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Canadian Imperial Venture V.CQV.H


Primary Symbol: CIMVF

Canadian Imperial Venture Corp is engaged in the business of identification and evaluation of assets in Canada.


GREY:CIMVF - Post by User

Bullboard Posts
Post by Hubbieon Mar 13, 2007 12:32am
407 Views
Post# 12406286

my take

my takethe new release states "...suggests that the current lack of liquid flow is likely due to one of several possible mechanical problems in the wellbore and/or the wellbore-reservoir interface. No immediate water production problems are evident and TEAL conclude that significant reservoir depletion is unlikely...." Key here may be the reference to the lack of "liquid" production. Does this mean that during the final stages of production, the well was only producing gas? The reference to a reservoir interface suggests this. It is possible that the gas cap coned down, and gas production is now interferring with the ability to produce oil. Of additional interest is the statement regarding no water production problems -- suggests to me that there is no problem associated with scale production in the tubulars blocking off any flow. I do not know what the downhole configuration of the tubulars, open interval, etc is. If this is an open hole completion, there is no mechanical method to stop gas from coning down from the gas cap to the open hole section. The other possibility may be a casing part across from a gas cap, allowing gas to enter the well bore at this point. A fix may be possible if the tubing is lowered, and an packer is installed below the gas influx point nto allow liquid to be produced up the tubing. Runnning a liner, and then re-completing with perf intervals lower in the well may also be possible. A few production logs (spinner, temperature, density, pressure) would help in evaluating the problem. All this is purely speculation on my part. Just reading between the lines. Lawnboy made reference to the total production -- there is no reference to the total production being associated with this test. Is it possible that these numbers include the original well test from a few years back?
Bullboard Posts