RE: Next news20 Mar 2019 11:25
Lets clear up what is still needed to be done as some posters who have suddenly jumped back on the board after disappearing after ramping the share just before the placing....how convenient lol
What is Angus intending to actually do at Brockham?
Exactly what they started to do back in November / December. Carry out a well test of the Brockham well with the well now perforated (a 200m section which will now be less due to the bridge plug / isolation plug).
Angus will use a rig, crane, slickline truck, well testing equipment (everything they used before), so the paperwork is going to be exactly the same as before for the EA. They will want to inspect the site to make sure it is still up to the same standards as before and when all the equipment is in place to ensure no spillages.
Only difference is that you have a well barrier in the form of a bridge plug / isolation plug which will be inserted in the already drilled and cased well. Which is why the HSE is involved. Doesn't matter if its sealing off water, its in the reservoir and therefore needs to go through extra hoops (especially after Macondo / Gulf of Mexico).
As I said before and Wasit has reposted it today...SCC will have to be given 7 days notice of rig arrival.
OGA paperwork requirements are listed below . Angus need to submit a game plan of how they will log the well to ascertain where the water zone is (see below for my analysis), how they will seal it off and then Plan A again.
As I posted on 14th February
“Does it mean selling up, well no. As long as you don't need the money then the well has been drilled and just needs the correct completion equipment / isolation packer(s), as well as well testing equipment, rig and OGA / EA sign off on the final equipment which will be run in hole (well schematic) which needs to include ODs / IDs of the production tubing, ODs / IDs of the completion assemblies and their setting depths.
Something similar to this:
https://www.peloton.com/products/wellview/data-analysis/#group-23
I would say due to the profile / angle of the well that the water zone is at the bottom of the perforations (deepest part of the well), as that tends to be the case as Oil and Gas is lighter than water. In simplistic terms all you need to do is run a bridge plug and squeeze some cement.
https://www.youtube.com/watch?v=_gmZ1SV0OmU
End result is you have a production well which just produces hydrocarbons with the water zone isolated. Crazy as it sounds but we will await longer for the components that they should have already had as back up at the site, along with an isolation plug as a contingency plan for encountering water (which they subsequently observed) than the time it will take to isolate the well and flowing hydrocarbons (I would say circa 2 weeks worth of operations).
And lastly, yes once the water zone has been isolated which is a standard operation and an easy fix then the SP will have a healthy rerate from its current
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