RE: Mako 6 depth at 5355, TD July 3 estimatedDrilling rate is a bit faster for the recent period as follows
April 28 @4846m
May 16 @5146m or 300m in 19 days= 16m/day
May 28 @5355m or 209m in 12 days= 17.41m/day
June ? @6000m or 645m in 37 days assume 17.41m/day
TD at July 3 not June 15
Note that this well was started in January, so it takes 6 months
to drill one well. I understand that this is a very deep high temp,
high pressure well and they are watching it closely and going slow.
Still they will need a lot rigs and a lot of wells to prove up reserves. Ulta (Bruners old company) with 7 and 11TCF will drill
160 wells this year.
Long and very excited but there are a lot of wells that need to be drilled and at much faster rates than Mako 1. Lots of challenges
but we have a great team.