RE: Let's see.....11 Apr 2023 18:10
Malcy
Obviously the most important thing about this is that there were no injuries and that the site was evacuated swiftly and safely. With Zephyr’s experienced crew and ‘alpha mentality towards HSE issues’ I understand that even the environmental people and the State officials were happy that no corners had been cut and the well control team indicated that it had been done by the book.
With the high API and gas and condensate levels there was little damage on the ground as a great deal of the hydrocarbons evaporated, the clean up is apparently going well and with every chance that the well can be preserved with the ability to re-enter before long.
So, the correct procedures are taking place, the authorities have been very supportive and at no stage has there been any blame attached to Zephyr and I really dont envisage any negative impact from a licence operating perspective. The insurance company were in straight away and with their preferred well control team almost immediately on site again I think that cover is satisfactory.
There is clearly a bit of a double edged sword about this, an unfortunate incident yes and a hold up in the well and the testing of the hydrocarbons of course but as and when the testing restarts my feeling is that there will be plenty to test, at 4.35p down just under 15% it looks like a gift horse to me, fill your cowboy boots…
He's right with cowboys
Wish I sold the lot now