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Gulf Keystone Petroleum Share Chat (GKP)



Share Price: 45.75Bid: 45.50Ask: 46.00Change: 0.00 (0.00%)No Movement on Gulf Keystone
Spread: 0.50Spread as %: 1.10%Open: 46.00High: 46.50Low: 45.00Yesterday’s Close: 45.75


Share Discussion for Gulf Keystone (GKP)


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NickiMinaj
Posts: 1,261
Off Topic
Opinion:Strong Buy
Price:48.00
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RE: Atrush, old one
Tue 01:39
That is most excellent dude!

The Great Swarmi said that "sparse" fractures could give a fracture porosity of 0.5% or less, whilst 3%+ could come from "intense and invasive" fracturing. His comments are on the Dalesmann site.

The more we look at this, the more dubious the CPR and its 0.4% becomes...
 
NickiMinaj
Posts: 1,261
Off Topic
Opinion:Strong Buy
Price:48.00
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RE: Nicki
Tue 01:32
Many thanks for this, it's very helpful.

Dalesmann was looking at the Atrush numbers and my chums and myself have also (during the past couple of months) gone through the numbers and reached the conclusion that the fracture porosity being assumed by RPS for Atrush was very high indeed. We didn't have any BBBS analysis, we just worked with the raw numbers.

Your reference to Taq Taq is very interesting as well. We've found academic references to Taq Taq wells which give high fracture porosity figures.

btw I've just found comment from 2012 by The Great Swarmi, it's very important comment indeed imo.

Cheers,
kANDYMAN
Posts: 118
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Opinion:No Opinion
Price:48.00
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Atrush, old one
Mon 23:57
In the absence of well log data, RPS has used its previous experience of Mesozoic limestone reservoirs in Kurdistan, e.g. at Miran West (some 150 km from Atrush) which is in the public domain, as an analogue. This is partly because RPS has had access to raw log data from Miran whereas RPS has only seen reported results from the adjacent Shaikan-1B well which are not supported by raw data. RPS Energy’s previous experience of Mesozoic limestone reservoirs is that they tend to be very low in primary matrix porosity with a small, but significant, percentage (i.e. up to 2%) of open fracture porosity. Reports in the public domain from the adjacent Shaikan-1B suggest the Jurassic is dolomitic, which would make it more likely to have some matrix porosity. As a result two reservoir models were adopted herein: one where matrix porosity was deemed ineffective and that all produced hydrocarbons came from the fracture porosity and the other where both the matrix and fractures contribute to the in-place volumes.'
kANDYMAN
Posts: 118
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Opinion:No Opinion
Price:48.00
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Nicki
Mon 23:45
I hold many posts from the the so called genius bbbs which state that high fracture porosity stated by rps on atrush seems enormous and that dual porosity is more important, the matrix porosity holds the key, he says.
Now why rps only mention fracture porosity on oip tables on atrush.
Is shaikan more similar to atrush than bbbs thought?
Taq Taq. 3% fracture porosity I believe. Atrush figure much higher.

Might be worth lookin at tables from atrush block again.
Try seder. Com.

Andean good to see you on form.
Yellowcraig
Posts: 42
Off Topic
Opinion:No Opinion
Price:48.00
Walking Eagle
Mon 23:38
Walking Eagle. Allegedly an old Native American term for a bird so full of sh*t it can no longer fly.
layercake
Posts: 716
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Opinion:No Opinion
Price:48.00
Koolkeith
Mon 23:28
Yellowcraig
Posts: 42
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Opinion:No Opinion
Price:48.00
Misleading
Mon 23:23
I do wonder whether certain conversations taking place on here, which are portrayed as two separate individuals , is in fact one poster using multiple accounts to try and add credibility to their views.
KoolKeith
Posts: 967
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Opinion:No Opinion
Price:48.00
Crazy!
Mon 23:13
layercake
Posts: 716
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Opinion:No Opinion
Price:48.00
GKP
Mon 23:12
You could almost compare it to Italy. Italy is declared by other European neighbours as a country in crises yet, Italy is the third largest holder of gold in the world. The US is the number 1 holder with 20,000 tons but what they don't tell you is that most of that gold belongs to China.
NickiMinaj
Posts: 1,261
Off Topic
Opinion:Strong Buy
Price:48.00
Gramacho - Atrush
Mon 23:10
Here's an extract from one of his posts. You can easily find the full vfersion.

Very significant numbers, I would say...

RPS Estimate for Atrush Mean OIP
Gross 100% Fracture Porosity Only = 1872 mm bbl
Gross 100% Dual Porosity (fractures + matrix) = 4093 mm bbl





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