I'm surprised that Simon's comments yesterday on Tiof did not get more attention. From yesterdays meeting report-
"Tiof development concept. Expected to be a Tension leg Platform or SPAR with integral drilling capability. Phase 1 to access 40 m barrels from 6 wells @ 50,000 bpd. Possibly linked to FSO for storage."
To clarify, the intention is to have a rig that can both drill and produce, and once one part of a reservoir is depleted can move on to another part. So 40m barrels is just the first phase in a process designed to access different parts of a complex structure.
I didn't have any mention of a timescale for an announcement on this, but it sounded to me as if it was a high probability of being adopted.
- Forums
- ASX - By Stock
- tiof development concept
HDR
hardman resources limited
I'm surprised that Simon's comments yesterday on Tiof did not...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)