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Well I'm pretty stunned that DW didn't see this well all the way through, I know he said if it fails it'll fail early,this well hasn't failed yet, so I'm of the opinion that we may have already signed a jv and they have said hold proceedings. This is the only logical explanation I can think of to cease unloading the well. We had a lot to gain in sp wealth and jv aspersions by proving that the shale will flow, so for this reason alone I'm thinking we have someone sniffing or its a done deal. Just my thoughts
The only thing that will tell us that is the BOP, If it's still at 9000psi we know that the formation is releasing. We have been told that all the perfs are open and the BOP is at 9k. It won't be jelled as some suggested, it's hot down there and we have seen good free flow rates when THP is high, ff is mostly water so why/ how could it jell? I'm sure hydrates isn't the problem ether as you need a differential pressure over an object or orifice due to velocity, flow rates to slow for hydrate and far to hot down hole. I wish we had E line on site to tell us what's going on down there,hindsight is a beautiful thing. I'm going with my experience and that tells me to remove this water, release the head pressure on the formation and it will flow. How much?
Tammy.mark Don't get hung up on the psi issue and separator pressure, we are not in the well testing stage yet. The statement about managed is in regards to maintaining the flow rate.This would be achieved in this instance by increasing/ decreasing nitro injection pressure and opening or closing the choke. Its still flowing, not as well as we all would like but if it was easy everyone would be doing it. It might take a few more weeks at this rate, it also could kick any day and flow like a river which I've seen also, you need to understand that weight of fluid holds us back, I want to see 30% of fluid out and we should start to see WHP increase, then we connect to the separator and start well testing I'm not going anywhere
Well tammy.mark67 is that the birth date? If so same same. Yes I have a lot of experience in oil and gas, been in and around it half my life, wireline, slickline, well testing and now production. There's a multitude of ways to remove ff and kill fluid. Coil tubing, bucketing or swabbing, recirc with a workover rig and injecting nitro. The best and cheapest way is free flow but unfortunately this rarely work's due to the weight of fluid/res pressure. Injection of nitro is the best in this application because of the control ability it offers the team. Everything in this industry is expensive and hardly any operation runs on time and on budget especially these types of operations as one doesn't known what one doesn't know. Having said that, yes this is a lot cheaper than the drill. I have no doubt they will remove the ff this way, all that's change is the rate, it's taking longer than they expected, sit tight if you can.
Where i work we have wells that flow over 800 bpd with less THP then 32 psi, yes it's a different formation and different technology but people, 32psi is a large number when talking pressure. Nothing has changed we still need to get the FF or water what ever you wanna call it out, then watch the THP rise along with the flow fate. This is always a slow exercise and patience is needed.
Why pick the negative aspect? There's only one reason. What about this, the BOD know how good IW2 is going to be and they seen a golden opportunity to grab some more land at a bargain price. One question, since we have the highest % and organising the drill et, are we the operator? If so that makes our portion more desirable if/when the big operator's come knocking on the door
One thing that maybe a few have missed is the fact that when the original flow test started and we found communication between the two fracs it effectively increased the area in which to drill the horizontal. Top HRZ to top Pebble some 200ft. Drilling horizontal wells is one of an art, to have a thick section to achieve this is a bonus. Having said that its not critical just makes the job easier.where I work we just completed 3 horizontal wells up to 1000 meters in length in only 1-1.5 meters of pay, not in shale but same technology. The other thing that shouldn't be dismissed as as an expected figure is the reservoir pressure @ 9000psi it's exceptional. What I don't understand is the current SP WTF is that about, wish I had some spare coin.
No problem with the WHP dropping, have never seen a well that will displace the FF or kill fluid by itself. Now before I get shot down,I said I haven't seen!! Not it hasn't happened. The initial flow rate when opened is what's interesting and should be noted, get the weight off and what ever is down there will flow unaided
I think that the mention of produced water was a bit sloppy by DW and in fact cost us some ground. Produced FF maybe have been a better option so not to Spook the fly be nighters. Anyway top up as you do. Just disappointed to have to recapture the lost ground. Play on
Don't know about anyone else, but I'm very happy with that rate of WHP decline, in fact I'm surprised it's still that high. No doubt from my experience, get the weight off and she will flow!! How much, we will soon know I'm also surprised we even had this announcement, it was and should have been an expected result if one had done any research. I'm dipping in again
AL is going to be used if the res pressure fails to displace the frac fluid. What I did say is if a well is ticking along at 100 odd bpd and the res pressure is on the decline along with the bpd rate AL is the way to go to curve the chart back up. Have some fun live a little
Hey topofoz As been stated here a zillion times, price will be dependent on 3 critical things, flow rate of icewine and the two 3Ds interpretation. If the well flows at say 80bpd+ it gives you a good insight of what to expect from a horizontal drill, maybe 350 bpd, place it on lift, ESP if the replenish rate is there and you could see up and above 1500- 3000> bpd. Some zones don't need lift and will free flow at reasonable rates but I don't know any oil company that won't take it as quick as it can get it. Obviously all depending on alot of variables, length of drill, how good the frac gets away and so on. X all the by 100 wells and that's why I'm a little excited. So to answer your question, if it flows and we prove we can produce up to 10-20,000 bpd, just look at other companies producing at that rate, their SP range from .50-$1. Prove the rest up and get the big boys over for a play date, and it could be massive.
I'm loving this ride, been in 3 years, freaking out at the moment in regards to what this could become Working in the industry I understand the risk but I also understand the effort that goes into reducing the risk. Feeling alive, let it flow
https://www.nextoilrush.com/drilling-weeks-unlock-world-class-shale-play-months-catalysts-ahead/ Still a great read
That's some impressive THP. Great news that the production tubing is clear. With pervious news about how good the frac got away and knowing exactly what depth to frac from learnings from Ice 1 Get the weight off this puppy and it'll be spewing oil out 200 + bazzas a day