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Message: Re: Timeline
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May 10, 2009 08:33AM
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May 11, 2009 03:45PM
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May 11, 2009 04:53PM

>Still, it would be nice to get step-by-step information on the progression of the well completion.

As long as they explain the results. Transerv seems to be very good at providing updates, so we can keep an eye on this to see how much the flow increases as the well cleans up. It wil also be interesting to see how good Schlumberger is at predicting flows.

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The reservoir simulation work by Schlumberger indicated that if the Warro wells are successfully stimulated by hydraulic fracturing using the appropriate frac fluids
and proppant, an initial flow rate of between 5 and 7 MMscf/d could be achieved from vertical wells. These wells could recover approximately 6 Bcf over a 20 year production life. For horizontal wells the simulated production
from a well drilled with a 600 metre lateral section and with four stimulations is projected to be between 15 and 29 MMscf/d. These wells could recover between 26 and 42 Bcf over a 20 year production life. Decline rates for both well types are modeled to be hyperbolic, being 25 to 30% per year over the first 10 years.

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May 11, 2009 05:38PM
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May 18, 2009 06:54AM
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May 18, 2009 07:46AM
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