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Re: petemantx post# 237324

Sunday, 03/13/2011 4:17:40 PM

Sunday, March 13, 2011 4:17:40 PM

Post# of 361695
AKPO was originally started with test wells in 2000. In 2005 they ordered the FSPO and developed the plan to get where they are today. So they spent at least four years figuring out how they were going to develop the field, another five years were necessary to get to production. they had two drill ships working on 42, maybe down to 41 production and injection wells from 2009 to 2010. I think they are now, in 2011 at planned production.
What we have going for us is that the high pressure and tempature reported about the JDZ is the same as AKPO, and Egina & Egina South. Total has done this before and is doing it now next to block 2 in the JDZ. Total is the operator in block one. They have infastructure at AKPO and being extended to Egina. It makes sense for them to buy into development of the JDZ. It just may take some time to make all the agreements necessary, AKPO is CNOOC not SNP and currently Total dosen't own any of block 2, 3 & 4. Lots of deals to work out.
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