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Re: oldoil post# 6455

Wednesday, 09/30/2015 9:17:57 PM

Wednesday, September 30, 2015 9:17:57 PM

Post# of 18778
Spud by 3/31 by any reasonable definition. Not by the end of the year. I'd love to be wrong on this and I hope you're right though!

"DEFINITION of 'Spud'

In the oil and gas industry, the process of beginning to drill a well. Initially a larger drill bit is used to drill a surface hole, which is lined with casing and cement to protect groundwater. After the surface hole is completed, the main drill bit is inserted and the well is drilled to the total depth."



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