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Examples of flow rates in the Murta formation: 372...

  1. sandstone
    617 Posts.
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    09/07/12
    09:52
    Post #: 10409514
    Examples of flow rates in the Murta formation: 372 BBLs/day

    Mirage-1 (cased and suspended; PEL 115). Drilled by Victoria Oil Exploration (operator), Permian Oil Pty Ltd, Springfield Oil and Gas Pty Ltd, Entek Energy Ltd and Tacnas Pty Ltd in November-December 2004. Victoria Petroleum announced 6 m of net oil pay and a total oil column of 17 m in the Murta Formation following a review of DST results, logs and sidewall cores. The well flowed clean oil at a rate of 59.1 kL/d (372 bopd) during the 'clean up' production test phase, with extended production testing planned for mid March 2005.
    AQO Price at posting: 18.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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