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Re: GKP Stream Log
14:59 06/03/2014
sam
0 replies 0 0

Recovery factors are critical It is important to note that a 10-year plateau of 250mb/d – our take on the field development plan (FDP) – only implies a recovery factor for Shaikan as a whole of 12%. This is against the 26% average seen in a global fractured carbonate study and the average of the competent person’s report (CPR) estimate for Genel’s Kurdistan assets. As such, we see the FDP as just a start, but with so many things to be determined, confirmation of the true upside for Shaikan may take some time

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