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Re: ssc post# 190409

Sunday, 12/13/2009 2:08:02 PM

Sunday, December 13, 2009 2:08:02 PM

Post# of 361695
Sorry ssc,

On the conundrum, I did misunderstand, but I'll stick to my version of huge/large gas finds (although I have not said there were no liquid showings).

On the question of gas/oil volume conversion, without being pedantic, the general rule is 1Tcf of gas = almost 170 million barrels of oil equivalence (boe) [ITcf=170mmboe].

Accordingly, if you look up the respective NSAI estimates per Blks 2,3 and 4 wells you will see the equivalence. For example, - and from memory - in Block 2/Bomu, NSAI estimated the possible existence of 230mmbls. Somewhere around 1.35Tcf of gas.

cheers,
spp119
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