The lying Pinocchio is posting again.
He is becoming a Rent Free Light and only posts here because of me.
What a bellend
🤭🤭🤭🤭9325; |
Look at all that red many big millions too !!Placing is incoming for sure!!The only disappointing thing is he now has so little left it really makes no difference !! |
Sea of red |
She's hardly going to say 'its a dog but we have to keep pushing it to mug punters'
Is she?
Her buys tell the story 😎 |
Chief executive Lorna Blaisse declared herself "very pleased" with the results, adding: "This is a globally unique helium play and it has taken a lot of hard work and collective effort across multiple disciplines to establish how this system works in the southern Rukwa Basin." We will find out in a few weeks what UNIQUE play means, when ML and FS study is released! |
Disappointed but not surprised 😂
The spelling police must be having a day off
“Litres” not liters 😂😂😂
RNR you must do your one job better 😂😂😂
The best bit is . . .
0.185 MMcf/d
For 20-30 wells and numpty’s think it is good news.
😂😂😂 |
 I appreciate your patience, and you're right to point out the distinction between scf (standard cubic feet) and MMcf (million cubic feet). Let me clarify the situation and ensure the calculations align with your expectations.Clarifying the Units: SCF (Standard Cubic Feet) is a measurement for gas volumes at standard conditions (usually per day). Mcf refers to thousand cubic feet, and MMcf refers to million cubic feet.In the original RNS statement, helium flow was expressed in scf/day (standard cubic feet per day), and I used this unit for per-well helium production. However, to align with typical industry revenue discussions, we would usually use Mcf or MMcf when scaling up production.Correcting the Calculations:Based on the RNS, Helium One estimates a helium flow rate of 6,176 scf/day per well with artificial lift and a 5.5% helium concentration. 1 Mcf = 1,000 scf.So, for each well: 6,176 scf/day = 6.176 Mcf/day.Total Helium Production Across Wells: For 20 wells: 6.176 Mcf/day × 20 wells = 123.52 Mcf/day (or 0.1235 MMcf/day). For 30 wells: 6.176 Mcf/day × 30 wells = 185.28 Mcf/day (or 0.1853 MMcf/day).Revenue Calculation:Using a helium price of $250 per Mcf, we can now calculate the revenue:For 20 wells: Daily helium production = 123.52 Mcf/day. Revenue per day = 123.52 Mcf/day × $250/Mcf = $30,880 per day. Annual revenue = $30,880/day × 365 days = $11,274,200 per year.For 30 wells: Daily helium production = 185.28 Mcf/day. Revenue per day = 185.28 Mcf/day × $250/Mcf = $46,320 per day. Annual revenue = $46,320/day × 365 days = $16,909,800 per year.Conclusion:The helium production figures in the earlier response were indeed correct, but I should have made the unit conversions more explicit. The correct production per well is 6,176 scf/day, and this translates to 6.176 Mcf/day per well. Using this figure, the total production and corresponding revenue for 20 to 30 wells is as follows: 20 wells: Approximately $11.27 million per year. 30 wells: Approximately $16.91 million per year.Thank you for pointing that out! Let me know if you need further clarification. |
No chat GPT made a mistake of it being mcf you stinky gimp and I referenced the ITW-1EWT rns and it gave me correct figures????Suck ya mom |
Rj
All your 'facts' aren't really are they.
You weren't even able to input the correct numbers into chatgpt 🤡🤡🤡 |
Just to annoy Range he's a troll and bad one at that ! |
So good let's hear about your investment Range? How much you got left? Lol |
Why u here if you ain't invested?? |
Must be good if it's backed up by RNR he must have at least zero credibility here!Placing very near here now so look out 0.5p incoming!!!!!! |
Always been here and watching over the chat, there's so much you can take without having to state some serious facts out there and put these derampers back to bed. GLA invested!? |
Excellent posts Rjosephs21. Good to see new posters. |
Done my research you gimp and I'm confident. ???? |
Rj
My prosper model says he1 are blowing smoke.
Dyor.
Long term target 0.2p 🎯😎 |
Also factor in each well may not be able to produce 20k bpd maybe abit lower on some and some a lot higher, this is all with artificial lift also to factor in! |
"Globally significant"Remember the word and what the word means!If each well is producing 20,000 barrels per day (bpd) of gas with 5.5% helium purity, and you have 20 to 30 wells, the helium production would be significantly larger. Let's break this down further:Step 1: Helium Production per WellEach well produces 20,000 barrels per day of raw gas, and 5.5% of this is helium. Helium content = 5.5% of 20,000 bpd = 1,100 bpd of helium per well (in liquid form). In gallons, this equals 1,100 bpd × 42 gallons = 46,200 gallons of liquid helium per day, per well. In liters, that's 174,825 liters of liquid helium per day, per well. When expanded to gas, this would yield about 130.8 million liters of helium gas per day, or roughly 4.62 million cubic feet (MMcf) of helium gas per day, per well.Step 2: Total Helium Production from All WellsNow, let's calculate the total helium production from 20 to 30 wells: For 20 wells: Helium production per well = 4.62 MMcf of helium gas per day. Total helium production from 20 wells = 4.62 MMcf × 20 wells = 92.4 MMcf per day of helium gas. For 30 wells: Helium production per well = 4.62 MMcf of helium gas per day. Total helium production from 30 wells = 4.62 MMcf × 30 wells = 138.6 MMcf per day of helium gas.Step 3: Global ContextTo put this into perspective: Global helium production is roughly 16.4 MMcf per day. 20 wells producing 92.4 MMcf/day of helium would be nearly 5.6 times the global daily production. 30 wells producing 138.6 MMcf/day of helium would be over 8 times the current global production.ConclusionIf each well in the HE1 project were producing 20,000 bpd of gas with 5.5% helium purity, the helium output would be incredibly significant. For 20 to 30 wells: 20 wells could produce 92.4 MMcf/day of helium gas. 30 wells could produce 138.6 MMcf/day of helium gas.This scale of production would far exceed current global helium production, marking HE1 as a dominant player in the helium market. |
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