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Re: REAZO post# 43500

Monday, 01/12/2009 5:09:47 PM

Monday, January 12, 2009 5:09:47 PM

Post# of 51429
All CBM gas that Hemi has available for production is "behind pipe" and not being produced.

This is different from the conventional NG which is more immediate on the Collins Hemi-1 well... but for now all that gas is also "on hold."

None of it is going anywhere, so it holds its reserve value.

For more info on coal bed formations available in Woodson, I'd suggest studying the data on the KGS website concerning the Bourbon Arch in SE Kansas. Several good reports on it there, along with good isopach maps, and information on cuttings and samples, and even basics about the best way to determine how much gas is available in the coal beds.

Keep in mind also (this is old news but a good reminder) that with conventional NG (as is so abundant in the Collins Hemi-1) once it's produced, that's it. It's gone.
But with CBM gas, as it's produced more is being created by the coal beds. If one produces the CBM gas at the same rate the formations put it out, there could be steady CBM output for decades from each well producing it. This is all verified by data on the KGS website.

This is one reason the numbers that Hemi has mentioned sounds so huge... that much CBM gas is really there and can be extracted over time as the formations continually put out more gas. It's like the formations say "Take all you want, we'll make more!" The coal beds are not likely to be played out for several decades.

Stop staring!!

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