Replies to post #68680 on Koil Energy Solutions Inc. (KLNG)

[JoeSmith]

Nice article from IBD re: Thunder Horse
DPDW was one of the first responders.
http://www.bp.com/genericarticle.do?categoryId=97&contentId=7007458
http://www.rigzone.com/news/article.asp?a_id=23921



Thunder Horse may gallop soon
Filed from Houston 6/13/2008 7:08:51 PM GMT
"Production at Thunder Horse was delayed due to the need for repairs on the subsea manifold. The platform was evacuated after it began to list during the 2005 hurricane season, and equipment was left in a cold state on the sea bed. The subsea equipment was determined to have become brittle and unable to perform under high pressure. BP stated that all subsea components at risk would be retrieved and replaced before production begins."
http://www.energycurrent.com/?id=2&storyid=11217

Thunder Horse gets off to slow trot 7/24/2007
"Following a thorough investigation, we concluded that these unusual circumstances led to hydrogen embrittlement of the equipment so that it could not perform its intended high pressure, high temperature service. We will now retrieve and replace all the subsea components we believe could be at risk, before starting production by the end of 2008."

Deep Down: HDUs Played Major Role in 2007
by Deep Down
Friday, January 11, 2008
"During 2007, the HDUs were used to perform deployment and recovery functions on the following projects:
BP Thunder Horse Steel flying lead, Acoustic Doupler Current Profiler (ADCP), and Riser Monitoring System (RMS)"
http://www.subseaiq.com/News/Articles/200801/Deep_Down_HDUs_Played_Major_Role_in__7971.aspx?AspxAutoDetectCookieSupport=1



#msg-20183721
#msg-25303900
#msg-24629390
http://www.investors.com/editorial/IBDArticles.asp?artsec=23&issue=20080613&rss=1






My posts are my opinions. Always dd to your own comfort level.