Net pay… Great paper below. I encourage everyone to read.
In short, net pay is determined not only by geological criteria but also parameters such as well completion methods, economical constraints, surface facilities and lastly oil price.
By their own admission, not a single piece of work was completed by either management team to determine ways to produce Santonian pay. Instead, they reduced the pay significantly and never specified why? Come on fellas, don't be gutless cowards, specify what criteria you used to justify such low net pay. If China can produce hydrocarbons from very flow permeability reservoirs, surely you can as well.
For over a year, all both teams could do was brag about how they were targeting channel axis sands in Wei and thus would hit the motherload... they did, as per June 28! To now waste an entire summer and come back with only a single sentence saying "lower permeability and natural flow"... give me a bloody break. They manipulated the data folks to make it look horrible.
look all over google. Countless reservoirs are produced despite lower permeability. This is not the 1970s where 300mD reservoirs are required.
Even Victor Vega, in his sloppy reply yesterday, couldn't even come up with a intelligent response. He knows they are purposefully lying with the intent of making it look bad.
I hope the authorities blast Frontera and make their lives hell. They manipulated data and they know it.
https://www.sciencedirect.com/science/article/pii/S0920410520309098