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 : Westfort Energy Ltd. (WT-T)
WT 11.59-0.6%Nov 7 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: AL Berta who wrote (1030)8/14/1998 1:30:00 AM
From: C  Read Replies (1) of 1288
 
This was posted by Newbody over at SH..........................

207.102.98.109

The latest news which I have heard concerning the status of the Pelahatchie18-4 No. 1 well is that completion was delayed due to cleaning up of the well hole.

Basically (very basically because I am not a petroleum engineer), the
formation where the oil reservoir is located is soft and sandy (and highly permeable - very good for oil to flow thru!). So, part of the well was blocked by sands during equipment extraction. This put WT behind schedule as they tackled this task. All seems to be resolving itself quite nicely and they (WT) should be back on schedule in 2-3 days (Saturday or Sunday).

Johnny Rhodes continues to flow (not being pumped)at over 200 bbls/day (still!) through a 6/64" choke (a hole about the size of this letter "o") at 1,600 psi -- and rising. Apparently, production on this well could be increased at any time; including a "showing off" resumption of 750 bbls+/day -- more than that which the well initially tested -- due to the increasing flow pressure. But that would waste much, if not all, of the wells future production potential. Comparatively, the 18-4 well will be choked with an 8/64" choke (hole approx. size of this letter "O") to flow 1,200-2,000+ barrels per day. Without any choke, this flow could be upwards of 20,000-50,000 barrels per day (!!!). While this might finally satisfy some people's flow results expectations, it would just as quickly damage the formation.

Now before people accuse me of making up the approx. 1,200 - 2,000 barrels of oil per day production figures that are about to be produced from the 18-4 No. 1 well, I'd like to assure those people that Shell Oil was producing this much oil from the same reservoir in the 1960's. Using 1960's production techniques. On a shallower find than Westfort's -- 85 ft. vs. 107 ft. Having perforated too low on the dome. Having to deal with salt water clogging their production string (Westfort has 107 feet to perf and drain before they worry about that water).

Hype? I thought so, too, until I demanded to see proof of these "supposed" production figures. If Shell had produced oil on a scale like these experts were saying and we all have read about, then I wanted to perform a basic bit of due diligence and see the proof of it myself. "Show me the money," as it were. What I had forwarded to me was quite interesting, indeed. . .

<Picture>

Or. . .
geocities.com

And if that ain't something, there's another page that lists production
figures of 2,000 and 2,261 bbls/day! It's pretty tough to read, though.

That is information that comprises just one page of mounds of files on the Pelahatchie field that Westfort invites investors to examine for themselves in conducting their own research!

A little bit of a wait for testing won't be too long for me. In a short
while, the wait will be over. WT's 18-4 No. 1 will commence test
production. I believe that those figures are gonna be great!

Good luck to all!

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