Gulf Keystone Petroleum Share Discussion Threads

[0ili0] 13/2/2022 21:44

Is bigdog5 the wolfofhoundslow? 🤷‍a94;️

[bigdog5] 13/2/2022 21:22

Thats correct, S9 failed twice to locate the gas cap (very important for the hyped up plans to re inject the gas to try and increase production). S12 found water and it would seem not only at the targetted lower zone. S13/S14 have/are having major problems still. S13 was according to the company going to be hooked up imminently and that was way back beginning September 2021. S14 needed a sidetrack and production at S12 has now been "curtailed". I wonder if they really mean it will be plugged and abandoned?

In fact there's been very little progress since the great shareholder wipeout of 14th July 2016 notwithstanding all the hyped up plans that you suckers have lapped up. And you reckon the field is performing to expectations!!! That would suggest that expectations are extremely low.

As I've said before, the additional divis will have been required to keep the Insti's onboard in light of all the failures to progress the business. I wonder what will be needed to placate the hosts? They sure won't be impressed by the production numbers.

[releasethekraken] 13/2/2022 19:38

Putup on LSE Lololol

[releasethekraken] 13/2/2022 19:29

Perhaps you are confused.3 studies post Chinese , funded by the company, are interesting.Takeover?One day nearer , that's all any outsider could know.

[nestoframpers] 13/2/2022 19:18

You held your shares from 2009 as you were waiting for the 2020 report , yea of course you were. BBBS's theories were confirmed by the radial extent tests and oil at BB , nothing else needs adding from an investors case. The report is adding to the clients dossier, so what.

You are always grasping at straws for your next guess at TO date. I think you are now saying sold before Easter . Anyway back on the filter as it's a work day tomorrow.

[releasethekraken] 13/2/2022 18:28

ITEMS IN YOUR CARTJournal of the Geological Society - Single ArticleDynamic calibration of the Shaikan Jurassic full-field fractured reservoir model through single-well DST and multi-well interference discrete fracture network simulation$35 well spent for any investors here

[releasethekraken] 13/2/2022 18:28

How would you know who has read anything.LolPsychic?

[releasethekraken] 13/2/2022 18:24

ITEMS IN YOUR CARTJournal of the Geological Society - Single ArticleDynamic calibration of the Shaikan Jurassic full-field fractured reservoir model through single-well DST and multi-well interference discrete fracture network simulation$35 well spent for any investors here

[mr_todd_f_kozel] 13/2/2022 17:12

The importance is that GKP paid for this study 2020 , 2 of them actually.And they were the basis for the new FDP....

[nestoframpers] 13/2/2022 17:08

re 172 the study I posted is impressive enough for our needs , it is from 2018 , so there is another one done in 2020 , why all the trouble? they are very curious aren't they.

Shaikan only field that has had a KRG opening party .

[mr_todd_f_kozel] 13/2/2022 16:40

ITEMS IN YOUR CARTJournal of the Geological Society - Single ArticleDynamic calibration of the Shaikan Jurassic full-field fractured reservoir model through single-well DST and multi-well interference discrete fracture network simulation$35 well spent for any investors here

[habshan] 13/2/2022 16:32

"All the wells have failed.

Words and the results at huge odds with each other as usual."

No doubt about that Sarah, you said it.

1.5 million barrels a month from only 13 wells is certainly at odds with your assertion that all the wells have failed.

Talking of which:-

Our last payment was for October where we were paid $32.6 million net for the oil sales at $83.54 Brent.

In January production had increased and we'll be paid at $86.51 Brent.

So far this month Brent is averaging $94.52 a barrel.

So those 13 "failed" wells are currently generating in the region of $400-450 million a year in revenue for the company and those of us that hold shares.

Which is why the company can pay out $50 million in dividends every few months to those of us that hold shares.

But that excludes you of course.

Because you're an idiot.

[mr_todd_f_kozel] 13/2/2022 16:07

The study is 2 years after the Chinese nestWe dont need to pay to know what Shaikan is about.

[mr_todd_f_kozel] 13/2/2022 16:03

Nest I haven't downloaded yet , on phone , but the abstract = it's a gkp copyrighted versionITEMS IN YOUR CARTJournal of the Geological Society - Single ArticleDynamic calibration of the Shaikan Jurassic full-field fractured reservoir model through single-well DST and multi-well interference discrete fracture network simulation$35 well spent for any investors here

[bigdog5] 13/2/2022 15:46

And what has happened in the almost four years since that report? Nowt.

All the wells have failed and no one has shown the slightest interest in the company.

Words and the results at huge odds with each other as usual.

All about the results coming from the field rather than theories. Not unlike the BS irrelevant data from the Kozel troughing days imho.

If the field was any good it would have been bought years ago and for a great deal less than the current share price which continues to be distorted by the high OP.

Will the hosts have more penal terms and conditions for rubber stamping the FDP?

But what is the point of the FDP? The 55k a day has been in their plans since 2015 and its still not close!!!

But it keeps the trough filled for the vested interests innit:-)

[nestoframpers] 13/2/2022 13:36

We dont need to pay to know what Shaikan is about.

[nestoframpers] 13/2/2022 13:31

The hydraulic behaviour of the fractures in a fractured carbonate reservoir is a function of fracture intensity, aperture, intrinsic permeability, length, height and orientation, all of which influence the scale of connectivity and ultimately storage, productivity and reserves.

If a geologically realistic fracture model is not appropriately incorporated into upscaled fracture properties for a dynamic simulation, it may still be possible to match a short production history, but calculations of field-wide fracture pore volumes and forecasts of future reservoir development may be poor and uncertain.

To accurately represent the fractures, discrete fracture network (DFN) models were built and used to constrain fracture geometries and their hydraulic properties for use in forecasting, field development options and uncertainty characterization.

The workflow illustrated in this paper shows how a DFN may be validated and calibrated through the simulation of transient bottom hole pressures from individual drill stem tests and pressure interference data, followed by upscaling to a full-field dynamic simulation model.

This DFN-to-simulation workflow, applicable to most conventional fractured reservoirs, successfully matched reservoir pressure history for the field as a whole and for individual wells without having to locally modify any of the upscaled fracture properties around the wells.

Sensitivity analysis identified key fracture drivers having the greatest impact upon the history match, and these were combined to produce history matched Low and High Case models. Production forecasts for the Low, Base and High Cases were used to predict reserves, manage risk and optimize the field development plan.

[thebabe] 13/2/2022 12:13

ITEMS IN YOUR CART
Journal of the Geological Society - Single Article
Dynamic calibration of the Shaikan Jurassic full-field fractured reservoir model through single-well DST and multi-well interference discrete fracture network simulation

$35 well spent for any investors here

[thebabe] 13/2/2022 11:26

The hydraulic behaviour of the fractures in a fractured carbonate reservoir is a function of fracture intensity, aperture, intrinsic permeability, length, height and orientation, all of which influence the scale of connectivity and ultimately storage, productivity and reserves. If a geologically realistic fracture model is not appropriately incorporated into upscaled fracture properties for a dynamic simulation, it may still be possible to match a short production history, but calculations of field-wide fracture pore volumes and forecasts of future reservoir development may be poor and uncertain. To accurately represent the fractures, discrete fracture network (DFN) models were built and used to constrain fracture geometries and their hydraulic properties for use in forecasting, field development options and uncertainty characterization. The workflow illustrated in this paper shows how a DFN may be validated and calibrated through the simulation of transient bottom hole pressures from individual drill stem tests and pressure interference data, followed by upscaling to a full-field dynamic simulation model. This DFN-to-simulation workflow, applicable to most conventional fractured reservoirs, successfully matched reservoir pressure history for the field as a whole and for individual wells without having to locally modify any of the upscaled fracture properties around the wells. Sensitivity analysis identified key fracture drivers having the greatest impact upon the history match, and these were combined to produce history matched Low and High Case models. Production forecasts for the Low, Base and High Cases were used to predict reserves, manage risk and optimize the field development plan.

[highlander7] 13/2/2022 08:05

Pipeline transport costs usually reflect the Oil Price - up or down. However all stakeholders in the pipeline have to be in agreement re any changes. It would be unusual to have different tariffs for different sections of the pipeline - in my experience.

The Kurds are already making record profits from the current OP so whats the issue ?

H7