Member Info for waveygravey538

Key Time Factors for 3,500m Wells

Offshore Exploration (approx. 3,500m): Generally takes 60 to 90 days to drill, with some specific, efficient operations taking around 30 days.

Onshore/Development Drilling: Can be faster than offshore, but deep, complex wells still take several weeks to a few months to reach target depth.

Total Project Time: From site preparation to final completion (making the well ready for production), the process can range from 1 to 3 months or more.

Factors Affecting Drilling Speed

Location: Offshore wells in deeper water require significantly more time for rig positioning and subsea operations.

Well Complexity: Vertical wells are generally faster than complex directional or horizontal wells.

Geology: Drilling through hard rock or complex, pressurized formations can significantly slow progress.

Yes, oil and gas naturally seep through the ground and seafloor in Greenland, with recent studies confirming widespread natural seepage and gas hydrates in areas like Northeast Greenland and Disko Island, indicating active hydrocarbon systems with oil/gas migrating from deep reservoirs to the surface. These seepages are significant for climate and ecological research, as they release hydrocarbons and affect local ocean chemistry, with potential for increased release as the Arctic warms.

Evidence of Seepage:

Onshore (West Greenland): Widespread oil seepage and staining are found in volcanic rocks on Disko and Nuussuaq, linked to underlying Cretaceous and Paleocene sediments

I take it the rns is not good news then???

Who needs t.v. when you can watch LITT and RachT2 sparring all day,yes i have sold up for now and will buy back in on more positive news as i believe 80 mile will strike oil at some point in the future and will rocket but for now these 2 clowns keep me amused!!!

What date does quarter 2 start please???

The rocket boosters are kicking in now!!!!

I will when theres news imminent!!

Imminent means happening soon!!!i wouldnt call 3 to 4 weeks soon!!!!

Which could be 3 to 4 weeks away!!!

It could shoot up to 15,im sure it wont have a effect here!!!yet

Early feb could be anything up to the 15th feb!!im not expecting any miracles until then!!!

So early feb now folks going by chirpycheeps post!!

Apollo 9,we are ready for take off!!!!

Maybe theres a light at the end of the tunnel at long last!!!

Strong finish today!!not the normal drop when the day traders p**s off at the end of the day!!looking forward to a good day tomorrow!!!

I said there would be fun and games when RachT2 and LITT start interacting!!!does anyone think these 2 have lives as all they seem to do is post essay long posts ramping and de ramping this share,i dont know if anyone reads the crap they post as i only gto the first line and you know its going to be the same old,same old same again!!!

Looks like the rocket boosters have kicked in!!!!!

Good luck if you are stupid enough to invest here!!

Goodbye to all on the litt chat board,ill be back on monday morning,have a great weekend 80 milers!!!!

Booster rockets are getting fuelled up!!!