Member Info for Ezhik

? :)

I will literally kill myself if they really did drop that bl**dy spanner down the hole.

And its flat out in top gear with no brakes. Someone mentioned the 1970's in one of the posts. We will be revisiting the 3 day week, massive protests and no support from Eu monetary fund soon enough. It'll be OK though in the end because we will have Wressle, wn and Biscathorpe etc to keep the lights on.

If the figure of 25% water cut is accurate then even at 300bbls a day the 1200 pumped into the well would have been displaced by now. If the initial flows included water, at 1000 or 1500 or whatever figure was supposed to be flowing, then at 25% it would be all out in a matter of a few days. Figures currently point towards 300-350 from 16a and 26 from Norio, so call it 400. I believe half of the profit oil comes the block. rabbit and hat and a Cheshire Cat needed. Why did I buy back in last week

Sting. Look up double completion on the net you will get you answer about producing from 2 separate zones. Tubing poking into the bottom (oily) section with a seal/seals above the producing zone and then a separate completion for the gas section. Two tubes run up inside the casing to the well head. The net will probably have a more eloquent description :) oh, and a drawing probably.

It doesn't need to be an adjustable spanner though does it smart ar8e. The item in question has been left laying on one of the lugs on the mast structure which is poor practice especially when you have the lid off the well head, but I guess you know that. You probably know that there are many ways to stop an oil leak, not least shutting down the pump, or reduce the pressure or use a spanner of the correct size so as not to damage the nut on the fittings, or use an allen key if the clamps are of that particular design. I don't really see what point you are making. Did you notice the evidence of an oil leak?, did you notice the poorly placed spanner? Why is it poor practice to leave an object on the mast do you think, what other risks does it create?
No need to respond, it wont be read.

If they actually started Friday they should have reached the point of drilling Saturday morning. They would (probably) have gone very slowly over the final few metres just in case there has been any ingress of carp or they have miscalculated the length of the drill pipe vs the depth of the hole, but under normal circumstances with a top drive and a fully motivated, well oiled drill crew they could run in that depth in one shift of 12 hours easily. Hence why I said that it would be nice to know they have started drilling. If it went according to plan--or they actually started running in on Friday, they should have reached the first target already and we would have undoubtedly heard. I'm not convinced that they started running in on Friday. They did have an oil leak, probably from a hydraulic hose and they used an adjustable spanner to fix it. --just guessing. :)

As you say, technically, spudding is the commencement of drilling a new well when the drill bit breaks ground whether it is the sea bed or on dry land. The expression has been incorrectly adapted to this situation by the various posters on this bb simply for ease of understanding by the looks of it. i.e. getting the drill bit turning and making hole on the well deepening work.
Legally, it has been decided that the expression "start of drilling" means the same thing as spudding and is the point at which the drill bit breaks ground. The preparatory work to enable drilling to commence is not included in the definition of 'start of drilling'. drilling complete means that the bottom of the hole has been reached and the drill bit no longer used for further penetration. i.e is doesn't mean logging, casing, testing, swabbing, reaming or owt else. So, if the true definition is being referenced when we are told '"drilling will take approx. 35 days", it should mean exactly that.
Not very interesting was it lol. Sorry about that, just a bit bored.
Drill pipe diameter, probably 4 1/2" but cant be sure. the variables are almost infinite when you consider the choice of materials, wall thickness and tool joint sizes available.

Would be nice to know that drilling had actually started.

Looking a bit red in the trades history today, why's that then?

C37 logging was most likely a casing log to make sure is wasn't about to collapse when a drill string started clattering around inside it., if they even did any logging st all. There is no secret information about an oil lake being withheld. The comment about AC knowing more than us is wishful thinking, he is equally underwhelmed at the outcome so far but remains confident that he will get a good retirement out of it. Well, at almost a million a year, he should manage it.

Someone posts a few truths and highlights some of the errors made and they have an agenda. Someone else posts that PH is a hero and block is the best thing since odourless dog poo doesn't have an agenda? Seems like some folk are closed minded with very limited ability to see further than the end of their nose. 295 barrels of oil a day, is not going to clean up to the implied 1100, simple as that and the fund raise based on those implications is worthy of investigation to establish the extent of the knowledge and expert opinion available at that time. Norio etc dropping back more than 50% over a few months should also not be ignored and the reasons should be investigated and made public as they are significant. SP is what it is and no matter how mortified folk are for not being overnight millionaires it won't change anything.Expectations need to be adjusted to normality and common courtesy to anyone that posts what they believe to be true should be restored here. Announcing spud on 38 will give folk a chance to recoup losses, until then, who knows.

Maestro, just read your reply. That was exactly my point. I was just attempting to highlight the potential that these fields are in the right region. Even if this well doesn't achieve success at those levels, there are other relatively low cost 'bites of the cherry'. to go for.
Tweets next week showing drilling ahead and some dirty overalls would be good. :).

2/3 of the worlds oil is produced from Jurassic/Cretaceous periods, The main areas for source rocks appear in the Middle East, caspian, west Siberia, Gulf of Mexico areas. Where is Azerbaijan?
Testing will follow logging which will follow indicators from drilling. In theory, there will be oil and no gas. Hopefully enough of it to flow commercially and to give direction to where to poke the drill for zen01. 4-6 weeks from now to find out whether testing is viable.

Bargain prices here, block still at 34million with about 400 bbls a day production and minimal 2p reserves. One or the other is priced incorrectly

Still shot, pipe turning? Lol. Well, it does say getting ready.

I was anticipating a drop to around 7p, so far, not so bad as I feared. Hurry up with the spud details.

Not expected this morning if you think about it, they would have had to prepare it yesterday and they are not aiming to start until today. Just sayin, before folk start saying no rns.

Should have held off buying back in this week by the look of things. Market won't like 300 bbls

SMB. thanks for saving me the effort of looking back at the earlier posting. I now see what you mean about the other storage vessels, I thought they were for post separation of good oil, water and other detritus. So, 3 tanks for oil, a heater and a separator, some pipework and a fire extinguisher for that low risk bleve. Got it. oh, propane for the flare pilot and diesel for the generator and jones's tractor. There was mention of 78 tonnes oil per day output from site in 4 tankers which is about 570bbls during testing. maybe that is a maximum. See you tomorrow.