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I agree, that post is so OTT and suggests were are a company with assets that will change the energy sector when in reality we are such a small outfit which should give a decent return in a perfect world. The reality is whethere we come in at the higher end of the production scale it is a drop in the bucket. Oh yes lets open the choke LOL spoken like a real ramper with no oilfield experience.
Out of context drivel as usual.
ddboy
Without the pressures it is difficult to comment. This is basic well practice for sure and will be tailored to the pressures down hole and the time it takes to replenish from the reservoir.
Keep the pressure constant and measureable so the well bore and reservoir are not compromised from excess fluctuations.
ddboy
The restricted choke setting is to regulate and give a constant surface pressure for the surface equipment.If left in an open choke situation any sudden surge of pressure could be dangerous at surface to personel and equipment.This also means that the fluids in particular and transport can be scheduled.
ddboy
A well suspended for that length of time is bound to have issues; reperforating could mean they got the original reservoir sweet spot wrong.
Regretably it is a small operation with finite resources and you need to get it right 1st time. Low budget therefore not top quality engineers/staffing/equipment etc
Not a deramp at all just a reality check.
I actually believe in the play and will hold until i feel uncomfortable but without some facts not ramp that is difficult.
ddboy
Covid is NOT over at all.
Inflation here is currently 3.2 %
The cost of living is going up so it would be nice to have some balanced rhetoric instead of constantly chanting the mantrs till people believe it.
I would like a good result for my investment but it will not go so far if inflation and interest rates rise. Get real.
Well i did work for a Norwegian company a few years ago now and drilled offshore Norway so had some interesting chats with Norwegians and those conversations were what i based my comments on.
However i am sure people have moved on but the harsh reality is that Putin has the key to large gas supplies to Europe and it could be easy to weaponise energy supplies.
All IMHO of course; as our resident would say Viva UJO.
ddboy
Don't forget that Germany invaded Norway some 70+ years ago so not sure I agree. However the consensus is that Putin is dangerous and secure energy supplies are a priority for all democracies.
Luckily we get a large amount of gas from Norway which is a stable country. It was mooted a long time ago thta Putin's Nordstream project could be weaponised if relationships became strained.
Merkel is a friend to Putin and a fluent Russian speaker who grew in East Germany and also was instrumental in inviting a million migrants into Europe a few years back.If i were a conspiry theorist i would wonder !!!
Any contribution from UJO of whatever size is vertainy relevant.
ddboy
I mentioned the possibility of problems due to the extended testing period and was rounded on by the usual ramping suspects !!
The problem is that there is no wriggle room with any of the wells as they produce small amounts of oil/gas/condensate.Obviously in larger operations a few barrels here and there are acceptable but not here.
Still holding on a free ride here and hope it goes well.