(03-13-2014, 08:33 PM)jft310 Wrote:One rig can't drill 4 wells in 12-15 months.
It normally takes OSH around 3 months to do the actually drilling of a well. Should be about the same for other companies in the Highlands.
How long it takes to knock down, reposition, rebuild before a well starts to be drilled depends very much on where and the distances between the drill sites.
One rig may be enough (very tight schedule with nothing going wrong), but we will have to wait and see.