RE: 90% CoS for LPt-02 is a BB Myth15 Sep 2019 14:05
page 45 of AGR report dated November 2017. Extract below.
In order to navigate the wells and maximise stand-off from the OWC, geo-steering will be required within the 8-1/2” reservoir hole section where ROP will need to be secondary in order to meet this well objective. The possibility of drilling a pilot well was considered by i3 and their 3rd party advisors early in the drilling planning phase. Together with Petrofac, i3’s Well Management contractor, and Baker Hughes, i3’s Oilfield Services supplier, i3 concluded that including AziTrak and ViziTrak in the LWD suite will negate the need for a pilot well. In AGR’s view a pilot hole to fully optimise the well trajectory should still be considered in the well execution phase as formational top uncertainties become realised. Contingency planning should be in-place in order to mitigate this well risk