SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: grayhairs who wrote (12933)12/2/2000 8:45:39 AM
From: Bearcatbob  Read Replies (1) of 15703
 
GH,

I am taking the liberty to repost portions of your WAG projection of the BKP2 production schedule. My purpose is to look at where we are and to assess the time table for relief from my ELHFS!

My current understanding is that at No. 2 we are working with LCM materials. If I remember correctly we wound up with a flex plug at No. 1 to get through this zone and that it took forever. With what looks like a "big kick" do you see this step being critical to our schedule - ie is it the step that is most difficult to predict?

Also, I would appreciate any thoughts you may have as to the sequence of future events at BKP3. My suspicion is that if BKP3 proves "lively" we may have a long haul.

So here is an extract from your WAG schedule(reference post 12933) - note the use of $ signs to separate:

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
With the foregoing in mind, let's prepare a very rough yet aggressive schedule for first production from BKP#2:

Nov 30 -------- Circulate gas kicks and get mud\well under control.
Dec 1-10 ------ Deepen the well through 2nd Carneros, run final log suite, collect side wall cores, run RFT, land and cement 4-1/2" liner.
Dec 11-Jan 20 - Obtain completion approval from state authority, design\fabricate\procure tubing conveyed perforating gun, Xmas, complete well (clean out cement to TD, run correlation logs, land perforating gun, production packer, tubulars, install wellhead, etc.), and perforate.
Jan 21-27 ----- Flow test well.
Jan 28-Feb 10 - Monitor bottomhole reservoir pressure after shut in and retrieve pressure recorders.
Feb 10-20 ----- Analyze flow data.
Feb 21-28 ----- Finalize facility design and obtain JV approval.
Mar 1-May 15 -- Permitting, surveying, pipelining, lease preparation, footings and foundations, preliminary construction, and procurement of long lead items.
May 15-31 ----- Final construction and assembly, commissioning and testing.
June 1 -------- First production.

Bob, the above schedule is just my WAG. It totally ignores both Murphy's Law and the now famous RO3 !!!! It will certainly be inaccurate in many aspects !!!! But, hopefully it will help others realize that early January production from BKP#2 is not too realistic. Analysts and shareholders that project\expect cash flow from this well before June-July, 2001 will surely be disappointed. JMHOBWDIK.

Have a good one.

Later,
grayhairs
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext