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Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C) -- Ignore unavailable to you. Want to Upgrade?

To: Wizzer who wrote (1529)	9/17/1998 7:25:00 PM
From: Mr Stock	Read Replies (1) \| Respond to of 2306

Hey Grayhiar, How do you think this discovery is going to compare to that of Esso's back then. thanks...

To: Wizzer who wrote (1529)	9/17/1998 8:33:00 PM
From: grayhairs	Read Replies (1) \| Respond to of 2306

Hi Wizzer, The flare is but one "piece of the puzzle" but it is a very important one for sure. Field observations of: - flare size and color, - the presence/absence of smoke, - "approximate liquid quantities" produced during the test, - all variations in flare rate over the duration of the flow test (especially the final rate if a 4 point modified isochronal test), can, if coupled with an understanding of well test procedures, yield a fairly decent picture of the probable reservoir fluids and the expected well production capacity. [Of course if you integrate such field observations with "factual leaks" or "releases", you may be able to develop an even better picture.] Often we do not know whether or not well logs "conclusively" show pay in a well. But, if a well test shows a significant flare, the question changes from "Is it pay?" to "How much pay is there?". That can be a very critical distinction if we also know something about the geology and structure. In the case of the 7-25 well, given teevee's obvious and competent knowledge of the "Devonian play", I believe the visual expression of a LARGE flare would be extremely meaningful to him. BTW, the flare itself will not help us quantify "pressure" because production is through a choke/orifice/restriction and across which there is always a pressure drop. That "drop" can be negligible or it can be a few thousand psi. It is not determinable from the flare itself but is a critical piece of info required to estimate well productivity. Won't bore you anymore with this. Dinner is on, and more importantly, Ms. grayhairs grows impatient !! Later, grayhairs