http://www.klif.no/nyheter/dokumenter/maersk_trex_miljorisikoanalyse151110.pdf p7-10: Location/map, Key information on the well, The drilling rig, Well design and reservoir properties. p14: "As T-Rex is in an environmentally sensitive area and near vulnerable seabed communities, an assessment of environmental risk related to operational discharges has been included in the ERA. One should, however, keep in mind that T-Rex is located at Haltenbanken; a mature area with several producing fields." p19: "Based on information from Maersk Oil on the geological properties of the reservoir; an oil type with similar properties to the Morvin oil is expected if hydrocarbons are found in the prospect." and p56: "The area is well known by Maersk Oil, and based on the geological properties of the reservoirs that will be exploited, an oil type similar to the Morvin oil is expected if hydrocarbons are found in the prospects. p49: "Applications, permits and corresponding background documents from drilling operations during 2009 -2010 have been used for the qualitative analysis of T-Rex. Reference for this qualitative analysis for T-Rex includes relevant drilling operations like Fogelberg, Ronaldo, Pumbaa and Caerus." p70: "Fuegro Survey Ltd (2010). PL-431 Drilling hazard and habitat assement survey, Site survey preperad for maersk Oil." and p71: "Wellpro Academica. (2010). Well blowout and dynamic wellkill simulations Exploration well 6406/3-9 – T-Rex (PL 431) Maersk Oil Norway AS
116 days almost up. And in 41 days (apr10) the Transocean Winner is under contract with the next client.
The Kalvklumpen drill... read somewhere they were drilling on bad old 2D seismics. Almost no chance from the start. Is that right? Any thoughts why they went after it? Good feeling about T-Rex. Hope it gives up its secrets and is good and fat updip! GLA
If this ain't a T/O candidate, I've never seen one. For a company this size FPM holds and handles its portfolio like the croupier of the North Sea. Their contacts and the current situation in the upstream business... Ask yourself: Which Major or ambitious 'peer' wouldn't want to get their hands on a selffunding FPM with these assets and prospects?
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