GREY:CUDBF - Post by User
Comment by
poiseon May 31, 2012 4:16pm
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Post# 19967528
RE: Geologist at Maple Creek
RE: Geologist at Maple Creek Treating rates;
95% watercut crude emulsion costs $72 per barrel of oil to treat.
90% watercut crude emulsion costs $65 per barrel of oil.
50% watercut emulsion equates to $42 per barrel of oil.
This is from my Engineer.
And one more thing, drilling down to the Bakken vertically provides valuable information regarding geological structure and reservoir parameters that is tied into the the 3D seismic. It will verify and augment the prospect. I am pretty sure Alpha knew that.