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KyOil

07/18/18 9:37 PM

#21204 RE: tisdal #21201

tisdal, good work in contacting ZN to get a reaction. I came to the same conclusion as what they told you after examining the drilling PRs. Many very conservative assumptions went into creating the resource. But the doc still has lots of good info to digest.
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geopressure

07/18/18 9:44 PM

#21208 RE: tisdal #21201

No where near the Billion BBLs this board has been pushing... I told y'all that was HIGHLY unreasonable...
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geopressure

07/18/18 9:57 PM

#21212 RE: tisdal #21201

Look at the seismic... lol...
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lightrock

07/18/18 11:43 PM

#21228 RE: tisdal #21201

Question - I keep forgetting to ask, but fortunately it keeps bubbling up...

The FGA report and the estimates, Original Oil In Place and Recoverable Oil...

What does that Assume in terms of Fraking or no Fraking ? etcettera

Is it now "standard operating procedure" to do all the things, horizontal drilling and fraking ?

Or is there some kind of "oil drilling classic" that is being referred to, and how to tell the difference ?

The reason to ask hopefully should be obvious but if you "poke a traditional hole in the ground and use traditional estimating techniques" the same hole can be substantially different (maybe?) if it is drilled using all the tricks.

What is the scoop on that ? Do our drilling guys and equipment have all the tricks or just traditional (i.e., not modern or perhaps not applicable) tricks ?