RE:RE:RE:RE:RE:government has aproved Wei1 well as appraisal/ExplorationOk my mistake. I shot my mouth off before my brains were loaded. I don't want to be accused of being a shorty. Net pay is a calculation. That's why they can't report it immediately after logging. It is a required input into the hydrocarbon pore feet calculation (Fhcp) which is then used to calculate OOIP (original oil in place) for a reservoir. It depends on the "net to gross" (N/G) ratio. CGX's Corentyne presentation and their May 2022 webinar said that they expected higher N/G ratio in Wei-1 than in Kawa. Their recent NR confirmed that their estimation was true.
If you have a reservoir with a cross-section of a lens shape, I was wondering about how you'd report net pay because if you intersected the reservoir near the edge or margin, then you'd penetrate less reservoir than you would if you had drilled through it at the fat part of the reservoir. Now I know why.
We gotta wait for the reservoir and earth science folks to calculate it because the below link says that it is a summation process analysing every point in the reservoir based on porosity, permeability and a bunch of other factors. https://petrowiki.spe.org/Net_pay_determination