KOB.TO - East Lost Hills & GSJB joint venture Message Board

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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture

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To: Hopsalong who wrote (3874)	8/9/1999 12:48:00 AM
From: grayhairs	Read Replies (1) of 15703

The size of a gas reserve is directly proportional to: - The Areal extent of the Reservoir - The Average net pay thickness - The Average porosity of the net pay - The gas saturation within the pore space - The reservoir pressure The size of the gas reserve is inversely proportional to: - The reservoir temperature - The supercompressibility factor of the natural gas at initial reservoir pressure. The larger the reserve, the more likelihood that its magnitude is underestimated initially. And, similarly, the smaller the reserve the more likelihood that its size is overstated initially. The magnitude of the ELH reserve will not be known with a high degree of certainty (say greater than 99%) until about 10% of the total reserve has been produced !! But, they'll likely be able to define the reserve to the nearest TCF within about one year (assuming an aggressive exploitation\development).

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