RE:RE:RE:Do we know if at Kraken the cretaceous is more likely I was doing some back of the envelope resourse calculating and given the size of Royston/Kraken 3 TCF isn't beyond the realm of possibility.
First some trivia : 1 cu meter contains 6.29 barrels of oil. ( US Barrels )
Bearing this in mind lets give Royston/Kraken the dimensions of 2000 meters long by 1000 meters wide by 100 meters deep ( pay ) and you get 200,000,000 cu meters.
Now we know that each of those cu meters isn't going to be full of oil, it isn't a swimming pool afterall , but lets presume the sands have the capacity to hold 10 % of that or .629 barrels which would mean 125,800,000 barrels. Not bad.
Have no idea what the foot print is of Royston/Kraken and I'd love to know what the oil saturation would normally be in sands such as these. With a few more bits of info, like porosity and permiability I could do our resourse calculations myself and save the Co. a lot of dough.
Anyone know so I can get figuring in earnest.
Davidblackgreen wrote: Topside estimate mentioned was 3TCF which if it was oil would be 510m BOE.
But they are "Pretty Sure" its gas, with a lick of oil
But thats an IF, and thats "A we really dont know IF there is anything there at all."
Frankly Royston is not in the bag by a long way and there may be no seal at Kraken, that seems to be the really big risk.