Replies to post #163944 on ERHC Energy Inc (ERHE)

[Tapco1]

Tam Tam - To spud comes from the Middle English word, "spudde" meaning a short knife. In oil drilling "spudding" means the very start of drilling on a new well. The American Petroleum Institute offers the following definitions using the word spud:

Spud Date
The day when the drilling bit penetrates the surface utilizing a drilling rig capable of drilling the well to the authorized total depth.

Spud Time
The actual time (hours and minutes) when the drilling bit penetrates the surface utilizing a drilling rig capable of drilling the well to the authorized depth.

Spudding In
The very beginning of drilling operations of a new well.

JMHO

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