Nu-oil And Gas Share Discussion Threads

[broad] 30/11/2016 14:40

you will have to register push2gush seems a very good poster as 1 or 2 others on iii

[...]advfn will not let me post url for iii

[...]

[broad] 30/11/2016 14:36

tpi

no firewood merchant

[taxibabe] 30/11/2016 14:24

I think richT Was once "rich Cardiff" - used to prattle on endlessly about enegi when it was 30p or 40p lol
if it wad him he got 0.402 or the place price - I hope that's the bottom5

[pj787] 30/11/2016 14:24

4.7m must have been absorbed by now.. lets have a blue finish!!! You never know...

[pj787] 30/11/2016 13:59

According to a poster by the handle name RichT his claimed sell should appear a some point today.

[taxibabe] 30/11/2016 13:40

I am sure I read that the original well was no good and should have been re drilled
Shlumberger tried to acid soak ot and stimulate it back in 2011 and failed.

[the patient investor] 30/11/2016 13:35

I wonder where marvel the President of The world has gone

Probably back to cleaninkkk the cage of his pig

[the patient investor] 30/11/2016 13:33

Thanks Broad

I was almost ready to send you my surplus Valium


Are you a geologist?

[broad] 30/11/2016 13:30

Referring to the Garden Hill oil discovery, in Western Newfoundland.

[pj787] 30/11/2016 13:23

Geophysicist!

[the patient investor] 30/11/2016 13:19

Broad
Go back on your medications lol

[broad] 30/11/2016 13:17

28-10-16

Re: As I..........

Push2Gush
3UP

Referring to the Garden Hill oil discovery, in Western Newfoundland.

The Bubble point is the pressure at which liquids start to break out, meaning the gas that is within the oil at reservoir is compressed under pressure sufficiently to keep it as one liquid, when the well is opened to flow the liquid starts to rise to surface and at the same time the pressure on that liquid reduces as it rises (hydrostatic pressure) the gas then slowly starts to break-out from the liquid volume (GOR-Gas-Oil Ratio).

So the difficulty can be that if the Bubble point is low then as soon as you open the well to flow and reduce the wellbore pressure the gas breaks out too deep in the well and you only recover limited liquids (oil).

If you run a pump (ESP) then you can produce under increased pressure and keep the liquids under sufficient pressure that the gas can't break-out until out and at surface, this gives a more controlled flowing condition but the difficulty is in selecting the correct pump to match what the reservoir (near wellbore) can replenish so the pump has a constant flow of liquids to pump out.

If permeability is poor and the pump too large then you suck out the stored oil in the wellbore and end up with little or no liquids to pump.The other advantage with an ESP is that you are not constrained with natural surface/wellhead pressures as the pump near reservoir depth drives out the oil rather than relying on natural pressures.

Some Co's opt to run much smaller tubing (spaghetti) as small as 1-3/4", to produce through, this significantly increases the fluid velocity in the spaghetti tubing and forces far more liquids to be driven out with the gas that is also breaking out, but it is far less controlled than that compared to ESP.

[pj787] 30/11/2016 13:14

TPI need to take anyone claiming with support or links with pinch of salt..

[the patient investor] 30/11/2016 13:13

I am livid lol

[pj787] 30/11/2016 13:09

Pardon the pun but poo flying today. Come on NU oil give us a wave!!! Timing would be perfect@.

[the patient investor] 30/11/2016 13:05

Marvel

Who told you? ("I was told")

[pj787] 30/11/2016 13:04

Lets see how the day gets ppl... looking interesting...

[merrington_chase] 30/11/2016 13:03

Couple of Nice chunky buys too!