It's not all bad.........22 Dec 2023 17:14
21 December - ''Work has started at Well 805 drilling horizontal side-tracks at a depth of 2,222 meters targeting the dolomite. The G20 rig in use will conduct similar side-tracks in turn at wells 806, 807 and 54.''
31 October - ''Wells 54, 805, 806 & 807 are to be worked over using a G20 rig starting in Q1 2024 at depths of approximately 2,000 meters targeting the previously unexplored Dolomite.''
I was surprised to see Well 805 being worked on this month (already spud - Jan?) as they said work would start Q1 2024 - I was thinking perhaps 2 of these wells would complete next year after a typical CASP late start, but I now think they may complete all 4 wells - one well per quarter? They're drilling the 805 sidetrack horizontally to 2,222m into the unknown Dolomite zone, at what depth are they starting re-drilling from 1,000m?
142 Shallow Well - how far was the none commercial sidetrack from the original 1,400 bopd interval, was the same interval drilled into and also found too much water ingress? Hopefully the other interval currently being drilled is commercial - news January? Then onto spudding Well 155 - interestingly this well is the final MJF shallow well.
A7 Deep Well - I don't think this has started re-drilling yet as it sounds like they are still testing the G70 rig - I originally thought it would take around 5 months to complete the A7 Deep Well using the G50 rig, but the G70 rig is a more powerful rig so perhaps TD will be sooner? Note the A8 Deep Well took way over a year to compete using the G70 rig.
They may not spud the A9 Deep Well next year after the A7 Deep Well (drilling commitments have finished with the 803 Deep Well), but if they do it's expected to widen the parameter of the Airshagyl structure. The CE dosh may be a factor to spud it?
A5 Deep Well - What's happening with it? It was planned to spud mid-November, perhaps they're still waiting for one of the Block 8 rig/ crew?
Understandably there are some doubts about the Block 8 wells flowing as Carver tends to get excited releasing positive news early and would have expect some new if positive by now regardless of regs being signed off.
803 Deep Well - Hopefully no stuck pipes and a summer TD.
So after the 803 Deep Well and Well 155 have completed drilling that will be three structures the Yelemes Deep, Airshagyl and MJF on BNG that will have completed their drilling programmes, though they are going to re-drill the 54, 805, 806 and 807 wells on the South Yelemes I'm not sure if this structure has completed it's drilling programme too - I would guess it has.
Which means they could be up for selling BNG next year having a much better understanding of what they might have re T/O price tag?
Then onto drilling Block 8 deep wells again, unless someone wants to buy the whole shebang?
Just doodling.........