VPE 0.00% 41.5¢ victoria petroleum nl

question for ian_whitchurch or kahuna1

  1. 872 Posts.
    firstly, thnx for the informative, and pleasant posting manner (not a common trait on HC) from you guys.
    re: oil/gas the crisis looming beyond 2020.
    I (and many others I'm sure) have listened to your interchanges with interest and respect.

    If you don't mind, can I pick your brains about vpe's last ann:"the mirage-1 well flowed clean oil at rate of 372 barrels of oil per day on a 1/2 inch choke. A potential 6 metres of net pay is interpreted from the wireline logs and sidewall cores. The forward plan is to place the Mirage-q on free flow at rates of up to 400 barrels of oil per day while awaiting the installation of a beam pum production facility".

    I am thinking this is a very minor prod flow rate, and is it even worth the effort? Can you enlighten me?

    cheers (well maybe no cheers to you kahuna1, sounds as though you've had a few back to back hangovers lol ;)




 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.