Ann: Strong gas flow at Marco Polo & Columbus, page-18

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Mark2036

398 Posts.

17/11/16

12:09

Post #: 20686826
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Originally posted by plough ↑

"The gas volumes emanating from Marco Polo and Columbus is highly encouraging and potentially an early indication that oil reserves remain in virgin territory. Under initial reservoir conditions in a formation, gas is found in solution in crude oil. As reservoir pressure decreases, less gas can be contained in solution in the oil, and the gas bubbles out as a separate phase in the reservoir formation."

That paragraph contradicts itself , first it states gas volumes emanating indicate virgin territory , then states as reserve pressure decreases the gas bubbles out as a separate phase .
Here I see a flare so the gas has bubbled out so is it like they say first off:
1)coming from a virgin formation or
2)like it states later from a reserve where pressure has decreased and I am assuming that decrease is because of not being virgin and part of a formation that has allready been under pump .

The flame off can not be both a virgin formation or a formation that has already had pressure taken off it due to pumping , which is it ????????????

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I am not sure how to estimate the gas rate from the flare, but it certainly looks to be too much gas to be solution GOR bubbling out of the oil, it looks more to be gas cap or just gas gas, which means your not going to get much oil rate out... Did the cuttings have oil shows during the drilling?

AKK Price at posting: 0.6¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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Ann: Strong gas flow at Marco Polo & Columbus, page-18

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