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BRS Resources Ltd C.BRS

BRS Resources Ltd. is a Canada-based mineral exploration company. The Company is focused on the identification, evaluation, and acquisition of mineral exploration properties located in Canada and the United States and once acquired, the exploration of those properties. Its principal property is the Cowtrail Property, which is in the exploration stage. The Cowtrail Property consists of 32 minerals claims covering 4,400 hectares located in south central British Columbia, Canada. The mineralization on the Cowtrail Property is associated with altered diorite-monzonite-syenite intrusions, with gold mineralization occurring within the intrusive bodies and porphyry copper mineralization in the adjacent altered host rocks.


CSE:BRS - Post by User

Comment by Butsko1on Mar 26, 2017 9:21pm
49 Views
Post# 26033424

RE:Average life span of gas wells increased exponentiall

RE:Average life span of gas wells increased exponentiall
gijo333 wrote:

The Lifespan of a Well

Today, the average life of a natural gas and oil well is 20 to 30 years, although technology is emerging that may enable the industry to nd new ways to extend the life of wells – perhaps by as much as 10 to 20 additional years by refracing a well multiple times.

The production phase is the longest phase in the life of a well. Initially, activity is high with frequent visits by staff and trucks hauling equipment and produced oil. After this initial period, the activity is reduced signi cantly. Staff and trucks visit the well for periodic maintenance, operations inspections, liquids hauling from storage tanks on the well sites and production monitoring. New technology is enabling operators to install remote production monitoring systems, which reduce activity at the well site. 




https://en.wikipedia.org/wiki/Category:Natural_gas_fields_in_Italy

Most of these fields are over 40 yrs old.. They are  reaching the end of their life span. Hmmmm, has BRS hit something big or bust...

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