RE: Share Price16 Jul 2021 19:22
just to remind ourselves
https://www.petroleumnews.com/pntruncate/90654407.shtml
Tom Stokes is the man at DOG who signs off many of the major projects and working unit applications, he would not endorse lightly.
given before but industry standards for core analysis
Core Analysis
The set of measurements normally carried out on core plugs or whole core. These generally include porosity, grain density, horizontal permeability, fluid saturation and a lithologic description. Routine core analyses often include a core gamma log and measurements of vertical permeability. Measurements are made at room temperature and at either atmospheric confining pressure, formation confining pressure, or both. Routine core analysis is distinct from special core analysis (SCAL). Recommended practices for routine core analysis are available in the API document RP40.
https://glossary.oilfield.slb.com/en/terms/r/routine_core_analysis
http://w3.energistics.org/RP40/rp40.pdf
https://glossary.oilfield.slb.com/en/Terms/d/dean-stark_extraction.aspx
if cores are unsatisfactory or corrupted then I doubt we would be continuing with expensive lab tests SARA & VAS but just my opinion based on what I have read.
SARA Analysis
A method for characterization of heavy oils based on fractionation, whereby a heavy oil sample is separated into smaller quantities or fractions, with each fraction having a different composition. Fractionation is based on the solubility of hydrocarbon components in various solvents used in this test. Each fraction consists of a solubility class containing a range of different molecular-weight species. In this method, the crude oil is fractionated to four solubility classes, referred to collectively as SARA: saturates, aromatics, resins, and asphaltenes. Saturates are generally iso- and cyclo-paraffins, while aromatics, resins, and asphaltenes form a continuum of molecules with increasing molecular weight, aromaticity, and heteroatom contents. Asphaltenes may also contain metals such as nickel and vanadium. This method is sometimes referred to as Asphaltene/Wax/Hydrate Deposition analysis.
https://glossary.oilfield.slb.com/en/Terms/s/sara_analysis.aspx
Volatile Analysis Service
Reservoir fluid analysis is critical for understanding oil migration occurrences and variable reservoir characteristics when designing a field development plan.
https://www.bakerhughes.com/evaluation/surface-logging-services/cuttings-gas-evaluation/volatiles-analysis-service-vas
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