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Touchstone Exploration Inc T.TXP

Alternate Symbol(s):  PBEGF

Touchstone Exploration Inc. is a Canada-based company, which is engaged in the business of petroleum and natural gas exploration, development, acquisition and production. The Company is active in onshore properties located in the Republic of Trinidad and Tobago. It operates Trinidad-based upstream petroleum and natural gas activities under state exploration and production licenses with the Trinidad and Tobago Ministry of Energy and Energy Industries (MEEI), Lease Operatorship Agreements (LOAs) with Heritage Petroleum Company Limited and private subsurface and surface leases with individual landowners. It is focused on onshore oil and natural gas properties located in southern Trinidad. With interests in approximately 145,000 net working interest acres of core exploration and development rights. Its core focus is on exploration and development on the Ortoire block and development production on its five onshore lease operatorship properties (CO-1, WD-4, WD-8, Fyzabad, and Balata East).


TSX:TXP - Post by User

Comment by exponential1on Feb 17, 2021 2:07pm
137 Views
Post# 32586282

RE:Explane

RE:Explane Typical process that I've done in the past.  Perforate the zone, Install bottomhole pressure guages, do a short clean up flow for about an hour or so to see cleaning up stable flow.  Typically can then move off the service rig  Shutin for ~10x the flow period.  Then conduct the actual flow test.  If you flow for 3 days then the ideal case would be to then shutin for 10x the flow period but normally nobody wants to wait that long so then it's a debate 3x, 5x based on knowledge of the reservoir, history...how much data does one want to collect.  The longer that you leave it shut in the farther you can see into the reservoir for changes in properties.  The welltest is measuring kh/u (permeability x height /viscosity).  Assuming visc is constant hence any changes typically are kh related.  So it because of this shutin period where they're collecting the shutin pressure data that then in best practice you move to the other well and do it's test and then back and forth.  If you've got three separate tests for each well it takes time.  Hence imo be patient....it takes time to get good data.  Hope this helps, 
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