Evaluation time - hard time for EXXON to dig through !?
in response to
by
posted on
Jan 31, 2010 07:38AM
Developing large acreage positions of unconventional and conventional oil and gas resources
Did some digging and evaluating on my own,trying to pick up the lost path and what did I find ?
International Geothermal Conference, Reykjavík, Sept. 2003 Session #12
2.Geological Background:
The Pannonian basin is encircled by the Carpathian Mountains. The Earth’s crust here is relatively thin (~25 km) due to sub-crustal erosion. The thinned crust had sunk isostatically and tertiary sediments mostly fill the basin thus formed.
Pannonian sedi-ments are multilayered, composed of sandy, shaly, and silty beds. Lower Pannonian sediments are mostly impermeable; the upper Pannonian and Quaternary formations contain vast porous, permeable sand and sandstone beds. The latter formed the upper Pannonian aquifer, which is the most important thermal water resource in Hungary.
The individual sandy layers have various thicknesses between 1 and 30 m. Their horizontal extension is not too large, but the sand lenses are interconnected forming a hydraulically unified system.
This upper Pannonian aquifer has an area of 40,000km2, an average thickness of 200-300 m,
a bulk porosity of 20-30%, and a permeability of 500-1,500 mD. The hot water reservoir has an almost uniform hydrostatic pressure distribution; local recharge or discharge can slightly modify this pattern.....................
If you want to waste your weekend,check it out yourself,reading the complete conference.I guess it is too late anyway,we should have read that before investing to understand better.
Who else was in the know ?
Bruner/Szabo/Lotito - Bruner`s masterstroke was "not to open the SZOLNOK himself"and cast away the idea of "the SZOLNOK PLAN" from one day to an other.
I wonder how EXXON is handling "Lake Michigan",water with a rated capacity of eight thousand KM 3.