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Message: Re: Logging

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Re: Logging

in response to by
posted on Jan 31, 2008 03:50PM

JB #1 was flow-tested for 3 days at 800 bpd (800 * $80 / barrel (est) * 365 days = $ 23.4 million annual revenue). It needs to be recompleted because there is paraffin in the oil, so once the well is started it must flow without any stoppage.

There is a good possibility of an prolific gas formation in JB #2 and the Rome formation may be the source reservoir for all the hydrocarbons.


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