|Sun 09:22||harrissen||update 15/10/2014
"Once the drilling fluids used have been fully cleaned out from the well and, if required, new equipment has been installed further pressure tests will be conducted to assess the integrity of the casing. We will then commence the 30 day flow test."
The big enemy here is high pressure it doesn't matter a damn how much oil is there if they cannot control the pressure the oil... read more...|
|16 Oct 2014||bullinachinashop3||identical drop over at EME, its the price of POO and wider market, anything is getting clobbered right now. read more...|
|16 Oct 2014||ngms27||It's back to single figures due to the macro economic news including the fall in the POO and Ebola, NOT anything in the last RNS read more...|
|16 Oct 2014||ngms27||There is likely a basis of truth in the letter. It is not uncommon for wells to flow oil to the surface prior to stimulation. The idea of the stimulation is to maximise what can be achieved by cleaning up the well so give ideas of what could be achieved if the well were to be put on production.
For example you could get 10 bopd pre stimulation and 2000 bopd post stimulation. Obviously 10 bopd... read more...|
|15 Oct 2014||pendragon2||The curates egg element is clear, the shallow news wasn't good, but they were trying to estblish the boundaries of the field, so not unexpected.
A5 is still under test, so more a matter of waiting at a time when people are pushing the market down generally.
As to pressure issues, presumably if pressures (say gas) are high at some point above the oil bearing rock, then it will block flows... read more...|
|15 Oct 2014||ngms27||Casing is always tested for integrity prior to testing, standard procedure. You don't want the oil running up the outside of the casing.
If the casing is compromised they will likely perform a squeeze job and try again. read more...|