LO 110
LO 110: Key Techno-Commercial
Risks
- Probability of Success of 1 in 6 (16%)
- High Pressure (>10,000 psia) / High Temperature,
Gas Prospect
- HP/HT drilling/testing not carried out in Ravva
earlier
- High well costs ($24 MM considered, but could
be higher)
- Development subject to market conditions
- Target gas price > $3.5 per mmbtu
- Surplus gas supply in AP market due to recent
discoveries by other Operators
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