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[probabilityofsuccess] 21/2/2023 19:15

Truant - if you are predicting that, why not close your short now (at profit) buy some and then sell (at profit) and then short again (at profit, if your prediction is correct). For a trader it seems odd to make a trading prediction and then hold a position in the opposite direction, does it not? Why not join ‘the suckers’ (your words), make some money on the upside and then sell? It suggests a lack of conviction imho but grateful if you could share your logic please?

[kaos3] 21/2/2023 19:03

wow - appreciate as always sp93....
short and concise and to the point ... had to reread it several times - so much useful and simple info on a complicated topic....to comprehend it to its fullest
a whole book on a page...
one has to know and has the ability to write it in this superb manner - so even characters like me can get it

hope you are reading my recent links on the north slope / for a starter/ - very telling and explains lots to me ... if you dig further

ps - recent futurebiogas deal price with i3 was a huge surprise to me ... all that CO2 hype , disposal etc ... worth looking at the reality - if interested

[truant2tb1] 21/2/2023 18:43

The webinar is the prelude to the final pre placing pump... carefully selected EXTRACTS from another paid for "independent" reportThe suckers will wolf it down. The shorts will sell a bit moreRoll on mid March

[spangle93] 21/2/2023 18:24

Rabito - don't underestimate hpcg's abilities

kaos - as I learned this morning, this board has no truck with spoon feeding the ignorant or questioning! ;-) But once again, you ask a smart question under the guise of being the village clown ;-)


The main difference is that mud is used when drilling, and completion / suspension fluids are used once the well is secured with casing (i.e. the hole can't collapse in. But that's a well stage distinction, rather than a chemical one.

The other distinction is that other than top hole sections, drilling muds often require a solids component, typically barite particles, to add density, so that the hydrostatic head pressure is greater than the rock pressure trying to force the collapse of wellbore walls, and/or high pressure rock fluid well ingress. In permeable formations, the solids are left behind as a filtrate "cake" on the borehole walls, stopping further fluid loss. You may also have loss circulation material, gels, especially if a formation is fractured and you need to mitigate large losses of fluids.

In adverse circumstances (cf tight formations, CASP) these solids can plug up the pores or perforations, causing an effect known as "skin". Many people, let's call them ngms, refer to skin quite often, and there's no doubt it's a valid explanation for poor delivery of some wells, though when you've stuffed in multiple fractures as at Alkaid, this should be negligible.

So while you might have thought post 31860 was pedantic, it was intended as a way to remove one potential deramp source, i.e. that circulating "mud" to clear out sand or suspend the well could somehow damage it.

The best way to suspend a hydrocarbon well temporarily, with tubing in place, is through two physical barriers- a retrievable one in the tubing and the wellhead choke, leaving live well fluids below. However, that's not an option here, because they needed to pull the tubing.

The solution is a completion brine - an area rabito will know far more of than I do. The difference to a mud is that it does not contain any solids component. With a few viscosifiers lobbed in, it should be able to transport sand, as well as maintain well control for tubing workovers, without damage to the formation.

[neo26] 21/2/2023 18:13

Webinar 20th march, so they want the check the flow rates till then at least.

[hpcg] 21/2/2023 18:01

Mike - there is not a single interested person that did not 1, 2 and 3 would happen.

[mlf51] 21/2/2023 17:56

But not as rich as you'll be tomorrow. Tick tock.

[echoridge] 21/2/2023 17:27

The fixing price was a 1/2p ABOVE the price going into the 4.30 close on very decent volume of 1/4million, you hopeless moron. Do you even know what 'nice' is?

[thebull8] 21/2/2023 17:17

Why is it nice? Do you even know what an auction is?

[forwood] 21/2/2023 17:17

I'm richer than yesterday!

[hiddendepths] 21/2/2023 17:00

Nice auction!

[thebull8] 21/2/2023 16:44

If TA worked, everybody would be rich

[kaos3] 21/2/2023 16:41

what are different definitions of mud ....

my water well had to clear up lots of mud first

2 weeks of mud first lol

[hiddendepths] 21/2/2023 15:31

Most on here think they could do a better job themselves!

[spangle93] 21/2/2023 15:25

Most on here don't run well operations... ;-)

[luckyswimmer3] 21/2/2023 15:04

That graph from helpful seems to have nicely timed the bounce off the base line, already at 53p and rising, should reach 63p with no news.

[michaelsadvfn] 21/2/2023 15:01

Most on here would...

[spangle93] 21/2/2023 14:47

You wouldn't suspend with mud a well that had flowed.