Beacon Energy Share Discussion Threads

[bmwman3] 24/8/2023 07:01

Expecting a nice rise today in anticipation of excellent flow rate news

[johnjames876] 24/8/2023 06:57

Lewis has legged it

[johnjames876] 24/8/2023 06:57

Geoff the investor gobr

[johnjames876] 24/8/2023 06:56

Steve has departed

[johnjames876] 24/8/2023 06:56

No one around

[johnjames876] 24/8/2023 06:56

Pumpers have run

[johnjames876] 24/8/2023 06:56

Party isvover

[johnjames876] 24/8/2023 06:56

Bid price 0.165

[apotheki] 24/8/2023 06:45

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.

[apotheki] 24/8/2023 06:44

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.

[euclid5] 23/8/2023 20:16

Good post Grey Panther, thanks

[weymouthbrexiteer] 23/8/2023 20:04

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

[apotheki] 23/8/2023 19:00

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 18:58

Why do u keep posting this?

[robwalsh25] 23/8/2023 18:58

Why do u keep posting this?

[apotheki] 23/8/2023 18:35

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 18:31

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 17:06

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 16:49

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

[apotheki] 23/8/2023 16:30

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 15:40

Whole day spent filling big orders!