RE: Te1130 Jun 2018 13:40
The bottom hole pressure was recorded at 393.8 bar (against a final drawdown flowing reservoir pressure of 140 Bar in January 2017, immediately following the test, and an original reservoir pressure of 422.6 Bar). The Company therefore concludes that TE-7 has demonstrated a very strong pressure recovery to date. As expected with low permeability reservoirs, the pressure build up is still ongoing and pressure stabilisation is estimated to require a further six to eight months.
A bit of old news, but seems to suggest plenty of gas. The fact the pressure stayed the same at TE5 and 6 means that TE7 won’t be cannibalising from them.