BAOBAB 28,5 days (06/30/13)
I don't think we are in the payzone yet:
In the 1Q13 Results CC from 05/15/2013
Joe Paul stated HRT have already reached 5000m
from this information we can assume 4000 m was drilled in approximately 50 days
that confirms ooleum's estimation of drilling 80m/day in average
As HRT stated:
The Baobab reservoir is expected to be encountered at 3,670 m depth below sea level and
the Murombe reservoir is expected to be encountered at 5,090 m depth below sea level.
Murombe-1 will be drilled to a projected total depth of 5,360 m by the semi-submersible Transocean Marianas (NYSE:RIG).
The total time estimated to complete the operations is approximately 72 days. (in 1,391 m of water depth)
drilling 80m/day in average would take
Baobab (3670m - 1391m)/80m = 28,5 days (06/30/13)
Milton Franke said in the wingat results CC
minute 07:25 CC wingat-results
HRT today after results of Wingat is analysing to adjust our drilling plan for the Murombe well including the casing of the well and the running of production tests to evaluate eventual flow rates and then work on economic model to evaluate the commerciality of the well. (they didn't plan that for wingat)
if there is something worth to test @ Baobab,
and I bet there is, because of the 2 proven oil generating source rocks above Baobab,
I assume about 10 days for testing before continuing the drill to reach Murombe
Murombe (5090m - 1391m)/80m = 46 days + 10 days = 56 days (07/26/13)
if there is something worth to test @ Murombe
I assume about 10 days for testing
total depth, Sivaradi (5360m - 1391m)/80m = 50 days + 20 days = 70 days (08/09/13)
GLA