Thank you Kiwigeo
I suspect the main "benefit" out of deviated wells is the achievement of horizontal drilling.
I am happy to know that MK-2 is straighter than MK-1, de-risking further the CoS.
Still can't help to think back to MK-1 and wonder if things could have been done differently.
IMO the O&G industry lacks a statistical approach to drilling, especially for wild cat.
I do understand that CoS is already in itself a statistical approach, but surely it is only valid at the moment of starting a drill, and that is if we are not talking about MK-1....lol
There must be other factors/variables that determine a CoS and although it sound simplistic, if that is the best approach to eliminate emotions, why not?
What I am talking about is live data/info, to be inputted on a probabilistic computer model, which maybe is also able to give out alternative solutions, possibly thanks to AI.
- Forums
- ASX - By Stock
- Potential for Mukuyu-1's Results to be Above Market Expectations
Thank you KiwigeoI suspect the main "benefit" out of deviated...
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IVZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.2¢ |
Change
-0.003(4.62%) |
Mkt cap ! $87.91M |
Open | High | Low | Value | Volume |
6.7¢ | 6.7¢ | 6.1¢ | $269.7K | 4.305M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5998 | 6.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.3¢ | 11689 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5998 | 0.062 |
6 | 300263 | 0.061 |
16 | 1970075 | 0.060 |
5 | 813558 | 0.059 |
2 | 38188 | 0.058 |
Price($) | Vol. | No. |
---|---|---|
0.063 | 11689 | 2 |
0.065 | 284129 | 3 |
0.066 | 165000 | 2 |
0.067 | 180926 | 3 |
0.068 | 494634 | 1 |
Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
Featured News
IVZ (ASX) Chart |