re: Possible big oil discovery in Israel

quote:

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I agree that it was extremely vague and made many people believe it was an industry altering find.

Hence why I asked about porosity and perm.

I guess that was my "give me all the details" side kicking in.

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Was interesting they said nothing about the porosity and perm.

You can find oil all day long, but if you have 200# in the zone you are trying to produce, It isn't happening. Also would be nice to know what the depth is of the formation and then figuring what virgin reservoir pressure should be, then look at the data from one of the first drilled wells in that area.

Will be interesting to find out going forward what this does.