ERHC Energy Inc (ERHE): More on Agbami vs Kina... "Just how b...

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ERHClongtimer

Re: ERHClongtimer post# 121163

Monday, 03/24/2008 8:22:44 PM

Monday, March 24, 2008 8:22:44 PM

More on Agbami vs Kina...

"Just how big is Agbami? It is one of the 10 biggest discoveries of the 1990s, and Appelbaum said he witnessed a phenomenon at the field he had only previously heard about.

"During the deep production tests we could actually see the pressure results of tidal effects on the oil flow," he said. "That was a first for me, although I understand this effect has been seen in some of the largest Middle Eastern fields.

"That was certainly an indication we had a sizable discovery," he laughed.

http://www.aapg.org/explorer/2002/02feb/agbami.cfm

Compare Agbami seismic...

http://202.120.57.205/cdbook/otc-2004/pdffiles/papers/otc16989.pdf

to Kina seismic...

The scale of the Kina prospect seismic looks to be at least twice the size of that for Agbami, making the comparison of structures even more impressive. (Put another way, it appears the picture of the Kina seismic would need to be at least twice its size to make an even comparison with Agbami--impressive indeed!)

"[Agbami] Production will begin in 2008 and quickly ramp up to 230,000 barrels per day, with peak production of 250,000 barrels per day expected in 2010." - http://crudemarketing.chevron.com/overview.asp?agbami

The latest resource estimate I could find for Agbami is 800 MMBO.

Folks, to quote eoim, it does appear "we are into something MEGA and life changing"!

Eoim, thanks for sharing your experience with Agbami and contrasting Kina with it. (And please correct me if you see any errors in the statements made above.)
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