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Politics : High Tolerance Plasticity

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To: energyplay who wrote (439)	2/27/2001 8:17:53 AM
From: BCherry168	Read Replies (1) of 23153

Energyplay; Re drill time to 5400 ft. I think you have it at about double what it actually is for drilling time, but if you include the time it takes to complete the well and get it on stream, it will take a lot longer. There are so many variables, it is very difficult to come up with an accurate number. Availability of rigs and other equipment, and serious shortages of qualified personnel creates lots of problems. I can remember at the peak of the last boom, we had to wait several months for a drilling rig, then several months for a completion unit, and if we needed electricity, we might have to wait a long time for that. Bottomline: my WAG is that we are not going to get enough new gas on line this year to avoid a pretty good shortage next winter, barring a real warm winter and a real cool summer. We will see.

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