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Never ;)
Depends HPHt well
3x refrac
Maybe approx 500 barrels a day
Or $1.6 m a month
Who can say ?
Quantum
I'm sure there's a few Russians on this board !
More disinformation from the Kremlin ;)
V
Like the Mad hatter party from Lewis carrol with all the mentions of Cups....of tea and no one has a Handle ....on anything cause they are all mad ;)
A buys a sell
A sells a buy
Carpe Diem
I'm impressed by Colin Judd
If Roland is Walt Disney
Then Colin is Roy E Disney
Xxx
"gamble whether you wake up"!
I feel like that's a scene from a old movie ;)
https://youtu.be/DZhZAKC9068
Lol
It's not a slam dunk
But in black and white ,yes or no terms if the re-frac works.
Then does that unlock the Eocene middle Sequences
Yes or no
Straight question as I'm dumb ,honest havnt a clue ;)
Its interesting Gordon if the Re-frac works then it arguably it unlocks the Eocene.
Imagine rolling the tech out across the Cambay basin as a first mover it happened in the US
https://iopscience.iop.org/article/10.1088/1755-1315/467/1/012198/pdf
"Features of M&A transactions in the Permian Basin
". The transactions are consistently active, with small and medium-sized companies as key players
Large oil companies, except for Chevron, were pessimistic about the prospects of the Permian Basin,
and sold out their assets in the basin at the beginning of the 21st century. As a result, these assets were
mostly controlled by small and medium-sized companies
With the breakthrough infracturing techniques, some small and medium-sized companies made researches while drilling with the support of high-leverage financing to master key technologies and gain huge profits.
"https://www.investopedia.com/terms/f/firstmover.asp"
"The geology in the Cambay Asset is proven to contain hydrocarbons and has a prospective section of 2800 m. A significant 36 wells have penetrating the Eocene Formation, a tight silt stone section with 16 vertical wells testing oil and gas to surface. The contract area is covered by a high quality 3D seismic survey acquired by Oilex in 2007. The company is committed to implementing proven North American technology to achieve commercial production from the Eocene Formation"
Cambay basin, with an area of 56,000 sq kms is an elongated NNW-SSE rift basin in the western part of India.
https://link.springer.com/article/10.1007/s13202-018-0505-9
http://spt.pdpu.ac.in/downloads/Indian%20Journal%20of%20sedimentalogist_Vol.%2033%20Nos%201&%202%202014-17.pdf
https://www.wpowerproducts.com/news/10-biggest-shale-plays-in-the-us-revised/
anyway all boring !!!
its gamble what in life isnt
Gla
always a good time to pick up bargains if your horizons are long enough I guess
:)
Jasper
I don't even look at this share for days
Investors need "an ability to both disregard mob fears or enthusiasms and to focus on a few simple fundamentals," Buffett wrote. "A willingness to look unimaginative for a sustained period — or even to look foolish — is also essential."
Put simply: "Don't watch the market closely," as Buffett told CNBC in 2016 amid wild market fluctuations.
If I look foolish then so be it
Chill ;)
And a few others
;)
another sausage song!!
https://youtu.be/dLFMyk4HvIU
Sausolito summernight
"all aboard sausolito "
Amid the intensifying standoff between Russia and Ukraine, there is growing fear Putin could turn off the taps, and choke off supply to Europe, which has been standing by Ukraine diplomatically and militarily through NATO, as Russia reinforces its border with more than a 100,000 troops.
If Russia uses gas as a “weapon,” Vitrenko admits, “it will send gas prices and oil prices even higher.” In the winter -- when millions rely in natural gas to heat their homes -- the impact could be devastating.
Plus there’s the economic hit. “We are by far the largest taxpayer and one of the economic kind of pillars,” Vitrenko says, adding that Naftogaz pays as much in taxes as Ukraine spends on its military.
Whether Putin triggers an energy war with one of his largest continental customers is anyone’s guess, which gives him leverage. But the fact that the U.S. is already co-ordinating with its energy partners in North Africa and the Middle East to bolster European supplies shows there are real worries.
https://www.ctvnews.ca/world/disaster-if-russia-cuts-gas-supply-to-europe-putin-a-bully-ukrainian-energy-giant-ceo-1.5769097
According to market participants and analysts, Asia's oil demand is already on a sustained upward trend after a long period of uneven growth as consumption in China and India is looking increasingly resilient, but how OPEC+ members plan their supply response will be crucial in supporting the recovery
https://www.spglobal.com/platts/en/market-insights/latest-news/energy-transition/013122-interview-prolific-scope-for-asian-e-p-revival-as-dark-clouds-fade-essar-ceo
https://www.thetimes.co.uk/article/gas-prices-will-stay-at-record-highs-until-2025-rj602dwh8
guess we ill find out soon enough
GLA
Very true Gordon
But iif the new fraccing techniques increase the volume does that mean the 2p resources increase?
Genuine question?
Boring but I'll give oilex some credit
Look wants happens if u don't play ball in India
https://www.petrowatch.com/synopsis.php?artId=19770&w=1
Geo Global still waiting to sort out there GSPC problems and theirs started Earlier then ours .