[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Alex Filstein @RazorOil on x 15.9K followers
Created: 2025-06-18 12:12:31 UTC
What makes companies like Athabasca Oil $ATH.TO and MEG Energy $MEG.TO so valuable ?
Low cost, Low decline FROM START is not just a gimmick statement and applicable to these names.
X well-pair steam chambers coalescence in SAGD , numerical model visualization of heat transfer and chamber development seen below.
One could easily see that when the steam chamber growing vertically no decline in oil rate should be expected as more and more oil drains by gravity towards the producer. If no decline, there is no need to drill new wells for prolonged period of time resulting in lower cost. 🫡🪒
XXXXX engagements
Related Topics steam $megto coins energy $megef $athto