InvestorsHub Logo
Followers 11
Posts 1537
Boards Moderated 0
Alias Born 07/12/2005

Re: None

Thursday, 08/17/2006 10:13:35 AM

Thursday, August 17, 2006 10:13:35 AM

Post# of 361914
Below says it was updated 8/1/06. This really doesn't mean anything to me as I don't even understand 1/2 of what it's saying but thought others may find it useful. But from a "layman's" standpoint, it sounds like they are continuing current operations.

"The deep water drill ship Belford Dolphin, after drilling 14 consecutive dry holes since it was hired in November 2003 under Sagar Samriddhi Project was shifted to KG-DWN-98-2 where Trans Ocean’s Discoverer Seven Seas had discovered gas. Well U-1 drilled to depth of 2424 m in 1265 m water depth found gas. The well flowed 6,69,991 cmd of gas through 40/64” choke from interval 2218-2226 m at 2395 psi flowing tubing head pressure during production testing. ONGC had bought 90 % stake in this block from Cairn. The drill ship than drilled W – 1 in the same block to 2670 m in 1283 m water depth and again discovered gas at 2170 m. The well flowed 252765 cubic meters of gas per day through 24/64” choke. The drill ship is now drilling GD-6-1 targeted to drill down to 4024 m in 1035 m water depth."

http://www.petrodril.com/latest.htm