RE: RE:: Expectations..diminishing..19 Feb 2018 09:22
we know that they plan to use the BOP at z21 - this is not due to arrive until march 16th. Z28 will not be continued until z21 is complete. They are targetting april for z21 to complete. Assuming the kit arrives on time, clears customs, is checked and deployed, then we are still probably looking at late april at the earliest. Then may/june for z28.
If they manage to get both wells up and running, it will be after July before any production hits the sales figures. Probably August/september for z28.
We can expect the sp to be low for sometime now, unless they come out with some workover news on other wells, or ESP uplift rates.
They have lost wells that generated significant production - is that incompetence or they wouldn't flow after intervention, have the wells that the returned to production, such as M66, been the ones keeping production at the same levels and other wells falling off.
lots of questions as usual.
Barring the unexpected, there isn't much to look forward to in the short run - end april/may for something substantial - hopefully.
Andrea said that any change to the 1000bopd timeline would be rns'd, true to his word on that.