RE: Great update12 Nov 2025 11:19
If Pantheon Resources is capturing the gas, flaring should be minimized, though some flaring often occurs during early clean-up. Since only about 20% of the injected fluids have been recovered, the well is still in the early flowback stage. The expected outcome is that as more fluids are recovered, oil production should stabilize and increase, and the company will then be able to report representative flow rates (IP/12 and IP/7) that indicate commercial viability.
Gas Capture vs. Flaring
Flaring happens during clean-up: In the early stages of flowback, gas is often flared because the priority is removing stimulation fluids and stabilizing the well.
Capturing gas reduces flaring: If infrastructure is in place to capture and process the gas, flaring can be minimized. However, some flaring is usually unavoidable during testing, especially when production is intermittent or unstable.
Pantheon’s situation: The update notes steady gas production already, which suggests they may be able to capture some of it, but until flowback is complete, flaring is likely still part of operations.
Flowback Progress (1/5th Complete)
Current stage: Pantheon has recovered only 20% of the injected stimulation fluids. This means most of what’s coming out of the well is still water and gas, with only intermittent light oil.
Expected outcome:
As more fluids are recovered, the proportion of hydrocarbons (oil and gas) should increase.
Oil flow should become steadier, giving a clearer picture of reservoir performance.
Once cleanup is complete, Pantheon will measure IP/12 (12-hour initial production) and IP/7 (7-day production) rates, which are industry-standard indicators of commercial potential.
Timeline: The company has said this process will take “the coming weeks” before representative production rates can be determined.
What This Means for Investors
Early signs are positive: Steady gas and intermittent oil at just 20% cleanup is encouraging.
Key milestone ahead: The real test will be the stabilized production rates after full flowback.
Commercial potential: If IP/12 and IP/7 rates are strong, it sets Pantheon apart and validates the Ahpun project’s viability.
GLA. We will know soon I guess but I still think to stop guys like Leesteuk, Bullshiat, and the other user names they use to fish “stop loss” parameters set by legimate holders in order to “steal” their shares via crooked brokers and MM’s is pathetic and quite frankly is illegal and tantamount to “insider trading” which FCA is very interested in.