They just halted trading again ……. WTF?
The question on my mind is if Katie is going to ask Paul how big it is tonight?
If she asked me, I would show her.
Would you?
Is AIM a total scam, or does the book represent the actual bids and asks from the market participants.
I just don’t understand how there can be no stock for sale anywhere on the asks side of the book. Please explain.
What does the level 2 look like?
Why are the stopping the trade? Anyone have better price info than this forum or the other forum? Seems to be somewhat inaccurate and late at times here and there.
Flows ……. Not lows
Same testing equipment as Cascadura because they expect high pressures and lows. This kit is not necessarily an “offshore” spread, it’s just the largest spec’ed testing setup on the island, and it can be used both on and offshore.
Been waiting years for this to happen, but it’s still sinking in a bit. Likely life changing round 2 for me.
A lot of us that post are sitting on huge paper profits as well. Multi baggers deluxe. Looking for more bags.
The formation that was damaged can still clean itself up during production, and so, the production has the possibility to rise from where it was tested. Thy didn’t perforate a long section, so they could perforate and get more flow in this zone as well.
It already is the biggest, but only for a little while. Royston is a much bigger Beast.
There are certain points that are better suited for tie in to the pipeline. It’s not a matter of just taking the ruler to the map and picking the shortest route. But you would take the shortest route to a suitable point. If they were equal distance, you would choose to tie into something that does not involve hookup to the main line, which would causes production stops if there is not already a tie in valve installed.
Some people confuse Cascadura wih Coho I think. Coho is the smallest well and first pipeline. Cascadura is two massive wells and the huge second pipeline. Coho should be in this year and on production, and Cascadura in and producing during 2022.
Our gas is competitively priced, and with that, the plants can compete on the world stage for the next 25 years, and therefore we will not become a stuck asset. I’ll take that over the spot and no buyer tomorrow any day of the week.
Is nobody drilling offshore in Trinidad and might be first in line for testing spread? You know, like last time?
The rig itself doesn’t handle the presssure, the mud does, and evt. the BOP in the case of kicks preventing blowout. Mud pumps have to be able to circulate the mud of higher densities and friction.
Pressure can affect wellbore stability, and also cause you problems with kicking, sticking, collapse, etc. The rigs turning power (moment) and pulling power can help get you out of situations. Top drives help to prevent certain issues with drill string.
Stop making stuff up about rigs vs. pressure. Go google and read a bit.
Don’t play the lottery personally, but with free tickets I’ll play all day long, every day.
So many bags around here, we need another bag to store them all in …..
I mentioned Petrotal for the horizontal wells on land, but it’s kind of like a rig, since they are doing everything from one place. It makes sense for them, but it does cost a bit for the benefit. I didn’t mean it was a parallel to TXP, just what can be done. The water reducing passive inflow valves are very neat if you read about them. Petrotal is also a god example of how it can be commercial to produce something even though there massive amounts of water.
Petrotal is however very cheaply priced compared to production and very attractive like TXP, but I am completely out after locals have shut everything down twice for months and the government does not absolutely come in and crush them. Try that in Norway or the UK, or the US, swat teams would be blasting heads.
I don’t know how much trouble TXP will have establishing new pads, seems we have drilled a lot off of old pads in Ortoire up to now, and I believe new pads are not an issue in Trinidad, but if they ever were to be, we could drill some horizontals, they just cost a bit more.
XM is a very accomplished geologist, and very happy to have on the team for his knowledge and also that he likes to share info with us.
I’ll take another 10 bagger. I’m not sure what I would do with that much money, but I’d figure it out.
But anyways, I’m not here to teach you anything Scott22, but I will take the liberty to correct things you post that are blatantly false with an explanation as to why, so others don’t get confused. The more you know, the more you know you don’t know.
It’s not a competition, it’s about getting rich from applying what you do know to investment decisions. This is why I went heavy on TXP a few years ago, and I’ve already had the life changing profit many others are waiting and hoping for.
Definitely not the smartest guy I know, but I do own part of a company together with the smartest guys I know, so that must not make me not so stupid? We deliver services to major oil companies, and that combined with personally working in and oil and gas for my entire life, and almost every male I know works in various parts of oil and gas, I happen to have a lot more exposure to oil and gas. My ex-wife was also a petroleum engineer, and worked on some of the craziest rigs in the world. She also worked with horizontal drilling as a student, back when it was a relatively new thing. Her brother was a directional driller (extremely high paying job if you’re good at it).