still at 0.055 consider no bad...as long as no drop to 0.045-0.05 then should still got chance at this moment...Just i think....if it go back 0.045 again then should be con and trap again.....
Any idea how much gas can be produced from a well? And what is the initial daily gas production From the existing test wells ?
We need to know the how much profit glotec can get if they sell the gas from currect test wells.
Coalbed methane wells often produce at lower gas rates than conventional reservoirs, typically peaking at near 300,000 cubic feet (8,500 m3) per day (about 0.100 m³/s), and can have large initial costs. The production profiles of CBM wells are typically characterized by a "negative decline" in which the gas production rate initially increases as the water is pumped off and gas begins to desorb and flow. A dry CBM well is similar
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Leoleo
5,534 posts
Posted by Leoleo > 2017-04-05 14:42 | Report Abuse
Look like one day show