4 mile wellFully that 4 mile well could mean something different then what we have been thinking.
If petroninija map is correct, and I believe it is, that 4 mile ends exactly where the cardium in ferrier turns from oil into ng wells/abit of condy.
Just blind luck it turned out this way..maybe...or maybe not.
Wouldnt this be ideal thing to do if doing some kind of enhanced recovery method in that part of ferrier cardium..ie water or even NG injection.
The Orlens wells beside this new well produce like 2-10 barrels of oil per day and are older. But can ERM increase production to 25-50 barrels a day.....
Any type of potential enhanced recovery method in that area...YGR and orlens would have to work together...right?
Probably alot of untapped oil left in YGR sections with old wells that have declined...just need to raise pressure.
And potential emission reasons to look at new erm projects in credits...I think a new program will come out to help older wells....especially at these prices.