11-05-2015, 02:25 PM
Current Drilling Report as of October 31 - - - Depth = 1,950 meters
Previous Drilling Report as of September 30 - - - Depth = 1,940 meters
http://www.oilsearch.com/Media/docs/1510...7eca-0.pdf
So what was the progress??
It seems were able to achieve "barrier integrity in the well at the top of the reservoir" and seemingly drill down an additional 10 meters.
People I know in the industry told me this would have taken a few days in Texas.
Doing it in PNG jungles/mountains is either (in general) more time-consuming, or the folks don't know how to do the job properly.
I hope that all safety issues are now addressed. If that's the case, and they can drill at a rate of about 30 meters per day, they can reach the "planned total depth" in 10-15 days from now.
NOOS, Palm will be a rich son of a gun.
Previous Drilling Report as of September 30 - - - Depth = 1,940 meters
http://www.oilsearch.com/Media/docs/1510...7eca-0.pdf
So what was the progress??
It seems were able to achieve "barrier integrity in the well at the top of the reservoir" and seemingly drill down an additional 10 meters.
People I know in the industry told me this would have taken a few days in Texas.
Doing it in PNG jungles/mountains is either (in general) more time-consuming, or the folks don't know how to do the job properly.
I hope that all safety issues are now addressed. If that's the case, and they can drill at a rate of about 30 meters per day, they can reach the "planned total depth" in 10-15 days from now.
NOOS, Palm will be a rich son of a gun.
Drivel Maven with Personality