The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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one already parked on 2.45p and one on 2.5p
Garnhiem. I really wonder how much value what's left of the pre-LK BoD (or even NR) has to add. I think the scales have fallen from most LTH's eyes.
I'd much rather see a gradual clear out, than an immediate one! Lessons are only ever learnt through making mistakes. Neil and the rest of the board can provide past experiences in KT's future decisions. Bringing a good balanced assessment in providing the best results.
Valueit / Garnhiem. Not sure that cut and pasting various technical options is that informative until there is news from the company that we can analyse from the technical and (crucially) financial point of view. Let's wait and see what the plan is.
Knows all about swag he ran off with most of it! Seriously though a couple of good posts from Garn and Free...at least there is renewed optimism resulting in more informative posts coming through. GLA
Introduction Oil recovery from mature waterfloods can be enhanced by combined injection of water and gas in an alternating (WAG) or simultaneous (SWAG) scheme. However, less experience has been gained on SWAG compared to WAG and hence the process is less known. SWAG appears to provide better control of gas mobility than WAG, resulting in improved sweep efficiency in addition to more steady gas production and GOR response. In some oil reservoirs (especially offshore) a relatively small amount of produced gas and/or a rapidly falling gas rate makes it uneconomical to develop a gas export solution. It is also not economically viable to supply gas to these reservoirs for a continuous gas injection scenario e.g. remoteness from source of gas. Re-injection of the produced associated gas together with water to provide reservoir pressure support, better sweep and hence increased recovery, appears to be the best overall solution. In these cases, SWAG offers a solution whereby a changing mixture of injection fluids could be used and a total void replacement could be achieved by combining produced gas and water supplemented by sea water to the required injection volume. From environmental point of view, in cases where export of gas is not economical, re-injection of the produced gas in a SWAG scheme can significantly reduce or in certain cases eliminate the need for flaring. SWAG injection can cut both capital and operating costs and improve gas handling and oil recovery. It can also eliminate the need for separate water and gas injection lines to the injection wells. https://www.onepetro.org/conference-paper/SPE-94073-MS
saltere I'm hoping that the first news (which we might have to wait patiently for) will be a proper clearout. If that happens and NR's involvement becomes increasingly limited, we will know that there has been a clean break with the past. Otherwise the inevitable internal debates about the merits of past decisions, as legacy management try to explain and/or excuse what has gone on in the past, will just pull focus from what needs to be done. I would imagine (indeed hope) that LK and his crew are becoming increasingly annoyed as they follow up on their initial due diligence and give the tyres a good kicking. That annoyance should translate into decisive action. If they are not annoyed, they are not looking hard enough (or are not the people that we hope they are).
Any news from the visit to Trinidad?
Gl twinkle.
Time to go all in i believe..full lot including the kitchen sink for TT12
higher just back in March 2017
4 mm's - 2 already parked on 2.45p
This dog will be barking good & loud very soon.
How far we drift backwards until we receive stabilising / uplifting news? Share Talk Q&A? I'm not sure an Rns will appear any time soon - I'll happily be wrong though.
bid support gaining
why is this dog down again, rant over
looks like more down
WAG sounds sexy :-) lol
Will bring to the SP!
Various EOR techniques include; Gas, polymer, alcohol, thermal Injection etc. But this article focuses on gas injection only which is among the predominant enhanced oil recovery techniques around the world. Due to high economic cost of gas injection only , a more economical solution was developed which involves injection of gas and water alternatively commonly referred to as water alternating gas (WAG) flooding.WAG process entails injecting a slug of gas in to the reservoir followed by water which serves as the "chasing fluid". This cycle is repeated as determined by the operator. The process basically involves two steps; The gas is injected first which reacts with the oil thereby swelling the oil hence reduces the viscosity of the oil consequently making the oil more mobile and easier to flow. The interfacial energy between gas and oil system is lower to water and oil system and this enables the oil to be displaced by the gas which would not have been accessible by water alone. https://www.linkedin.com/pulse/water-alternating-gas-wag-injection-enhanced-oil-ibrahim-muhammad
NR prolly be scratching his head soon and saying "what's wrong with the old donkeys https://m.youtube.com/watch?v=cpyEQzaTXJI
I've tried that but I can't find the cost so you are a better man than I am Gunga Din
That's the question, DYOR the answers are out there. All looking very positive ,goodnight.
I wonder how much they cost and how many we can afford?
That's correct Peter and we don't need to haul over 15 tone of equipment to the next well.