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Come on lorna, we need an interview !
She did say the results were diluted due to drilling mud so potentially expect higher .
Lucky for some we have strict gun laws in the UK , if this was in the states it would be six dead all over the late news .
Https://www.canoverseas.com/wp-content/uploads/2022/10/WOGCC-DOCKET-775-2022-Exhibits.pdf
Kno777, it would have demonstrated a bit of confidence in the operation wouldn't it ,if they had chipped a couple of million into the purse .
Personally i,d like to see a technical explanation as to why the miscible flood is not responding as expected, these are stacked fields and it isn't that hard to move to a new level in the same well , if this is sold off on the cheap it's a joke , a f**king bad one !.
Thanks , fck this i'm going for a pint , i may be some time , happy xmas to all .
Link please .
Chickster, very good question , truthful answer is i don't know , we don't have enough information , but the oil production has not dropped off a cliff which is a relatively good sign .
A whole lot of guesswork and supposition being served up as fact over the last couple of days , and that IS a fact !
WHY, what are you ?, a sheep ?, incapable of independent thought or responsibility ? , if you want to moan , then moan, it's perfectly understandable, but it's pretty low just resorting to character assassination . Were you not happy enough with your own research ? .
Whywhywhy ,"we never thought 5 kpd was ever achievable " , who are you ! group leader ?? .
Sageman, furred arteries , i understand the analogy but the winterised separators have the capacity to heat the oil mix on extraction . One thought i have had is that the original miscible bank has been destroyed by over pressurising, which would be explained by the gas bubble passing through the system and then the fires , if this is the case the miscible bank would have to be "re-built" or re-structured , this would account for the falling oil production and perceived lack of progress .
Drago, at the moment i'm looking at this as the transfer from "patient to impatient " in action , if the share rises again millions more will sell to escape, the transfer will be complete :(
A spade is a spade till it's a shovel or a graft ! ;)
Duster, if they just ramp the pressure right up the gas by-passes the oil without collection , in a sense the field needs a pre-wash setting rather than the quickest way through . When the gas mix permeates the shale it collects oil and then expands in volume, following the expansion the next wave of pressure ( miscible bank ) has more surface area to push against and hence more oil flow .
Good post eazy, it's important to realise that time must be allowed for the gas injectant to permeate through the oil bearing rock before it is then forced through for collection .
Anybody else considering postponing xmas for a few weeks to buy some more ? ;)
LOL, i have often felt envious of our canine friends, they mooch about all day, have affection lauded on them for no good reason, get to lie in front of the fire all day and get their tummies tickled , not a bad life if you ask me !. Whenever i try it i just get a foot up my $%se :)
The reason my nerves are fine peeman is because i've done my research and there isn't a thing you or anybody else could say that would change my mind , what a way to start the new year on board the good ship "Joint Venture" ;).