Missing the point of 16-221 Jul 2022 14:15
To my understanding some people are still missing the point of the extended well test and the crypto tie in. So I am going to say it as I see it and understand it, and welcome different opinions.
Initially 16-2 is gassier than expected, solution is putting in place between 1-4 crypto models so we do not need to flare, can charge for the gas, and maintain carbon neutrality.
The company has stated it expects the mix to change. If we become more oiley and less gasey perhaps the choke can be released on 16-2 and more liquids can be produced. Furthermore, perhaps it becomes much oilier, and only has enough gas to power one crypto module further down the line, and we can fully release the choke? Leading to our 500 bopd, 2000 boepd scenario.
Or....we can't get more oil out without the gas, so we have the option of bolting on another 3 megawatts to deal with the gas, to allow further production.
My point is, we won't know until the production test has recommenced, if the mix changes in our favour that could be a very good thing.