Beacon Energy Share Discussion Threads

[euclid5] 23/8/2023 21:16

Good post Grey Panther, thanks

[weymouthbrexiteer] 23/8/2023 21:04

robwalsh are u a parrot by any chance ' PIECES OF EIGHT .....'

[apotheki] 23/8/2023 20:00

GreyPanther223 Aug '23 - 19:31 - 353 of 353

Here are a few facts about the Erfelden oil field that I picked out from the CPR in Beacon's March '23 Admission Document: The field was originally discovered by Exxon in about 1985 but only came on stream under Rhein’s ownership in Q4 2019. I assume that's because it was too small for a major oilco like Exxon. The field is covered by 3D seismic data which IMO lowers the technical risk a lot. It currently produces from only one well, Shwarzbach-1A. At its peak rate this well produced 225 bopd (barrels of oil per day) and it currently produces only 15 bopd from two Oligocene reservoirs (the Meletta-Schichten Sandstones and the Pechelbronner-Schichten Sandstones) at about 1,700 metres depth. We have better reservoir parameters in Schwarzbach-2 than we did in Schwarzbach-1A which suggests to me that we should do a lot better than 225 bopd. Let's hope so, anyway.

[robwalsh25] 23/8/2023 19:58

Why do u keep posting this?

[robwalsh25] 23/8/2023 19:58

Why do u keep posting this?

[apotheki] 23/8/2023 19:35

euclid523 Aug '23 - 18:06 - 352 of 353

Taken from the BN

Potentially 17mmbls in the Pechelbronner section

The deeper Pechelbronner discovery (c.800m depth) is higher risk but
potentially much larger. Flow was achieved (c.160 bbls/d), but drawdown pressures were high.

If the reservoir can be shown to produce commercially the horizon may contain as much as 17 mmbbls in the 2C case (13-22 mmbbls 1C-3C).

Taken from the rns

The SCHB-2(2.) well has encountered good quality oil-bearing reservoirs in the Meletta-Schichten ("Meletta") sandstones and the Pechelbronner-Schichten ("PBS")

The well has encountered oil bearing reservoir in the Meletta and PBS sandstones, both shallower than predicted with the PBS being a thicker interval with more sand and of better quality than pre-drill estimates. These results imply significant upside to the reserve range assigned to the Stockstadt Mitte segment in the CPR published by the Company in December 2022

[greypanther2] 23/8/2023 19:31

Here are a few facts about the Erfelden oil field that I picked out from the CPR in Beacon's March '23 Admission Document: The field was originally discovered by Exxon in about 1985 but only came on stream under Rhein’s ownership in Q4 2019. I assume that's because it was too small for a major oilco like Exxon. The field is covered by 3D seismic data which IMO lowers the technical risk a lot. It currently produces from only one well, Shwarzbach-1A. At its peak rate this well produced 225 bopd (barrels of oil per day) and it currently produces only 15 bopd from two Oligocene reservoirs (the Meletta-Schichten Sandstones and the Pechelbronner-Schichten Sandstones) at about 1,700 metres depth. We have better reservoir parameters in Schwarzbach-2 than we did in Schwarzbach-1A which suggests to me that we should do a lot better than 225 bopd. Let's hope so, anyway.

[euclid5] 23/8/2023 18:06

Taken from the BN

Potentially 17mmbls in the Pechelbronner section

The deeper Pechelbronner discovery (c.800m depth) is higher risk but
potentially much larger. Flow was achieved (c.160 bbls/d), but drawdown pressures were high.

If the reservoir can be shown to produce commercially the horizon may contain as much as 17 mmbbls in the 2C case (13-22 mmbbls 1C-3C).

Taken from the rns

The SCHB-2(2.) well has encountered good quality oil-bearing reservoirs in the Meletta-Schichten ("Meletta") sandstones and the Pechelbronner-Schichten ("PBS")

The well has encountered oil bearing reservoir in the Meletta and PBS sandstones, both shallower than predicted with the PBS being a thicker interval with more sand and of better quality than pre-drill estimates. These results imply significant upside to the reserve range assigned to the Stockstadt Mitte segment in the CPR published by the Company in December 2022,

[neo26] 23/8/2023 17:49

How are u making these high assumptions 600bopd plus.Has this field ever produced this high?

[apotheki] 23/8/2023 17:30

Repeat of POST 207: None of us know the answer but 500bopd would be considered to be an excellent result. If it ends up being much higher for example 1,000bopd or more....well you would have to say that would be truly amazing!

[bmwman3] 23/8/2023 16:40

Whole day spent filling big orders!

[bmwman3] 23/8/2023 16:37

600bopd expected

[karina] 23/8/2023 16:19

The tweet has now been deleted....

[neo26] 23/8/2023 16:10

Keep ure feet on ground, flow rates expected 200bopd-500bopd.ImhoDont fall for crazy dream there is some value here

[firestorm911] 23/8/2023 15:55

Good shs.

Regards,
F911
RMC

[apotheki] 23/8/2023 15:49

Yes Karina as circa 3,000bopd is incredibly high [best to await the RNS]

[optmist] 23/8/2023 15:48

AI generated fake article using Gamma.app. Let the share do its thing, no need to get desperate

[firestorm911] 23/8/2023 15:47

boom
RMC

[bmwman3] 23/8/2023 15:47

Relentless buying