Spigot of Navarone

[Tree]

Word on the street is ennerOle had commissioned a custom German made spigot and it is en route to PNG. Some say it barely fit into the shipping container. It hits the wharf next Thursday.

What can this mean???

[jft310]

Rig pulled. Ready for spigot.Condensates for dinner drive???Their everywhere.Quote The bottom of T-2 is different then E/A...Who said that when????

[trans]

Tree, could you please put this in layman's language? or is it just a jest....tia trans

[Palm]

Is that our old buddy Tom, Tree? Didn't know he was German or in the O&G business. Last I knew he lived in Florida and worked for Verizon.

Or do you mean "Spigot" as in a piece of production equipment that might be used for something very good?

[Tree]

Trans,
I do not jesr. You must have me confused with Palmtok. HoHoHo. Perhaps a working definition will be handy. I like Ken's conclusions.

spig·ot   [spig-uht] Show IPA
noun
1. a small peg or plug for stopping the vent of a cask.
2. a peg or plug for stopping the passage of liquid in a faucet or cock.
3. a faucet or cock for controlling the flow of liquid from a pipe or the like.
4. the end of a pipe that enters the enlarged end of another pipe to form a joint.

According to the definition, they could just use Sussman instead of going through all the hassle. I kinda like #3.

[Tree]

May need some of these to keep that big azz spigot cooled.

http://www.bigassfans.com/application/industrial/

[Tusker]

Going to need one great big stein.

Guten Tag Herr Tree

Sehen Sie Donnerstag.

Tusk

[ArtM72]

So there is so much condensate down there they can't do a normal DST. Damn! I wanted to hear good DST data next week. Iwonder how much condensate they'll have to drain out of that field to get some good gas.

I suppose news of a spigot is better than hearing they're having to go straight to the expense of building a tank farm. That would really screw up the contract with PRE.

[jft310]

If one has a spigot then there is pressure to rise and the spigot controls the flow.So why would they need a spigot at T-2???Why has the rig been moved??Not rocket science can we agree.

[ArtM72]

Page 18 of the 5/14/12 IOC Presentation (http://www.interoil.com/presentation/201...al.pdf)was in retrospect pretty straightforward:

"Subject to Papua New Guinea DPE approval, a swabbing unit will be mobilized to allow testing
of the lower reservoir interval where wireline logs, shows in sidewall cores, early DST’s
pressure data indicate potential for a moveable light oil/condensate."

So my first question is who makes the determination on how the gas is handled with this condensate?

What an education following this stock is turning out to be. Drip gas. Never heard of such a thing. I suppose there are plenty of people around the world plenty skilled at turning all this information into numbers, but it still is all pretty amazing.

I'm standing in the long line waiting to get on Disney's Space Mountain roller coaster. All these neat little exhibits to look at along the way. The anticipation of the ride itself. The hope that when I finally get to the gate the ride doesn't shut down due to some hiccup. I can see the next train of cars coming in...