Independent study points to potential for attractive flowrates at West Newton
The onshore UK West Newton discovery is believed to contain a large resource (113mmbbls oil and 50.6bcf gas in place, or ~122mmboe in total). The most significant uncertainty is what proportion of this can be recovered, technically and commercially. Consultants RPS Energy have studied the data and see the potential for initial production rates of 35.6mmscf/d gas (~5.9mboe/d), or 1mbbls/d oil, from horizontal wells dri ....
17 Jan 2022
Independent study points way ahead at W Newton
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Independent study points way ahead at W Newton
Reabold Resources plc (RBD:LON) | 0.1 0 0.0% | Mkt Cap: 8.41m
- Published:
17 Jan 2022 -
Author:
Martin Thomas MT -
Pages:
6
Independent study points to potential for attractive flowrates at West Newton
The onshore UK West Newton discovery is believed to contain a large resource (113mmbbls oil and 50.6bcf gas in place, or ~122mmboe in total). The most significant uncertainty is what proportion of this can be recovered, technically and commercially. Consultants RPS Energy have studied the data and see the potential for initial production rates of 35.6mmscf/d gas (~5.9mboe/d), or 1mbbls/d oil, from horizontal wells dri ....