man muss ja mal ganz klar festhalten, dass sich am Chance-/Risiko-Verhältnis ja nix geändert hat. Das Risiko des Misserfolgs ist nicht größer geworden. In anderen Shale Plays laufen solche shut-in Perioden mehrere Monate, wir reden hier bei 88E über 6 Wochen.
Lediglich die Zeitschiene wurde nun angepasst. Klarheit haben wir nun eben nicht Mitte / Ende Juli, sondern Ende August / Anfang September.
Und selbst WENN aus dem Well Icewine #2 nicht zu gewinnbringenden Kosten gefördert werden kann, haben wir ja immer noch die konventionelle Ölresource. Die wird ja aktuell gar nicht betrachtet. Also auch für mich ist der Wert aktuell völlig ohne substantiellen Background ausgebombt worden.
dass die Volatilität bei 88E weiter zunimmt je näher wir den Ergebnissen kommen. Eigentlich bzw. leider aktuell perfekt für Trader. Es wird 2-stellige prozentuale Upmoves geben (wie heute) und auch downmoves. Ich ignoriere das Ganze (wie du schon schreibst).
Edmonton - Ask an oil company to use water to recover oil and they might laugh it off as nothing but a joke. But a new research-backed concept by petroleum engineering professor Hassan Dehghanpour has companies rethinking procedures.
Soaking ? a concept in which oil wells in unconventional reservoirs are shut down for a short time after fracturing operations? actually improves the flow of oil and gas and leads to higher oil and gas production explained Dehghanpour.
?This is relatively new,? said Dehghanpour. ?Initially, oil companies didn?t want the water to react with shale because in conventional oil reservoirs the reaction of water with clay minerals can be damaging, but, in unconventional reservoirs such reactions can act as a driving force for extracting oil or gas from the tight rock matrix.?
Dehghanpour was recently awarded the Regional Young Member Outstanding Service Award from the Society of Petroleum Engineers of Canada. This award recognizes his contributions to industry for providing practical solutions, specifically for the responsible development of unconventional oil and gas resources.
His first phase of the project required him to extensively research hydraulic fracturing and help the shale gas and tight oil industry design environmentally friendly fracturing techniques that would optimize operations in Canada. When fracturing takes place, fresh water is used to create pathways (fractures) and penetrate the shale reserves so oil and gas can be produced.
With only 20 per cent of the fresh water being recovered from fracturing, Dehghanpour says it was important to understand where the rest of the unrecovered water went. He found that while a majority of the fracturing water leaks off into the rocks, some of the fracturing water remains trapped inside hydraulic fractures.
?This was an important find because the industry wants to recover the highest amount of water possible and reuse it for future operations and fracturing. We also developed new techniques to characterize the created fracture network by interpreting the chemistry and flow rate of the produced water,? he said. ?This helped the industry to evaluate their fracturing operations and the lessons we learned can be applied to future oil and gas development plans.?
After extensive laboratory and field studies, Deghanpour introduced the concept of soaking the fractured oil and shale gas wells. Experiments conducted by him and his graduate students showed that soaking unconventional wells can improve oil and gas recovery by a mechanism called counter-current imbibition.
?During the soaking time, the rock imbibes the fracturing fluid and in turn the oil and gas are expelled out more efficiently,? he explained. ?The soaking period provides enough time for the transport of the oil and gas from the matrix to the fracture. The industry didn?t know this mechanism was effective and they are now putting a soaking period into their operational practices. Economically, you want to quickly produce the oil but if you wait, the oil production will be more efficient."
18 July 2017 88 Energy Limited Icewine#2 Operations Update 88 Energy Limited (?88 Energy?, ?the Company?, ?Operator?) (ASX, AIM: 88E) is pleased to provide an update on Project Icewine, located onshore North Slope of Alaska. Highlights ? Icewine#2 well shut -in on 10 th July to allow for imbibition and pressure build- up ? Analyses of flowback results to date ongoing Icewine#2 Operations Update The Icewine#2 well was shut -in on the 10 th July for a six week period to allow for imbibition and pressure build up to occur. Prior to shut -in, 16% of the stimulation fluid had been recovered from the reservoir under natural flowback, with trace hydrocarbons returned at surface. Imbibition, or ?soaking?, allows for absorption of frac water into the formation, which may displace reservoir water molecules that are restricting hydrocarbon molecules from flowing into the created fractures. The pressure build up data will provide insights into the permeability created by the stimulation. Ultimately, the post shut -in well performance will determine the next steps required, such as continuing to flowback naturally or the introduction of artificial lift (eg swabbing). The HRZ shale shares several characteristics with other successful shales in the Lower 48; however, there is no blueprint or benchmark against which it is meaningful to measure performance as there are also many differences. At this juncture, the Joint Venture is of t he view that further analyses are required to determine what impact the performance of the well to date has on the probability of success for the play. These analyses include, but are not limited to; ? comparison of the flowback rate against expected the expected flowback rate based on reservoir parameters and the successful execution of the fracture stimulation; ? reconciliation of the petrophysical model , and the apparent in -situ hydrocarbons , with the hydrocarbons recovered to surface to date. These analyses are ongoing and wi ll be communicated once complete. Further updates will be made as and when appropriate throughout the testing program. Yours faithfully Dave Wall Managing Director 88 Energy Ltd
Nichts ist verloren. Am 21.08.2017 wird das Bohrloch wieder geöffnet und dann ist hoffentlich Druck auf der Leitung.. Das scheinen normale (nicht optimale) Verfahrensweisen zu sein. Da sich die, die gerne nochmal billig einkaufen wollten, jetzt nicht mehr trauen, wird der Kurs wohl auch noch 5 Wochen dahindümpeln.. Ich bleibe dabei und werde nach Finanzlage evtl noch aufstocken. Sollte Icewine 2 nichts Zutage fördern, mach ich auch noch Icewine 3 mit ;-)
man sollte jetzt erstmal die Füße still halten und nichts machen...weder kaufen, noch verkaufen.
Zuvor kamen immer gute News und alles lief prima lt. Updates...aber der Kurs verhielt sich recht bescheiden,- bei der eigentlich guten Aussicht. Dann eine kleine, kleine negative Aussage und der Kurs fällt 45% .... und nun noch das eher "suboptimale Bohrergebnis". Infolgedessen weiter 6 Wochen "warten" ohne Gewißheit was dabei letztlich rauskommt.
Ich bin zwar optimistisch als Investierter, versuche aber die Sachlichkeit nicht zu verlieren in einem Wunschdenken / Glauben.
Mir ist die Situation insgesamt zu "komisch" ...auch das der Kurs vorher nicht wirklich gezündet hat bei den guten Aussichten und eher auf kleine Negative Dinge extrem reagiert.
So verlockend auch der Kurs erscheinen mag derzeit zum Nachlegen..... aber,- Vorsicht ist hier ein guter Ratgeber denke ich derzeit.
19 July 2017 QUARTERLY REPORT Report on Act ivities for the Quarter ended 30 June 2017 The Directors of 88 Energy Limited (?88 Energy? or the ?Company? , ASX & AIM:88E) provide the following report for the quarter ended 30 June 201 7. Highlights ? Spud of Icewine#2 Production Test well occurred on 24 th April 2017, with the following key project milestones; o The Arctic Fox drilling rig reached a Total Depth of 11,450? on 15 th May 2017, on schedule and without incide nt; o Wireline logging successfully completed throughout the production interval ; o Stage 1 and Stage 2 stimulation operations completed successful ly, with over 98% of the intended proppant volume placed in the HRZ rese rvoir ; o Flowback commenced on 19 th June 2017 with ~16 % of stimulation fluid recovered prior to shut in on 10 th July 2017, with trace hydrocarbons encountered during flowback ; and o Drill ing and production testing expenditure anticipated to be within budget. Key Events Subsequent to the Quarter End The well was shut in on 10 th July 2017 for an anticipated period of 6 weeks to allow for pressure build up and imbibition to occur. Icewine#2 Operations On 6 th April 2017, approval of the Permit to Drill was granted by the Al askan Oil and Gas Conservation Commission (?AOGCC?) and shortly thereafter on 24 th April the Icewine#2 well was spudded with the A rctic Fox rig. The well reached a Total Depth (?TD?) of 11,450? on the 15 th of May, on schedule and without incident. Wireline logging, cementing the 4.5? production liner and demobilisation of the Artic Fox rig was completed by the end of May. Log interpretation to finalis e the stimulation design was completed in early June, and the two stage artificial stimula tion of the HRZ reservoir was successfully completed on 19 th June, with over 98% of the intended proppant volume placed into the HRZ reservoir . Flow back from the upper zone commenced on 19 th June, with approximately 8% of the total stimulation fluid recovered before it became apparent that the upper and lower zones were in communication, which consequently resulted in the drill out of the plug between the upper and lower zones. Subsequent to period end the well was shut in on 10 th July 2017 for an anticipated period of 6 weeks, with ~16% of stimulation fluid recovered prior to shut in .