genel and sle have always liked this well before it was already drilled..and it could be bigger as there is a nour west and nour east ..so could anything could happen...fingers crossed for flow and commerciality and a good api ie light oil!.cheers links
pressure ( down 7% today} is due to lack of optimism at Sid Moussa, or lack of optimism at Kety in Poland. The latter drill should have been completed mid- October, and testing results by end October. The drilling rig should have been moved on for another 2 wells. There is plenty of news to come in the short term. The market thinks it will all be bad news. The market called 3Legs correctly!
CASING POINT - A term that designates a time when a decision must be made whether casing is to be run and set or the well abandoned and plugged. In a joint operating agreement, casing point refers to the time when a well has been drilled to objective depth, tests made, and the operator notifies the drilling parties of his recommendation with respect to setting casing and a production string and completing the well. On a marginal well, the decision to set pipe is often difficult. To case a well often costs as much as the drilling. On a very good well there is no hesitation; the operators are glad to run casing and complete the well.
Yes, G1l0, and the question of why they have gone to the expense of testing a cased rather than open hole was discussed on advfn.. Best reply I've seen:
9lanny 20 Oct'14 - 15:27 - 25535 of 25554
"Typical reasons for running a closed test target than open hole. Not in any particular order nor am I saying any one of these are reasons for them doing so here, but high pressure, reservoir characteristics, high tempuratures, reducing more damage to reservoir(unstable formations), no need to flair as there is get much less oil(and gas to flare) to surface, less rig time needed which for off shore can mean a large savings.
We already know that there were some issues during drilling, running casing right away leads to less chance of the formation caving in, thus getting stuck in the hole while drilling deeper, or testing tools getting stuck later on etc."
I should add that another poster postulated that they were casing the hole to make it ready for production but we shouldn't get too carried away IMHO!
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