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@penguins
Per RNS 17/05/2019
“As previously stated, based upon well-established reservoir engineering metrics, it is expected that HH-2 has the potential to achieve a rate of 2-3 or more times the HH-1's vertical rate of 362 bopd.”
Stop being disingenuous.
Red
It's chicken and egg really. UNTIL the horizontal leg has been tested then ANY figures quoted may not be correct.
SS hedging his bets as he doesn't want to be proved wrong.
Proof of the pudding is in the eating.
Patience is the best option, but all looking positive at the moment.
Wizard,
I think UKOG stated in the last RNS 2 or more times the flow rate of the HH 1 well, they didn't actually say what flow rate nor a target bopd.
If you know better then post your estimate, but it obviously isn't a simple ratio of hole length in the reservoir.
Yes Penguins
I notice that yet again you are only telling a small percentage of the real story!
No surprise there then is there!
Then please:
Take the number of meters of perforations in the currant KL 3 - (35m) or KL 4 -(38m) & do the calculations with that based on a 2000m side track perforations.
Now will you please tell me how many barrels of oil per day that equation will give from 1 horizontal well?
Or
Will you as I expect either not reply?
Or
Try to baffle everyone with one of your obscure posts?
JPTop.
You've mangled what was in the RNS 10 October, this is what was stated.
'KL3 flowed 40-41° API continuously and naturally to surface (i.e. without any pump) over a 50 hour initial planned oil flow period
Sustained continuous oil rates of between 563 and 771 barrels of oil per day ("bopd") on 36/64 and 38/64 inch choke, respectively, recorded over last 24 hours.'
and for a fuller picture with a bit more than just initial rates - 15 November RNS:-
'KL3 produced at an initial metered sustained natural flow rate of 771 barrels of oil per day ("bopd"), with a maximum recorded half hourly rate of 902 bopd. The average sustained daily rate over the full test period was 342 bopd.'
January 16 RNS
'Commingled KL3 and KL4 production from an aggregate 187 ft perforated interval commenced on 4th December at a maximum half-hourly rate of 426 bopd'
16 January RNS:-
'Following the installation of a new downhole pump and an optimised surface hydraulic pump unit, stable commingled production resumed on 7th January at an increased initial rate of 525 bopd. The sustained daily rate over the subsequent week averaged 303 bopd. A de-waxing treatment applied on 14th January led to an increase in hourly rate to 351 bopd.'
No further rates were mentioned in the next RNS.
Notice anything.
KL3 flowed 40-41° API continuously and naturally to surface (i.e. without any pump) over a 50 hour initial planned oil flow period
We also tested the deeper naturally fractured Kimmeridge Limestone 3 ("KL3") and KL4 oil pool, which during its initial 50-hour period produced 563 to 771 bopd from the single KL3 perforated zone alone. The 40-41° API crude oil flowed continuously to the surface with zero water content. The test data confirmed that the Kimmeridge oil pool produces from one single vertically-connected 600ft (200m) or more naturally fractured zone, extending from the deeper KL2 to at least the top of the KL4 zone. Oil production is interpreted to come from both naturally fractured limestones and calcareous shales, which is an unexpected learning.
The well's performance in the Portland has also underscored Xodus' and the Company's predictions that future horizontal well performance could achieve two or more times that of the single vertical HH-1 well. Recent pressure build-up data also indicate that the HH-1 well likely "sees" a larger connected oil volume than the 7 to 11 million barrels Xodus reported last year.
Tankers mystery the Tanker company does most services including transportation of oil to refinery . for further information follow the links on twitter shows the mentioned tanker company leaving refinery .
OilMaster
?
@OilMasterUKOG
2h2 hours ago
More
#UKOG A few BKP OIL tankers going to BP OIL terminal in Hamble
For those getting confused ?????