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It was quite interesting Gordon
Cause it showed that even in the permian it took a series of progressively improving wells to achieve commercial conditions.
May have been Devon energy just can't remember .
Just though someone might
Hi Gordon
Here's a question for us long timers
I vaguely remember Syn or as it was then oilex showing us a presentation on circa ,,2016 on how certain north American fracking companies took two or three or four wells to achieve optimum rates.
Anyone remember this?
Dare I say so it's more relaxed like this without the "chattering classes"
The masses chatter wherever they mass,
the classes chatter even during tests,
while the Chattering Classes speak for themselves alone,
testing others’ patience. The patients, depleted
from chatter surfeit, are admitted
to the institution and quickly plug their ears.
TV talk show pundits, formerly feared,
go mute with the touch of a button. Lip-reading
patients, keen on self-preservation,
turn away from the screens. No escape:
on bulletin boards flyers announce classes
on “Chatter Today”—how to make your own
and be heard, how to understand others’, how to
genuflect and observe the rituals of a chattering mass.
I'm surprised some people can't see the woods for the trees .
The whole markets shot today.
Guess it a time to buy for those with big CHONES ;)
I got small buys so don't know what that says about my virility ;)
https://asia.nikkei.com/Opinion/Asia-must-prepare-for-looming-oil-and-gas-shortages
https://oilandgasinfo.ca/all-about-fracking/fracking-explained/
Gordon
Fracking typically starts at the toe, or end of the horizontal leg, and works back to the vertical part of the well. The process is referred to as multi-stage hydraulic fracturing. Commonly it takes an average of 10 to 15 stages to ensure adequate coverage of the reservoir to maximize the recovery of the oil or gas it contains. The number of stages depends on the lateral length of the well.
10 to 15 depending on the length of the well!!
It takes more then two fracs
Syn have said
As previously announced, supported by the workover results of C-77H, Synergia plan to farm out up to 50% of the Cambay PSC and have selected their advisors for this process who have extensive knowledge of the Indian oil and gas industry as well as a global reach and excellent success-based track record
What the F**k is not to like !
yes vacation
The flow nos and current market rates seem to support a decent cash flow in the future.
The fact it will take several months to identify a JV partner seems to indicate they believe fracks will stay open this time.
All good news and good cash flow