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TAGHMEN, an Energy stock with great potential.
PapalPower - Wed, 28 Dec 05 :
papalpower@hotmail.com
As an example, progressive cavity pumps are not something to be laughed at in terms of capacity to pump fluids. Just as a standard type PC pump for example has a range of 0 to 160 metres cubed per hour.
Max rate 160 metres cubed per hour is 2.6 per minute
This equals 650 gallons per minute or 40,000 gallons per hour (and that in fluid terms is 18 barrels per minute or 1,142 barrels of fluid per hour).
All that matters for TAG, as its always been, is how well the oil flows into the well after acidisation, and with 100 bopd from just swabbing pre acid work, with one pay zone perforated, pointers are good. Still hoping for a figure in the region of 1000 to 1500 bopd, higher would be nice, above 500 is still fine.
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