Pantheon Resources Share Discussion Threads

[adxwasere] 14/8/2022 14:27

Without the data its going to be a tricky one to answer here is it not?

[adxwasere] 14/8/2022 14:26

What would be your take Officer? Im not really following your questions? Id assume the management would use the data and adjust everything discussed accordingly? Adz

[officerdigby] 14/8/2022 14:00

I very much enjoyed your post on the subject on Reddit. indentifying lateral inhomogeneities as one of last remaining risks, and assoc discussion. Many thanks. My 'guess' is any such changes can't give a suddenly largely different amount of gas on this field.Indeed some models company used say the amount of gas in the oil means more flow right?Negating lift need?But how much gas is too much for long temp production? Injection success is not guaranteed, right? Need a gas cap for normal reservoir. Need to find one here? ...(Dear all, I'm well aware and appreciative of the wealth of info this company provides. Far above any other listed OG. These collective informations... Lead to further genuine questions. Some of which through inexperience. And easily corrected by the collective knowledge here - many thanks) Disclaimer: such questions are NOT intended to influence investors personal decisions on investment or indeed (by nature of looking for potential problems) divestment. This and other places are places to exchange info. Pumping up and down also have there places here with the normal avatars doing their thing.

[energyhobbs] 14/8/2022 10:18

Please don't hold back on the lateral continuity question on my account. I think a number of others have weighed in previously and there is certainly room for further insight.

[doublestexan] 14/8/2022 07:15

Scot126,
Pantheon is now 8 or 9 days into building the curve and starting to drill the horizontal leg of the well!
As stated in Twitter also.

[officerdigby] 13/8/2022 23:06

OK thanks Olderwiser and Scotty,.The answer seems to be flaring for now then excess to what is needed for power..I didn't realize that would be unlimited (UK would have a defined amount). Presumably there is limit here as this well is expected to go for while 6 months maybe more?. But indeed they would have their samples from well bore. Just the horizontal heterogeneity might throw a curve ball. (I know I'm not allowed to mention the lateral heterogeneity issue only the likes of energyhobbs or telematics everyone cheering! LOL)I was aware of their stated plans in webinars reinjection was mentioned.I can see now (thanks) it's obvious you can't reinject without a second well.Hopefully not too much gas then?!

[olderwiser2] 13/8/2022 18:40

Officer Digby
In a flow test, even an extended one, the gas goes back part way down the well bore to provide gas lift, it does not re enter the formation ( that is later on when there is a separate well drilled to provide access to the formation)

Gas lift is required to lower the down well pressure, to create a pressure differential between well bore and formation pressure, as Alkaid has been considered normally pressured.

PANR will know how much associated gas is produced as they have samples of the oil from flow testing Alkaid 1. As a light oil there is normally a decent amount of AG

So it comes down to how much gas is consumed in power production for the site, as very little is required for gas lift, once established it is a recycled loop. Gas is sent down the well then recovered in the separator at the top for reuse.

The right to flare comes with the flow test permitting.

Longer term it will be reinjected to support formation pressure

To little when PANR has to supplement with CNG at cost

The amount produced is a ratio of the amount of oil produced, so it all depends on how many thousands of feet of horizontal they drill and the flow performance post stimulation

[madd_rip] 13/8/2022 14:22

I declined to type the actual part

[officerdigby] 13/8/2022 10:41

OK last question...Associated gas. They have said they will take gas and use it to run electric and pump excess back into formation.Is this realistic and determined upon presumed/modelled amounts of gas being produced. How much is TOO much and how little is TOO little?.Are they allowed to flare the entire time of the production test any number of months. And when does that get revoked and have to 'deal'. With gas as per plans.Thanks for any specific info. General knowledge of the 'usual' MO would also be of value.

[madd_rip] 12/8/2022 16:12

Like anyone would believe what you type

[pro_s2009] 12/8/2022 15:43

Boring at PANR the moment, so as an Off Topic post.

Keep an eye on ECO.

Latest presentation :

They are a company with a billion and more potential recoverable barrels. All in the Super hot spots of Guyana and Orange Basin (Namibia and South Africa).

Drilling for 300 to 500 millon recoverable barrels at Gazania-1 (spud late September). Follow on potential is massive.

And then expecting at least 4 wells in 2023, two Orange Basin and 2 Guyana as a minimum.

Chevron now farming into some Namibia licenses, Total already there.......expecting Total or Chevron to farm into the ECO South Africa 3B/4B license before too long, and massive interest in their Namibia licenses.

Market cap is tiny for their potential - and if Gazania-1 comes in good thats a 10 bagger on todays share price.

Exciting times........ one to seriously watch if you like billions of barrels of oil potential, why, given they are working in the areas with majors, with Chevron moving in, with Total already there......ECO could end up bigger than PANR........ now theres a thing.........

Thread :

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[stockport loser] 12/8/2022 15:42

Yep, green tick foot-solider. He has a whole army of them in his suite of multi aliases.

[pro_s2009] 12/8/2022 15:41

dhb368 - Nothing to do with me............