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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture -- Ignore unavailable to you. Want to Upgrade?

To: chummer who wrote (3597)7/21/1999 8:09:00 PM
From: Dave E.  Read Replies (1) | Respond to of 15703
 
Seems to me like everyone is a lot better prepared this time around with resultant lower but still significant risks. 15,000 psi at 3+ miles down is never a sure thing. (Thought I would get my licks in before Grayhairs wakes up!)

In a similar vein I woke from a snooze to dimly hear ELH mentioned on CBC Newsworld at 6:45pm EST with reference to BKP. The analyst wanted to talk more but got cut off by the announcer - out of time.

The horses sure ran today! KOB won by a nose but looks like we'll have lots more races to come!

Dave E



To: chummer who wrote (3597)7/22/1999 12:13:00 AM
From: grayhairs  Respond to of 15703
 
Hello Buffalo Bill,

The short answer is because the gas pressure in the formation exceeded the backpressure exerted by the mud column that was ~17,600 feet.

But we can only speculate why that actually happened. I do not think it will happen again.

Later,
grayhairs


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