'petrengr1' pid='58095' datel Wrote:
'Li'loilady' pid='58087' d Wrote:Pet – Thanks for clearing that up. That was helpful.
Another clarifying question: It's regarding your statement, "The testing we are now doing is just to confirm that all of the field is one large “connected” gas field." If current testing does indicate that Antelope is one large connected gasfield, that fact alone would increase our certification resource estimate, correct? (All other things being equal, of course.)
I know this matter has been mentioned somewhat obliquely by others but, I don't recall reading an authoritative "yes" or "no" on it.
Li'loilady - Here is a paragraph from my post of April 30th:"The connectivity test may increase the resource volume by allowing the reservoir engineers to increase their “continuity uncertainty factor” from the 0.80 that GLJ used in their original work."
GLJ has issued several updates since their original work so I do not know what “continuity uncertainty factor” they are now using. If they are still at 80% then removing all uncertainty could increase their number by 20%.
GLJ "removing all uncertainty", i.e. going to 100%, would increase that factor by 20 percentage points, but I think it could "increase their number", or increase their resource estimate, by 25%, as a matter of math!