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New Rig - How Much Faster will it Drill ? - Printable Version +- ShareholdersUnite Forums (http://shareholdersunite.com/mybb) +-- Forum: Companies (http://shareholdersunite.com/mybb/forumdisplay.php?fid=1) +--- Forum: InterOil Forum (http://shareholdersunite.com/mybb/forumdisplay.php?fid=4) +--- Thread: New Rig - How Much Faster will it Drill ? (/showthread.php?tid=2078) |
New Rig - How Much Faster will it Drill ? - johnwgrant - 11-21-2012 This is a "pretty-please" request to those in the know about drilling rigs. When InterOil finally spuds Elk-3 (Nov 30?), what kind of speed can we expect from the "new" 1,500hp "triple" rig vs the rig currently drilling Ant-3 ? I'm looking for a "factor" kind of answer... IE, if the current rig can drill an 8,000 ft well in 3 or 4 months, the "new" rig could drill the same well in ??? months. Thanks for your input. PS: I am extremely puzzled/perplexed by the price action of the stock -- but, I am appreciative for all the information shared on this board.
RE: New Rig - How Much Faster will it Drill ? - trans - 11-21-2012 The rigs we've been using , if you look back, drill about 107 ft per day, imo, with stoppages to lay casing.... |