STX 0.00% 19.5¢ strike energy limited

Ann: West Erregulla Update, page-20

  1. 22 Posts.
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    Wellhead seals failing pressure tests is not uncommon and 99% of the time, spare seals or in this case, a 'back up' slip and seal assembly would normally be on location. The non productive time would be in the order of a few hours.

    By not having a spare slip and seal (either purchased outright or even on 'rental') on location and having to wait seven days will likely cost the project 7 days x the spread rate.


 
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