Replies to This Discussion

Permalink Reply by Chester Fairfield on June 9, 2011 at 8:07

Not really economic at all imo.  It may just be a vertical test, guess we'll find out in time.

Permalink Reply by The_Baron on May 26, 2011 at 4:33

The lower the gravity, the more high quality.... i.e the more high dollar is is. To a point, less than 20 isn't as good. The lower the gravity, the more gasoline and aviation fuel, plus its chaeper to refine.

 

Good indicator of price from the EIA:

http://www.eia.doe.gov/dnav/pet/pet_pri_dfp3_k_m.htm

 

 

Permalink Reply by Skip Peel - Mineral Consultant on May 26, 2011 at 5:08

Thanks for the correction, Baron.  Care to speculate on whether this vertical well shows sufficient promise to attempt a horizontal completion?

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