InvestorsHub Logo
Followers 0
Posts 12848
Boards Moderated 0
Alias Born 08/03/2006

Re: None

Wednesday, 09/15/2010 12:55:30 PM

Wednesday, September 15, 2010 12:55:30 PM

Post# of 42997
This is staggering information about how many wells will be required to drill Bellevue and Thunderbolt;
Taken from the RPS report of December 2009 using a 40 acre pool for each well it would take using a mean area of the reservoir of 58 sq km,360 vertical wells would be required for Bellevue and Thunderbolt would require 74 vertical wells. As you can see from the report Bellevue is almost 5 times larger then Thunderbolt and together it is estimated to require 434 wells. It is estimated that it will take less than 30 years.
Keep in mind that this is just 2 sites and we will have many more sites to consider should MRT decide to reinstate the domes omitted.

So what does this all mean in English? It means that should we strike oil we will be FILTHY RICH!

This is only my opinion!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.