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Connacher Oil & Gas Ltd CLLZF

"Connacher Oil and Gas Ltd is an oil company engaged in the exploration and development, production and marketing of bitumen. Connacher holds two producing projects at Great Divide are known as Pod One and Algar."


GREY:CLLZF - Post by User

Bullboard Posts
Comment by watch4iton Oct 23, 2007 5:25pm
262 Views
Post# 13675282

RE: Costs more to produce 20 BO/well @$45/BO

RE: Costs more to produce 20 BO/well @$45/BO2-crude You say 800-1000 BO/D in circulation. Depends on plant. Well so far this plant only produced 300 BO/D over the last week. Doubt more than that would be in order as the steam is and has been on full tilt for more than 5 weeks. This plant is 300 BO /day. Removal of Oil would also remove some of the ground temperature and pressures created from the steam injection. Remove too much and the production times and amounts can be comprimised. Don't have to be an Engineer to specualte these common sense evaluations. Max. results takes the ground temp and pressures and other test to perform at the optimim ranges. That will be reached mid Dec. as per calculated plans. Don't want to stop circulation too soon and produce no oil due to comprimising SAGD. Many problems can still occur in production..Facts are out there of this happening in the past. Could happen here too.
Bullboard Posts