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Thanks for the info much appreciated.BOB
Hi Bob;
If a well is plugged and abandoned for example it has a series of cement plugs installed to make sure it is inert.
if a well is suspended it usually uses retrievable plugs which can be retrieved via wireline so that further testing or logging operations can be resumed.
Obviously if it were thought relevant to re enter an abandoned well the cement plugs can be drilled out.
ddboy
this is an interesting line
-> "Kinetix stimulation-to-production software is an ‘add-on’ to the Schlumberger Petrel software platform, which Sound Energy technicians and engineers currently use. "
currently use!
IF slb took this new technology to T10 as an example would they have to re-drill or could they go down the original drilled hole? excuse my ignorance but there are people on this bb who have worked in the industry and can perhaps answer my query.BOB
Thank you for your enquiry and technical interest. I hope that this answers your question. The TE-10 mechanical stimulation was designed, planned and executed by an experienced crew of Schlumberger engineers from Algeria, drawing of specialist expertise within the Schlumberger global organisation and working alongside Sound Energy engineers and technicians. The Schlumberger HiWAY fracturing technique was indeed deployed in TE-10, the first use of this technology in Morocco. Wireline data acquired during the operations indicated that the mechanical stimulation was successful as stated in our RNS of 21 May 2019. Unfortunately, despite all our efforts, the well did not flow gas at commercial rates.
The other software mentioned was not required by the Schlumberger engineers for the TE-10 operational design, planning and execution.
WellWatcher Stim is a remote monitoring package applicable when an engineer is required to perhaps monitor the operations remotely. This is largely used in multi-well operations where an engineer or team is monitoring multiple wells off site. In the case of TE-10, the engineers were on site monitoring the stimulation although the data was streamed for analysis by Schlumberger technicians located at their technical centres.
ACTive DTS is a coiled tubing intervention using optical fiber-optic technology to collect continuous temperature profiles along the length of the well. This technology is more application to horizontal wells with multiple mechanical stimulation stations. TE-10 was a vertical well and we obtained the necessary temperature profiles with wireline.
Kinetix stimulation-to-production software is an ‘add-on’ to the Schlumberger Petrel software platform, which Sound Energy technicians and engineers currently use. Kinetix integrates geology, petrophysics, engineering, and geomechanical datasets to build a 3D simulation model of the fracture and requires a sufficiently large dataset from multiple wells for robust model calibration. The Hamra Field mentioned in the extract has multiple wells, TE-10 was a single well.
There was a query some days ago with regards to whether or not the technologies used in Algeria could be used to commercialise TE10 - see previous comment below. I asked the company via email and will post the response shortly.
"In Algeria, Schlumberger Reservoir Performance executed the first horizontal multistage plug and perforate hydraulic fracture in the tight sands of the Hamra Field, significantly contributing to field production for Sonatrach. The application of an integrated suite of Schlumberger stimulation technologies resulted in gas production exceeding offset wells. Using technologies, including Kinetix* reservoir-centric stimulation-to-production software, WellWatcher Stim* stimulation monitoring service, HiWAY* flow-channel fracturing technique and the ACTive DTS* distributed temperature measurement and inversion analysis, the project delivered increased gas production while reducing required proppant and water volumes. This process accessed gas reserves that would not have been monetizable otherwise, setting a path for further development of tight gas resource in the Hamra and similar fields. "
£1 within the next 3 years....... WOW! and not a chance!! Be lucky, very lucky, to ever get into double figures again within the next 10 million years
From Schlumberger Q1 2021.
In Algeria, Schlumberger Reservoir Performance executed the first horizontal multistage plug and perforate hydraulic fracture in the tight sands of the Hamra Field, significantly contributing to field production for Sonatrach. The application of an integrated suite of Schlumberger stimulation technologies resulted in gas production exceeding offset wells. Using technologies, including Kinetix* reservoir-centric stimulation-to-production software, WellWatcher Stim* stimulation monitoring service, HiWAY* flow-channel fracturing technique and the ACTive DTS* distributed temperature measurement and inversion analysis, the project delivered increased gas production while reducing required proppant and water volumes. This process accessed gas reserves that would not have been monetizable otherwise, setting a path for further development of tight gas resource in the Hamra and similar fields.
RS, sound didn't leave down hole pressure gauges at TE10 for fun. From memory the issue was water ingress which bi heard could be pushed back with gas pressure build up but someone else could clarify that.
Sounder. It would be daft not to, especially with the recent 7 pps target price. I'm expecting (not hoping) for these to be back around £1 within the next 3 years, now that the company is in graham's very capable hands. Also with Schlumberger's new tight sands drilling formula developed for Algeria, wells like te10 will be successful with te10 being returned to at some point.
I'm still adding as and when funds allow.
I wouldn't dream of selling out at a stupid price.
We have an attractive asset and now a trustworthy management team.
Gla
SP Angel values it at $154.4m, 7.5p per share, 6.5p after adding the current -1p value. Lots of hurdles to jump first.
47.5% of $2.5 billion dollars plus exploration, cheap as chips, fill your boots, billion dollar upside :-P
Ps. Apologise but you seem to show a profound bitternes regardless whether it is the case or not.
It's actually overvalued. SOU's own commissioned valuation tells you that even after LNG is finalised it's worth -1p (MINUS ONE) per share. There is no near term transformational news coming. That would require Graham to announce a farm-in and the raising of a $90 million loan for a pipeline. It would remain to be seen how much of the company was given to the farminee. Right now -- and likely for quite some time to come -- SOU is worth literally less than nothing.
Sometimes I think this share is so undervalued, hoping for transformational news in next weeks or so. Duly added small amount to my holding today.
https://northafricapost.com/49521-sound-energy-to-supply-9-of-moroccos-gas-needs-local-media.html