To: Obadiah
We are talking about a strata which is 350 meters thick and what is important is the thickness and the porosity, the companys chief geologist, Yuval Bartov, explained. On average in the world, strata are 20-30 meters thick, so this is ten times as large as that, so we are talking about significant quantities. The important thing is to know the oil is in the rock and that's what we now know.
I wouldn't put too much faith in this guy. He sounds like a promoter. A hawker at the carnival.
To: crusty old prospector
Leaving out very important info used to determine recoverable, but only talking about the factors that make it look good to the uninformed seems quite telling to me.
Perosity? Permability?
Compare the Green River Shale with the Eagle Ford Formation and only talk about thickness would be very misleading.
14 posted on
10/08/2015 6:17:49 AM PDT by
thackney
(life is fragile, handle with prayer)
To: crusty old prospector
He always talks his book. He is long oil, i.e., unhedged significantly on the production under his control. If he were short, the opposite.
To: crusty old prospector
You’d think a chief geologist would know the difference between singular, stratum, and plural, strata.
29 posted on
10/08/2015 8:06:34 AM PDT by
Moltke
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