Nothing but admiration.
They learn fast, always proactive and do not do under achievement ,
Thier tech is up there with western drillers....just s little hard to understand it at times..
Only flaw is coms can be trying , however I have a Chinese CNPC member in my team who assists me with all that.
We started turnkey wells in Rumaila at 55 day duration 8 years go , Chinese got those down to mid 20s consistently..
Rig moves as well, just happen with maximum efficiency...
Clarification on my comments on Santa Cruz :
My comments on potential payment scenario of $2 per barrel over increment base rate is per day not a one of payment.
What ever the incremental figure increase is agreed by the 2 companies Melbana in the above scenario May would receive payment per barrel per day .... so my scenario based on 15 k base and $ 2 to be paid on increment when it reached 20k would mean 5k barrels @ $2 per day = $10k per day ...for being the field production advisor ...IMO that business model should have no costs for MAY to actually spend anything on Capex or Opex as they are advising / consulting.
Figures above could be high ,could be low...some similar agreements I know of in Iraq have $3-4 per barrel , some have $2 ...
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