RE: Initial developments costs for HE1 at Rukwa21 Dec 2024 18:53
The well flowed naturally at a maximum flow rate of 2,701 barrels per day ("bpd") of fluid on a 36/64ths of an inch choke setting which equates to 834 standard cubic feet per day ("scf/d") of helium
ยท Internal modelling demonstrates that this could increase to 20,000 bpd of fluid with artificial lift in the development phase. On this basis, the Company estimates the actual flow rate would increase to 6,176 scf/d of helium, when applying an average concentration of 5.5% helium"
I would argue your point John, as with artificial lift flow rates potentially well out number HEX. People worry about the idea of artificial lift being something negative. It's not, it is normal industry practice. Redo your maths with the remodelled flow rate for 20 Wells ๐.