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Message: Fractures and technology

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Re: Fractures and technology Sandy9

posted on Sep 22, 09 02:49PM

"There will probably be many sucesses and failures in this elephant...hopefully most of the success comes first"

Thanks Sandy. A good thought to remember, especially since Exxon is going to move very cautiously with doing one fracture at a time then testing before moving to the next fracture. I am expecting that the market may be a bit disappointed with any initial flow rates that are leaked - as many seem to be expecting awesome results that will prove up the Trillions of cubic feet in the Mako. A single fracture across a small portion of the lower Sloznok may have stellar results, but it is probably way too early for anything except some reasonable feed back on how to better fracture the next level. A third, fourth or fifth well that is fully fractured across all the most prolific zones should have many millions of cubic feet of flow given the depth of the pay zone, but a single first fracture in the first appraisal well may not meet some investor's expectations. Regards Paul

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Falcon Oil & Gas Ltd. is a global energy company that is focused on acquiring, exploring and developing large acreage positions of unconventional and conventional oil and gas resources. read more