Oil?!

[Kaliboo]

I supposed "hydrocarbons" could mean either gas or liquids, couldn't it?

The ioc release clearly says "gas water contact".  So by definition the is no oil in the reservoir

[petrengr1]

I supposed "hydrocarbons" could mean either gas or liquids, couldn't it?

Hydrocarbons is an interesting term. They have been using terms like flowed "gas and condensate" in the past. To slice and  dice the PR a  little they do say we are at or near the "gas/water" contact so that would  indicate this to be a gas  reservoir. If there is a heavier liquid zone in this gas reservoir it would be near or in the gas/water transition zone. So we might expect the well to produce gas, condensate/oil, and probably some water. Now to throw a little oil on the fire:

Do you see the flame falling out of the flare line and going to the ground? That is burning liquids. The flame above is burning gas. Flare looks like a relatively small flow rate.

We are drilling a small hole, probably about 4 1/4" . The additional drilling will be to evaluate the quality of the reservoir rock below the gas/water contact and perhaps to see how thick the limestone is. If they can drill that far.

Pet- Good evening ! Always appreciate you input....even throwing a little "oil" on the fire! Ha,ha.  Today on the IOC website,they report about "the upper section of the target reservoir" and then further down it says"the company now intends to deepen the well to appraise reservoir quality".  Is it possible(in your professional opinion) that they suspect,as in the Tricera#2 well report,that we could have two productive zones in the limestone seperated by several meters of very dense material with no connection between the two zones? If you have time, I would appreciate your comments on such a possibility. Thanks.

Sageo- Before we drilled Triceratops-2 I would have said that it is unlikely that we would find a second reservoir in the limestone based on what we know at Antelope. But since we did see two reservoirs with separate gas/water contacts at Triceratops-2 I will have to say that it is a possibility. Mother Nature has a lot of tricks up her sleeve. Sometimes they are unexpected. In this case I would say that it is most likely that we will just find another 1,000 feet or so of limestone containing water below the gas/water contact (if they drill that far).

[Tusker]

I supposed "hydrocarbons" could mean either gas or liquids, couldn't it?

Hydrocarbons is an interesting term. They have been using terms like flowed "gas and condensate" in the past. To slice and  dice the PR a  little they do say we are at or near the "gas/water" contact so that would  indicate this to be a gas  reservoir. If there is a heavier liquid zone in this gas reservoir it would be near or in the gas/water transition zone. So we might expect the well to produce gas, condensate/oil, and probably some water. Now to throw a little oil on the fire:

Do you see the flame falling out of the flare line and going to the ground? That is burning liquids. The flame above is burning gas. Flare looks like a relatively small flow rate.

We are drilling a small hole, probably about 4 1/4" . The additional drilling will be to evaluate the quality of the reservoir rock below the gas/water contact and perhaps to see how thick the limestone is. If they can drill that far.

Pet- Good evening ! Always appreciate you input....even throwing a little "oil" on the fire! Ha,ha.  Today on the IOC website,they report about "the upper section of the target reservoir" and then further down it says"the company now intends to deepen the well to appraise reservoir quality".  Is it possible(in your professional opinion) that they suspect,as in the Tricera#2 well report,that we could have two productive zones in the limestone seperated by several meters of very dense material with no connection between the two zones? If you have time, I would appreciate your comments on such a possibility. Thanks.

Sageo- Before we drilled Triceratops-2 I would have said that it is unlikely that we would find a second reservoir in the limestone based on what we know at Antelope. But since we did see two reservoirs with separate gas/water contacts at Triceratops-2 I will have to say that it is a possibility. Mother Nature has a lot of tricks up her sleeve. Sometimes they are unexpected. In this case I would say that it is most likely that we will just find another 1,000 feet or so of limestone containing water below the gas/water contact (if they drill that far).

Recall that the test of that potential 2nd reservoir failed.  But the potential is a stack.  Mention was also made it is local.  So, we will step out several kilomiters, prep to go deeper with far better testing equipment, and see what it may add to a tier two portfoliio.

Such is apprasal.