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Angus Energy announces transformational joint venture with Cuadrilla & Lucas Energy
Aim-listed Mongolian explorer Petro Matad to drill four wells in 2018


88 Energy Share Chat (88E)



Share Price: 1.65Bid: 1.60Ask: 1.70Change: 0.00 (0.00%)No Movement on 88 Energy
Spread: 0.10Spread as %: 6.25%Open: 1.65High: 1.65Low: 1.625Yesterday’s Close: 1.65


Share Discussion for 88 Energy


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jange
Posts: 27,191
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Opinion:No Opinion
Price:1.65
phrontist
Today 00:49
Read some of your posts in the past,you could probably more knowledgeable than me mate,wish i could have gone to the brewery to meet some of you guys,but have recently been very ill,so only been back to work 6 months ago so impossible to get time off unfortunately.........
 
jange
Posts: 27,191
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Opinion:No Opinion
Price:1.65
phrontist
Today 00:39
Im hoping for 100-150 barrels a day minimum which would be classed as a success....anything more would be phenomenal....but so much going for us with conventional and unconventional going to be exciting times ahead...hopefully well will be opened up end of april weather in alaska has been rarely mild so that could be a possibility but all depended on weather.......
Phrontist
Posts: 2,105
Question
Opinion:Strong Buy
Price:1.65
What is likely Flow Rate on Ice2?
Today 00:17
jange, you seem to have experience in this sector.

Do you have an estimate for the Flow Rate on Icewine 2 as a single vertical well, now in place?

Do you think this test will be completed by end of April? end May?

best regards, Phrontist
V111JAS
Posts: 481
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Opinion:No Opinion
Price:1.65
RE: conocophillips
Sat 23:58
jange :........Some brilliant posts from you tonight !. Most encouraging !
jange
Posts: 27,191
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Price:1.65
belisce6
Sat 23:43
That's one way of putting it lol.............
jange
Posts: 27,191
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Opinion:No Opinion
Price:1.65
Drilling records north slope
Sat 22:22
The technology allows workers to steer the drill bit to maximize oil production from a reservoir,

The record well, drilled by Doyon Rig 19, reached a depth of 7,400 feet, with a horizontal leg extending a little more than 3 miles. The well took 24 days to drill.

The longer wells can ultimately mean more oil production over longer periods, while reducing impacts to the environment, ConocoPhillips officials said in a statement announcing the record. More than 60 square miles of subsurface area can be reached from a single drilling pad.

Such wells, while more expensive than shorter, vertical wells, can be more cost-effective because fewer of them can tap greater portions of a reservoir.
jange
Posts: 27,191
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Opinion:No Opinion
Price:1.65
Drilling records north slope
Sat 22:19
ConocoPhillips set a long-distance drilling record in Alaska with a 5-mile well at its CD5 field, where oil production has beat the original target by 25 percent, the company announced Thursday.

In October, the field on Alaska Native land began producing the first oil from within the National Petroleum Reserve-Alaska.

The company said it was producing 20,000 barrels of oil daily at CD5, more than the original production target of 16,000 barrels.

ConocoPhillips had previously said production at the site was exceeding expectations, but did not provide specific details..........
The new drilling record £ a horizontal injection well extending 26,196 feet £ ekes past the old record by about 100 feet.

The previous holder was a 26,090-foot-well drilled by BP in 2009 at the Northstar field, announced Steve Moothart, a petroleum geologist for Alaska Division of Oil and Gas.......

The longer wells allow companies to access more oil from a smaller pad on the surface. they reduce the need for multiple vertical wells that require the construction of larger gravel pads on the tundra to support drilling rigs and other facilities.

The Alpine unit, home to CD5, began producing oil in 2000. It was the first North Slope unit developed exclusively with horizontal wells.

Drilling technology had reached a point where that was possible...................
belisce6
Posts: 2,523
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Price:1.65
RE: belisce6
Sat 22:18
Jange.. i agree.
He did his job properly.. while others are just nobheads.. haha..
V111JAS
Posts: 481
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Opinion:No Opinion
Price:1.65
RE: Ok
Sat 22:07
Aussie ~~~ 3p Friday - go steady on that juice , you need to be in a fit state to enjoy 30p later this year ;)
jange
Posts: 27,191
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Opinion:No Opinion
Price:1.65
yukon gold
Sat 21:51
Donkels interest goes along way back.....

http://donkeloilalaska.com/north_yukon_gold.html




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