without being paid. Sounds like a consortium approach from the producers is required. Class action type of thing..........
It certainly wouldn't do ant harm lol What I was trying to say is that if the budgets have been passed and then in turn we do start receiving regular payments, surely this means that Baghdad have, in essence, agreed to the contracts signed between the KRG and the oilies. Therefore a formal (or lack of) O&g law wouldn't prevent a TO?
Yet another cheeky wee top up for me too. Managed to average down to half of that which I started with. Still got a long way to go though but this is good news for us. Start regular payments and we are off!!
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