we'll only be able to produce oil down to zone 15. Any lower and the oil has too much entrained gas in it and we simply don't have the kit to deal with it.
Oil production down to Zone 15 will keep us ticking over cash positive. Quite what the plan is for the deeper zones is anyones guess.
They proved all these zones up in the early 2000's under SN's leadership. RNS's from way back reporting Niko doing in excess of 1000 BPD. Failed packer stopped play.
has been a revelation. Instead of singing from the rooftops about just how good Zone 19 results were, the get rich quick brigade decided to up sticks and be off. UD2 is not the be all and end all of FRR. Even if the well was able to produce commercial quantities, there's nowhere to sell it.
Look again at the gas flows reported from Zone 19 and do the maths. We'll probably need a pipeline to Azerbaijan, but booking reserves can't be too far off.
The flowing properties of the well will determine what type of treatment plant will be needed to process the gas. I'm not sure how much oil they'll be allowed to produce from zone 19 whilst continually flaring gas. If we've got to process the gas whilst producing oil, this could delay things by quite a few years lol.
Main thing is, there's oodles of hydrocarbons down there. 😀
Gas?? We have sh*t loads and it's flowing from Zone 19 out of T39 well. OK, so it's wet gas. Big deal. Never mind UD2, we can flow gas and oil from Zone 19, T39.
I doubt we'll be allowed to flow oil alone from Zone 19, as the gas will need to be flared. The story is still unfolding.