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Gold/Mining/Energy : Tusk Energy (TKE)

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To: Ed Pakstas who wrote (900)9/18/1998 12:53:00 PM
From: grayhairs  Read Replies (2) of 1207
 
Morning Ed,

Having done my calculations a long, long time ago I have nothing much "new" to calculate. The ONLY discrepancy that I have between "RELEASED" results and my prior scoping parameters is the net pay value. TKE and FST have both announced 14 meters (Conservative butt protecting!) whereas I had used 18 meters in my scoping calculations. So, if one wants better numbers, take 14/18*60 or ~47 BCF/sec as a more appropriate reserve estimate.

The last flow on test was 4.8 MM (I had estimated more, 5 MMCF/d but have questionable field abilities!!) on a piddly 5/16 choke setting which resulted in a backpressure on the well of 2,375 psig. As this well will flow into a gathering syatem operating at ~1000 psig, actual production rate will likely be in the order of 8-10 MM/d. Pretty decent, in my books.

Damn I wish they'd get that next well spudded!!

Later,
grayhairs
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