BPT 2.52% $1.43 beach energy limited

oil strike, page-23

  1. 3,465 Posts.
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    Excellent questions. Hopefully this answers them:

    "SUSPENDED WELL
    A well, usually a successful discovery well which is left temporarily sealed or plugged to be re-entered for further testing or for production purposes."

    A separate team will be dispatched to hook up the production wellhead and Christmas Tree. If the BPT JV does not have one in stock, then it has to be ordered (ususally from overseas) and then installed. This obviously takes some time.

    "PRODUCTION WELLHEAD AND TREE
    The assembly of casing head, tubing head, connections and well-control valves fitted to a producing well. The 'Christmas Tree' is the name given the complete assembly of valves, connecting flanges etc."

    If you are wondering, these definitions came from the Arc Energy's webpage (look for Glossary at the top of the home page and click) or click on the following link

    http://www.arcenergy.com.au/general/glossary.php.

    Cheers



 
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