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has pasted and posted and that is all good and well as al information. I have seen many posts re CO2 injections but a light 38 api oil does not lend itself to this or any other gas infusion, it is a water flood only at 38 api. The Co2 was A spain thing that we no longer have so best forgotten.
Oil properties are important to technical and economic success of a waterflood. The key oil properties are viscosity and density at reservoir conditions. In a porous medium, the mobility of a fluid is defined as its endpoint relative permeability divided by its viscosity; hence, a fluid with a low viscosity (≤ 1 cp) has a high mobility unless its relative permeability is very low. Similarly, a low-API crude oil (≤ 20°API) has a high viscosity and a very low mobility unless it is heated to high temperatures. Because water’s viscosity at reservoir temperatures generally is much lower than or, at best, equal to that of the reservoir oil, the water-/oil-viscosity ratio is generally much greater than 1:1. The water-/oil-mobility ratio is a key parameter in determining the efficiency of the water/oil displacement process, with the recovery efficiency increasing as the water-/oil-mobility ratio decreases.
Am I right in thinking from that, the electric pump can pump double the amount of oil that the nodding donkey can in the same time?
Brill find Alex, the more you look into this the better it gets . Wonder if the new CEO is thinking about going down the Indonesia route ?
The high api will be beneficial when waterflood takes place,a lighter oil should move easier with out the need for steam or additives,just plain old water
Agree. Robust core assets. All the information/data has been gathered, time to put it to use. Back to basics.
It does look like Columbus Energy is as said , asset rich but cash restrained , and does look like there is many ways to up production at a much lower cost than drilling of new wells. I like this new approach and TBH , NR was a geologist and not an oil man, we may yet benefit from his experience as a geologist as that can now be transferred to the oil man. LK just would not have taken on this project without DD and a without having confidence on the outcome, he just did not have too ! Things will get tasty here soon IMO.
The Bonasse Oilfield discovered in 1911 by the Greig-1 well lies some 10 kilometres from Icacos and has been producing from up to 16 wells at depths up to 1,200 feet. Production was restarted in 1997, but has been temporarily suspended since mid-2016. Oil production comes from sandstones of the Cruse Formation and the oil quality averages 23 degree API gravity. BOLT and LTL are in agreement that significantly greater potential exists for additional production through the application of proven technologies. Additional shallow drilling targets are also available within the field boundaries....
I'll be out in October
I like the look of those electric pumps instead of the antiquated nodding donkeys , looks like yet another way to improve production at low cost IMO
Gordon stein was at moil until oct 2016,Stewart Ahmed was there until Nov 2016,so chief finance and reservoir expert plus the drive of Leo koot,game on
your right s4lmo , worth getting banned for , but craig , nice guy , let us back on ,, after all we dont need to be bad as ritson is no longer,, at least as far as leni is concerned , new guy i think will do well , i see day light NOW , so leni has my full support ,,, nice to know you. , keep in touch , we will meet in benidorm , weather 26 /29 , pool is 28 so all good hope its the same for you ,,,, hope your ok gilly hope you get back , your a good guy to , peter .. 4mo
I've been topping up monthly, lol I'm sure the LTH'ers (your self included) will see this pivotal point, LGO moves to Columbus. Past is history. All the best (an all that...)
Chesh , I'm topping up tomorrow on the dips need to average down
Done !!!!
Sorry MrPlumper, I meant invested, rather than back from a ban! Is Gilly topping up, I should've said. All the best (not used to running with the bad guys!)
Will do
S4LMO So was me and Pikeypete Get him to email Craig he's alright Gilly worked hard at telling the truth about the rat
Pikey ........ we got our wish
Gilly is banned for life he emailed me
Chesh is Gilly banned If so he should talk to Craig nice guy And all we want now is the company to move forward
https://www.youtube.com/watch?v=t3sVmhaS278 will we be using new equipment like this?.
Gilly...... Is he back? All the best (always room!)
You'll miss Neil, Pikey, Even if its for your potty mouth bashing, lol All the best (good to see you in, who's next?)
bet leni now does well , new guy superb , i expect a fairly quick return on sp , and before the smart comments , ritson has gone ,, all i ever wanted ,,, on wards and upwards they have my full support NOW ,,