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bbrinkw: They may be using an oil based mud to drill with, also they could be using managed pressure drilling which is a closed system - in which case no one should get covered in oil.
Whatever they do the LWD logs will tell the story not what happens on the rig floor, and all communications off the rig will be monitored, and access to the radio will be restricted.
They are paid to bash shares OK.
Zurichsee: My post was about the possibility of a test before TD - usually a well is tested after TD zone by zone from the bottom up. However given the critical nature of this well for BPC I am suggesting they could test before TD if a particular pay zone looks very good, and after the test drill to TD and do conventional testing from the bottom up.
I would suggest that if the LWD logs indicate the presence of hydrocarbons in one of the upper potential reservoirs with significant pay zones, BPC could decide to test before TD, but if it is just hydrocarbon shows in small zones they would not test but would continue drilling.
Over twice as many buys as sells at this time - for every seller there must be a buyer of course.
No one can say for sure anything on this bb is the truth unless it is in quotes from a reliable source, a verifyable technical point, or an RNS etc., anything on the court case or an anticipated sp could be rampin or de-ramping.
Keith may be a fellow ramper - and so any statement regarding any another ramper could be false - who can be sure he is writing the truth?
"How to IDENTIFY a Basher and HOW THEY ARE PAID.
A while back I read an excellent post that I cant find again, so I will try to work from memory and tell you how I understood it. When I read this, “suddenly the universe began to make sense”.... Especially THIS Microsoft message board. I hope this helps you as much as it clarified a few things for me.
The way I understand it BASHERS get paid on he basis of how many people they can engage in a “debate.”
When you REPLY to a basher you give them an opportunity to make their money.
They get paid by the reply.
There are certain tactics or tricks that they use. (I cant remember each bullet but I do remember the gist):
TACTICS:
A paid basher will win your confidence by using facts and data that make them seem knowledgeable about their subject.
They earn your trust with credible posts, will sometimes agree with your message, but never diverge from their task: to depress the price of the stock.
They search out the “board leaders” and engage them in debate; the rest usually follow.
They earn trust on a board and will even engage themselves in a debate by using a series of aliases in order to give their position authenticity or fuel a particular rumour.
They offer personal information about themselves to gain credibility. After all, they are “real people”; they are your friend, your neighbour, they ”care” about you and are only on here to help.
These people get paid by the reply. Each time you respond to them they earn money. So if you respond to them you are paying them.
Ask yourself: why would a person who doesn't own a stock put in the time and effort to bash it? Why would a person who supposedly has a job spend all day posting to bash your investment? I mean what on earth would they have to gain? If they have no job (but have the time to post all day just for free they are a total loser who shouldn't be listened to, anyway.) If they can spend all day bashing a stock and engaging you in a stupid debate in a stock they don't even own what on earth is in it for them? Money, that's what."
I think CNOC or SINOPEC or maybe Gazprom etc., could be very interested in a discovery - they are really outside of the western worlds energy ambitions and carbon emissions restrictions.
It is best practice to put 'Serial Derampers - Bashers' (IK etc) on Filters. By engaging with their messages you are aiding their efforts to spread dis-information.
This evening on the BBC they are reporting on dis-information about Covid-19 vaccinations, and the authorities stress that the public should not respond to their false fake information messages.
JR710: Many thanks for the good news best wishes to you and yours for Christmas and I hope the new year lives up to our expectations.
I note that 37m or so shares were traded yesterday out of 4,090m - a tiny fraction of less than one thousandth of the total shares. However I am not a maths expert and 4 out of 3 people have trouble with maths.
I agree the 'buys, sells and the unknowns' do not reflect reality, because a significant percentage are inaccurate.
My question is this - are these errors due to the LSE software, the mm's, the London Stock Exchange system or some other factor?
Offshore Supply Ship HOS BLACK FOOT is currently located at CARIBS - Caribbean Sea at position 23° 16' 29.784" N, 79° 7' 47.604" W as reported by MarineTraffic Terrestrial Automatic Identification System on 2020-12-18 18:43 UTC (14 hours, 44 minutes ago)
The wind in this area at that time blows from Northeast direction at force 5 Beaufort.
Where is this vessel going to?
The vessel departed from FOURCHON, US on 2020-12-14 22:26 LT (UTC -6) and is currently sailing at 0.2 knots with Southwest direction
What kind of ship is this?
HOS BLACK FOOT (IMO: 9647693) is a Offshore Supply Ship that was built in 2014 (6 years ago) and is sailing under the flag of USA.
It’s carrying capacity is 6152 t DWT and her current draught is reported to be 4.9 meters. Her length overall (LOA) is 92.05 meters and her width is 19.51 meters.
I rest my case and will not waste more time on this.
I never said the Icemax would go to Fouchon - I said supplies would come from Fouchon. In fact I said days ago that Icemax would not go to a port in the Bahamas.
This is not semantics it is misleading:
The February BPC presentation states on page 8 that Port Fouchon will be providing services and provisioning - and Port Fouchon is 860 miles away so supply boats are probably already en route to the Icemax.
bynari: BPC will not be using Freeport for drilling supplies because Freeport is not set up to handle drilling supplies:-
Proximity to services and infrastructure - Services and provisioning from Fourchon
200 miles to world’s largest energy infrastructure/market, refining capacity, contractors, services & suppliers.
"Port Fourchon is Louisiana’s southernmost port, located on the southern tip of Lafourche Parish, on the Gulf of Mexico. It is a seaport, with significant petroleum industry traffic from offshore Gulf oil platforms and drilling rigs as well as the Louisiana Offshore Oil Port pipeline. Fourchon's primary service markets are domestic deepwater oil and gas exploration, drilling, and production in the Gulf. Port Fourchon currently services over 90% of the Gulf of Mexico's deepwater oil production. There are over 600 oil platforms within a 40-mile radius of Port Fourchon. This area furnishes 16 to 18 percent of the US oil supply."
In general all potential zones are tested after TD, but with an exploration well it will be for BPC to decide if they want to flow test a zone before reaching TD. The decision depends on many things such as the zones potential, additional costs and delays in reaching deeper targets, delays and costs in getting downhole and surface test gear test set up, and room for extra personnel on the rig, the condition of the well etc. Basically you can never predict an exploration well so you rely on the actual LWD log data and other factors to decide to test a zone or not.
CarsCoffee :The Icemax is not in Freeport it is about 80km southeast of Freeport.