NDO 1.23% 80.0¢ nido education limited

production summary, page-18

  1. 85 Posts.
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    Small Fish,

    Fair point, it's not the Nido Management directly who are on the drill floor directing operations. They will have appointed a Well Engineering Consultant who in a much larger company such as WEL would be the Drilling Manager.

    My point is that (without knowing the full ins and outs) of the operation I would have expected:

    1. Operations to have progressed much faster than they did. All of these posters who say 2 weeks delay = no big deal clearly aren't aware of the dayrates involved in offshore operations.

    2. A fundamental issue such as reservoir isolation to have been performed correctly.

    I don't feel that whoever is managing Well Engineering is doing a very good job. I'm sure Nido are paying them a handsome dayrate.

    cheers,

    OM

 
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