SSN 0.00% 1.5¢ samson oil & gas limited

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  1. Osi
    16,777 Posts.
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    It's all about cost, time and the environment ... the latter being particularly important to our FP partners.

    Operating 4 wells from a single pad in itself drops drilling cost by about 10% according to Continental resources. Putting a lift and roll rig on the pad [ I guess a bit like a land based jack-up-rig ] means that significant time and money is not wasted rigging down then up again for consecutive wells on the pad. I don't have savings number on the skiddable rig.

    cheers



 
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