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AA, as my forfathers would say "we don't think you speek with forked tongue"-- (and you thought I was polish! lol). We ALL need all the help we can get with this one.
John
I can't think of a good reason why SEO would go for a buy in or buy out. SEO is a very smart biz man that has delt for an average of 16 2/3% O R (overiding rolity) in three large blks in the hottest drilling area in the world. We pay no drilling, completion, set up for production or production cost (if I've read it right?) just sit back and drag in the cash for the next 20+ yrs. And by the time these fields go on line oil will more than likely be $100+ per bbl.
Just my thoughts
John
BB, you would have to talk to a geologist on that. IMO it could be the high side of those zones in blk 1 and if blk 2 is lower it's good for us. If it's level and we get gas in those two zones, well, it can sit behind the casing until a LNG plant is set up and be opened at any time. All good for us IMO.
John
Thanks AC, I didn't hear about it til later. I was more than likely running around up in Colorado or down in Florida at that time. Gotta stay home more!!
John
LOLOLOL !!! Good one.
BB, wasn't it him that said something about multi stacked sands, or something like that while they were drilling and then it came out in a PR? Also, CVX/XOM metting with SEC about ERHE and about a week later we get seponia. Too many little things to ignore.
John
Thank you, Mccir.
Yep Maestro, I know that. We have them on most land rigs now days but it would be on a secure line going only to the company.
One more question. Does CVX have their own mud loggers or do they hire an independant company to handle it, as we do?
John
Question for the board.
Who really knows what they are drilling (if it is a pay zone, water zone, gas zone or oil zone) on a rig?
#1 Mud loggers. They catch the samples, monitor gas (connection gas, gas kicks, ect) counting the bubbles, so to speak, monitor pit volume (increase should be gas bubble comming up, decrease will be zone taking mud) and assist # 2 On site geologist who reports to #3 Head geologist and #4 Company man on the rig. The rig hands may have a pretty good idea but they're not looking at the samples.
So, if the company can keep the Geos & Mud loggers quiet, they can contain any info on any well.
Am I thinking right here? As I know nothing about drill ships.
TIA
John
Maybe Oilphant can tell us!
Posted by: oilphant
In reply to: None Date:6/17/2006 11:25:03 PM
Post #of 63025
cvx\xom met late yesterday with SEC over ERHC
cvx\xom to petition to have erhc block awards nullified
Kobi, I'm sure not talking about all of us pestering our lawyers or the court. I was talking about one shareholder calling one laywer and letting him/her know that there is hundreds of shareholders willing to help in anyway we can.
Just a thought.
John
Has anyone talked to our (ERHC) lawyers to see if there is anything the stockholders could do to help IF the court drags this thing out too long? They'll more than likely tell us to keep our mouth shut and let them handle it, but you never know til you ask.
John
Just back from Florida vacation.
What's up with the share price today? Good up day!
Maybe the short sellers that took us down are having to cover their azz????
John
Yes, I know what you're saying, in fact go back to my first post on I-Hub. I read the ERHC board for a long time before having to open my big mouth about Oilphant. IMO we'll see a lot more of his info come true in the next yr or two.
John
Instruct, looks as though several of Oilphants riddles and post are comming true. I've had a "gut feeling" about that lad all along. Hope it isn't gas! LOL.
John
Thanks Crazy. I've been in and around the patch all my life and never heard of a drilling forman. Tool Pushers, Drilling Superintendent, Assintant Superintendent, ect, never a forman. Just goes to sho you never get too old to learn and never have it all knowed up. LOL.
John
Maestro, I'm a little late catching up today, but could you tell me what "A drilling foreman" does? What is his job? TIA.
John
Fact? or IYHO?
TIA
John
OT, Magic, are you still in AMT? I bailed too quick, as usual!
John
LOL, can I have two picks?
JDZ078 or just west of JDZ054 next to Blk 4. If I only get one, I'll take the last.
John
YES!!!
Maybe right where A 1 and A 2 overlap???
John
That looks better, more realistic to me anyway.
Now where would # 2 be? Oilphant said 3 km S W of #1. May want to put a ? on that one. lol. I guess it's all just a guess anyway.
I don't really know why, but I think Oilphant knows what he's talking about and the rest of us know what CVX wants us to think. JMO.
Question for you oil folks, WHO counts the bubbles, conection gas, kicks, ect ? Just a thought.
John
Pup thanks, I didn't know that.
How do they plug them? Do they plug them where they can get back in without much trouble, I guess is what I'm asking?
TIA
John
Board,
Where did this "Dry Hole" bull come from?
Ask yourselfs WHY they set pipe on Obo-1.
IF it had been a marginal well, they would have P&A'd it and moved on. I've done it and so has everyone else. It makes no sence to throw good money at a "might be"
IMO nothing has changed, we're sitting on something big.
Back in a week, off to Colorado Springs.
John
Thanks Spec,
but Chevron
consideres it premature to anounce whether the discoveries are commercial.
Not going to tell us much.
Is "discoveries" more than one?
John
Who told us about oil in OBO 1 first?
Until proven wrong, I'll beleave what the man says. Maybe I trust folks too much. I don't know.
John
Oilphant,
Surface set on O--3 yet??
OT, A win win situation. Dig a moat the length of the Mexican border, take the dirt and raise the levies in New Orleans and put the Florida alligators in the moat. Any other problems you would like for me to solve? lol.
Yes, if they are completing these wells with the drill ship, I can see that. Are they floing these wells up the drill pipe in an uncased hole or up the casing?
TIA
John
BTW, we used a pit in the GOM when I was there but we were lucky to have a few hundred ft in DP. Platform rig.
Posted by Booneee On RB. Good read!
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By: Booneee
24 May 2006, 03:01 PM EDT
Msg. 98064 of 98064
Jump to msg. #
OBO-1 and OBO-2 seem similar to Agbami field in performance
http://www.offshore-technology.com/projects/agbami/
Red, sorry I missed your post in posting myself.
The PSI will be the same no matter the size of pipe and these pressures are very good IMO. Just wish these holes were in our blks but they're close enough that we should be about the same. I hope!!
John
Don't know but it could be wellhead IF they peforate and complete these wells (with the drill ship) after setting casing.
I work on land. After we drill and set pipe, we move the drilling rig out and move in a worhover rig to complete.
John
I assume these pressures are from a DST. The standing oil in the pipe (after all gas is vented off) will add appx .4 lb per ft. Salt water in the pipe (if any) will add appx .5 lb per ft.
Nothing to do with depth of sea water.
Pup or someone else could explain this better.
John
With that kind of well head pressure and the kind of flo rate he is talking those wells will flo a lot of oil for a lot of yrs. Let me think about this for a while.
John
WOW !!!! Thanks
Dbernet, I was just popping off (old habit I'm trying to break) Pup knows better. He's a very sharp man and was probably thinking of a well flo test or something like that.
Anyway, IMO the DWD drilled the obo 1 then drilled a well for XOM, (think I saw that in the DWD schedule) then came back and drilled obo 2 that was finished a few days ago. I still think they would run a DST on each pay zone and most big companies want to core each zone either with a core barrel on drill pipe or wall core on a wire line unit.
They could have run the DST 15 min open 30 min shut in and another 15 open under a very small choke which would give them pressure, flo rate, water, oil, gas or % of each and all could be held in one mud pit. Like Pup said, you don't throw a well wide open unless you want to ruin it.
John
Yes, and isn't he the one that said a standard drill stem test takes 30 days?? Hummmmm!
John