Member Info for Ezhik

Yep, we/I could do with a view on the formation rock. Upper ( late) Cretaceous can be like concrete due to the chalk cementation, it can have zero porosity at depths over 3km unless the cementation process has been interrupted by some other means--eg. oil :). The seismic should have at least identified an anomalous porosity zone otherwise we wouldn't be poking around in it. If the 'orl' is there, we want it to flow tho.
A 'proper' opinion would be appreciated if anyone is looking in

Sarge

I don't know, it depends on the equipment, but it doesn't make a lot of difference either way. Once the pump and any production tubing is out, I might be tempted to run back in with a scraper for the clean up and then when the 180 gets going and we have mud in the system I would circulate the debris back to surface for a while until the returns are showing no big lumps coming back and then start drilling ahead for the next week or so to complete the 250m. (wishful thinking, depends on ROP and rock formation) But the above is just a view on it and only time and twitter will tell. To run in to full depth and back out with the scraper should really only take a day or so (say 48hrs), hence my comment saying that it doesn't really matter--and as they are using their own 80t, I would use it to clean up as it doesn't cost much.-- few gallons of diesel and the crew's' wages. Realistically, by Monday it could all be ready to accept the 180 set up and this time next week we could be drilling ahead-but who knows with Zen, they could change their minds yet again.
In any case, C37 is really not far off and in theory; if there are no complications, the result whatever it will be should be known around the end of November. Just my view which so far with Zen has been less than accurate so on that basis take no notice and just guess!.

Lol zeb, no the depth doesn't matter does it. Each section of pipe is directly below the floor. They don't have to go all the way down to retrieve the next piece of pipe.. The entire drill string sits in the slips...that is tapered gadget that you normally see one or two people lift out every time they attach or detach a new section of pipe.
Pulling out singles on that 80 t in a nice easy rhythm is no sweat
So, the process. Lift up the drill string with the block, throw in the slips below the next pipe joint, lower the block a tad to set the string in the slips, break the joint and spin it off. Now there will be a 10 m approx length of pipe hanging off the block, lower it down and guide it into the pipe rack and then latch onto the top of the pipe that is sitting in the slips, take the weight of the string and lift it a few inches, pull the slips and then lift the entire string up another 10m, chuck the slips back in and do it all again. One cycle might take 1.5- 2 minutes approx.
Not sure about how much they have pulled, but it should be out before the weekend unless they only work half a shift.

I guess they will be providing the whole service, crew and general equipment but with zen pipe?

Zeb, the presentation unfortunately has some legacy items that on the face of it should have been taken out. The reference to buying into Indonesia is also in there with the 1000bbls by end of year which is not a realistic target at this stage. Pity that more care is not taken with such announcements and documents. I find it disappointing tbh.

Most stocks appear to be marked down pre-open today. US drop over night.

Debenhams is not good news for anyone, especially employees on the run up to Christmas. Oh dear.

Hmm. Interesting that I said on Wednesday morning that we need an operational update etc etc and then later the same day we received the presentation via tweet.
Must have been those conversations with AC last week that did it--- Ha ha, dream on!!

Hope you are watching this S7. It's about time but hopefully patience will be rewarded. I missed my 4p prediction by a day providing we retain it until close. The 3000 dream might be a bit of a stretch without a horizontal though. We shall see. Atb

Cheers all, I am in the middle of training at the mo and after a quick look in thought that maybe we were still looking at yesterday's screen.

I am still working 15 mins delayed but it looks like we have broken 4 . I thought we may get a 25% boost this week afternoon that rns.

Double it from here by Christmas and I will be happy going into 2019.

Break over.. back to the day job.

Is this site working? Are we looking at 4p on the offer again?

Bring on that 3000bbls I was dreaming about.

you have both confirmed my similar thoughts. AC has accumulated a decent amount of personal wealth and has his own vineyard, he doesn't need to pay for too much personally as his costs come out of expenses and he is able to invest decent amount of his own cash in here and possibly write off that 100k deposit he laid down for the Indonesia folly. In general he is therefore no fool but like everyone else makes mistakes.

I would like to see Zen deliver a revised operational update at this point with planned and current activities, approximate timescales and an overall outlook based on what they now know.
I also suspect that the 260 will drill the obligatory well and they may therefore utilise the B Robotics guys during that time so as to get as much knowledge as possible form them. The 180 may just come in for C37 and then go off hire which leaves Z wells on hold for the foreseeable future which would be a disappointment. If we are still going ahead with the truck mounted 100 which will be a 120 by the time they have finished adding bits, then maybe that little baby will do the job at Zardab.
In any case, I am happy to see that there is still interest here, and the Sp has enjoyed a little rise over this week.

Hi again--just having a quick T break from work--

Felt the 4p possibility in my bones so to speak, that's why I wanted to sell those HMI shares yesterday for a 20-25% gain by the end of the week. Trouble is, Work gets right in the way most of the time and I couldn't get a price to sell them. Could have added another 200k.

4p will be a bit of a brick wall for a while I guess but it looks better.

A weekend trip maybe, if you can make it. Lend a hand whilst you are there--measure some pipe ready for drilling, clean up the threads, lay them out on the pipe deck etc.

I was looking at it last night and had drafted a post for the bb but decided against posting it. I got to the point of thinking that maybe one of them is at the wrong well or even at the right well number but in the wrong field lol, and then decided that the photos must be out of sequence, and then thought --we just don't know.

I also thought that the next twitter feed should show the pump out and the scraping started.. I guess they may just pull it out now that they are going to drill, but again, its anyone's guess.

Back to work for the day, look after the SP, 4p would do for today !

These are not showing on Money am.

Yep

Z21 and 28 have high potential but currently more risk. I am not a geologist and I am sure that ITN would set the record straight but I believe Jafali formation is less prone to sanding up than Zardab (limestone as opposed to sandstone). That coupled with the fishing job that still needs to be done and the overall cost involved for what is still a high risk at Z21, the risk/reward is better at jafarli. But yes ffs lets get one finished, tied up, done, squared off and into production. No more excuses or changes of plan this time around.--
There is now a bit more work required to drill ahead another 250m and of course more time and cost needed. I might even be tempted to go for broke and drill a horizontal section if there are any indications of a potential production zone at between say 4100m-4200m--hell why not !!. Forget the permission, just do it and ask for forgiveness!!. Lets just go for 3000bbls out of this well to put us on the map. ( wishful thinking of course ). If we get back to the early figures of 150 plus it would make a huge difference to morale and price. As I said back in August--it will be Christmas for a result-

Here's the downer.

I was driving into work today and knew in my bones there would be an rns, the tightened spread at close on Friday and the additional buys was an indicator of a change ahead. I decided that as soon as the market opened I would sell the few HMI share I still have and add more into Zen. I cannot get a price to sell the B**dy things. And to cap it all, we have a really good rns.
Thankfully we have a well engineer at last!!. .

Yeah, I know 37 th well, C 37, but stranger things happen.

Gobustan Exploration and drilling department of SOCAR announced to successful drilling of their 37thJafarli well in 2008 to a depth of 3987metres. The well was producing 22 tons/day, which equates to over 150bbls a day.
I am wondering whether this was in fact our C37 well that has dwindled to 5 bbls a day or whether it was C22 that is referred to in the rns message

Either way, the potential looks encouraging.

Let's hope that welder has plenty of rods to rebuild that tank base, we need somewhere to put at that oil once it flows.

We have 50 posts for the day.