Recent

% | $
Quotes you view appear here for quick access.

Cobalt International Energy, Inc. Message Board

xxnjr 2 posts  |  Last Activity: Feb 18, 2015 8:13 PM Member since: Aug 3, 2012
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • xxnjr xxnjr Feb 18, 2015 8:13 PM Flag

    Oh, here we are, have a look at the graphic on p12 of the ops report. The red star on WR52 was the initial discovery well. The red circle on WR51 was the first appraisal with 1000ft net oil pay. The red circle on WR52 is the most recent well. It's "successful" but it's all blue there. Blue is water. The blue/light green interface is where they now project the oil water contact to be. The dark green is the area proven up by first 2 wells. The light green area is the upside arising from projected OWC. The blue triangle location of 4th well, with a result probably in Q1/16. Hope that makes sense.

  • xxnjr xxnjr Feb 18, 2015 7:44 PM Flag

    I wish! but you've misinterpreted what Anadarko are saying. They found a 1434 ft column of water wet sands. No oil at all. However from the pressure data from this and two previous wells, they've been able to project how far updip the OWC is from the last well. Shenandoah now looking smaller than previously thought. Conoco expensed this well don't forget. Anadarko slightly more positive but we will just have to wait and see what kind of resource numbers APC eventually give for Shenandoah.

CIE
10.54-0.16(-1.50%)May 1 4:04 PMEDT