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CGX Energy Inc V.OYL

Alternate Symbol(s):  CGXEF

CGX Energy Inc. is a Canada-based oil and gas exploration company. It is focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep-water port in Berbice, Guyana. The Company, through one of its subsidiaries, holds an interest in a Petroleum Prospecting Licence (PPL) and related Petroleum Agreement (PA) on the Corentyne block in the Guyana Basin, offshore Guyana. The Company, through its subsidiary Grand Canal Industrial Estates, is constructing the Berbice Deep Water Port. This facility, located on the eastern bank of the Berbice River, adjacent to and north of Crab Island in Region 6, Guyana, is being constructed on 30 acres with 400 m of river frontage. Its subsidiaries include CGX Resources Inc., GCIE Holdings Limited and CGX Energy Management Corp. It is the operator of the Corentyne block and holds a 27.48% working interest. Its Wei-1 exploration well is located west of the Kawa-1 discovery in the northern region of the Corentyne block.


TSXV:OYL - Post by User

Comment by Dirksidetrackon Jan 31, 2022 11:33am
187 Views
Post# 34378736

RE:Holy Canoly!

RE:Holy Canoly!Dfly already answered your question when in an earlier post today he asked about mud weights. The formula for figuring out hydrostatic pressure of mud column in a well bore that any good roughneck knows is total vertical depth x pounds per US gallon mud density x 0.052. Normally pressured means seawater at 8.5 ppg (pounds per US gallon) will contain formstion pressure at any depth. Abnormal pressure means that the pressure in the formation must be coming from even greater depths and is trapped in a reservoir that should be normally pressured.

So the deep Santonian should only need a mud weight of about 8.5 ppg in order to contain it if it were normally pressured. Yet Dfly was talking about 15.25 ppg. The lower Santonian is being fed from below and the pressure is being trapped by an impermeable shale (illite seal). Go talk to you're other "experts" on this board on what conditions are necessary to turn clay "smectites" into "illites". The same connditions that turn kerogens into hydrocarbons. Dfly been saying this all along. Don't believe me? Why would he even mention mud weights in his previous post if he didn't know wtf he was talking about????

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