RE:RE:RE:RE:FrackPacer64 wrote: I understand that with conventional shale plays, (unconventional oil) that horizontal and multi-stage frac's are common. I believe these areas of NZ that are being targeted as unconventional shale are different. Vertical and lateral natural formation fractures can cause migration and pooling, this has been seen in the area. Pressure is also good I believe, as I remember something a about an oversized higher pressure well head being installed on the first EC well last year.
I'm not trying to pump this up, only remember what has been said, and not the neg speculation. This area is unique and different, and little is known about it. TAG usually has it's ducks in a row around drilling, I'm guessing that without applying for permission to frac, they may know something. From a business stand point with so many riding on their coat tails, being quiet is understandable.
Again this is just my Saturday morning, partner at garage sales, I'm drinking coffee, day dream. ::)
No day dream Pacer, common sense & plenty of it. You have said it how I see things and more importantly, you are quoting from facts that we know. I think TAG knows how much pressure they are dealing with, they know the shale is already naturally fractured, they know there is O&G where they are drilling, the only unknown is what will happen when they drill. Common sense indicates that a little stimulation by perforating the well should bring in the desired results, but that's the thing, you won't know until they drill. They could hit some pooling - happy days, but they could also bypass that and just pick up the natural fracked gas & oil. Now go back to that oversized higher pressure wellhead TAG installed. Pressure comes from the gas and the oil, so if it's not the pooling, then the fractured shale must contain plenty of hydrocarbons surely. I think TAG knows something alright and we will find out soon enough. They are about to drill Waitangi Hill, the over pressured wellhead was from way further south though, down at the Ngapaeruru-1 site. Interesting times ahead for sure.