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Treasure Island Royalty Trust Message Board

  • stockguru47 stockguru47 Oct 22, 2013 9:41 AM Flag

    Blackbeard West

    According slide 15 of FCX conference call(10:00 am) today, a Miocene production test of Blackbeard West #2 is to be done in 2014 using conventional equipment. Check out their website for the slide--better yet listen to the call.

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    • EXXI mentioned recently that the EXL III rig will come to FCX in December and first be used to complete Davy Jones #2 in early 2014. They then said that the EXL III rig will move on to BBW #2 (SS188) after it is complete with Davy Jones #2. So, I would think sometime in the 2nd Qtr 2014 it will be moving on to BBW #2 assuming all goes well at DJ2 (which has not been the case yet for these UD wells).

      I'm suprised they need to use the high spec EXL III rig for the BBW#2 completion, but I guess they want the extra hook load & pressure safety.

 
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