SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : United Gunn Resources (UGR.V)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: CLK who wrote (34)9/12/1997 11:32:00 PM
From: Veteran98   of 42
 
CLK

I am no expert in this matter and have to rely on what I am told, however as far as the water problem goes I understand that Fred Oliver did a study for UGR and concluded that it would be feasible to bring the field into production by balancing the rate of gas production against the water influx and indicated that a production rate of 50 million cf/d for 30 years would be feasible.
One also has to remember that the infrastructure for the field is already in place as Amoco spent $105 million to develop the feild in the 60's and 70's. Also a gas plant, gathering system and 110 miles of pipeline are already in place.

Harry
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News