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Re: Big Mur post# 39943

Wednesday, 09/24/2008 11:43:40 PM

Wednesday, September 24, 2008 11:43:40 PM

Post# of 51429
Thanks Big for your point of view on this...

It would make sense down the road for Hemi, once they start selling their conventional NG, to go ahead and drill and complete a CBM well just to prove up the production rates from the various coal zones present under their leases. The coal seams are 1 to 3 feet thick so vertical wells are the conventional completion technique here from what I've researched. This is much cheaper, but less productive, than some of the horizontal completions used in thicker coal seams or shale gas plays in other areas.

It's one thing to have "theoretical" reserves based on logs and cutting samples (or cores) and another to have actual production numbers with pressures and flow rates over time.

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