Member Info for Blackadder2708

Well spotted brom

‘significantly’ or ‘significant’

Possibly - better ,

Your right Brian
Certainly does

Knowing bighands as I do , he’s a very generous guy
Would hate me saying this but an episode of DIY SOS
proves it .

Bighands
A very noble deed

A convoy of supplies taken to Ukraine border

Drilling Video

https://youtu.be/hTMeff7L3M4

23:02
Good find . Interesting
Feasibility study done by Worley Parsons

TAP - this is interesting.

Owner - Alyeska Pipeline Service Company
The pipeline was built between 1975 and 1977, after the 1973 oil crisis caused a sharp rise in oil prices in the United States. This rise made exploration of the Prudhoe Bay oil field economically feasible. Environmental, legal, and political debates followed the discovery of oil at Prudhoe Bay in 1968, and the pipeline was built only after the oil crisis provoked the passage of legislation designed to remove legal challenges to the project.

@@@@@@Needs must @@@@@

:-D JEZZAC

“black gold, Texas tea “
You are now shareholder of some Texas oil

WTI Crude $108.36 +4.79 5:22 PM
Brent Crude $110.41 +5.18 5:21 PM
Natural Gas $4.74 +3.65 5:22 PM

Bl@@dy h5ll

Few videos you may or may not find interesting on drilling
(1st one start mid way through)

https://www.drillingformulas.com/overall-drilling-process-video-training-with-full-video-transcript/

https://m.youtube.com/watch?v=z9eWHpEDRME

GLA

£0.0284 Australia
£0.0261 USA
£0.0259 Europe
£0.0240 uk

14:48 thanks . Sounds reasonable

14:17
Same ;-)

Everyone must gauge their own judgement on risk but
I personally think it’s a pretty standard update with some
Standard Reservations

a. "contingent upon the wireline results, in particular the MDT outcomes. @@This is standard drilling policy …

b. government approvals
@@Don’t understand this because it’s approved unless
I’m missing something. Sure someone can advise. Production
test is on the permit

c. weather window considerations
@@This goes without saying….

The main rig will be half way home to Doyan HQ
When the flow test have started :-)

Just a beautiful bright flame to put the smiles on our faces

https://amp.theguardian.com/world/2022/feb/26/us-fossil-fuel-industry-russia-ukraine-drilling

Things are changing …..

Australia bouncing around

10% (7%) at the moment
A$0.046(.045) = 2.49p

Think this is how it works out….IMO

7th March 2022-14th March 2022

The well is planned to be initially drilled to 2,000 feet, with the surface casing then installed and the Blow Out Preventer system tested. .

14th March 2022-11th April 2022

Drilling to TD is then *expected to take a further four weeks, including wireline logging.

11th April 2022-18th April 2022

Flow testing of Merlin-2 will be contingent upon the wireline results, in particular the MDT outcomes, as well as government approvals and weather window considerations.
A production test program for the Merlin-2 well has been designed and equipment placed on standby during initial well site operations.

GLA

Brom
that sounds like a good plan :-)

then positive results :-)
GLA

Ah! Explains why not much change :-/
Thought that square box was the top of the Derrick
(But looked way too big)

Need more coffee :D

https://hotcopper.com.au/threads/merlin-2-satellite-images.6603140/page-15?post_id=59866639

Brom think this is a updated image