RE:RE:RE:RE:RE:government has aproved Wei1 well as appraisal/Exploration
waitingstill wrote: I believe they reported on the secondary targets because they had the wireline completed and the pay was confirmed. I do not believe they had completed wireline on the primary target so it was not reported so they would not have to make any corrections or put themselves at risk of misleading investors. I believe they will report the primary target pay once wireline complete. If so, I expect a NR this week with that information. Why the company would not wait for those few days and report them together is something you would have to ask Suresh but my guess is that they wanted to confirm reaching TD before the govt released that news to the newspapers and therefore had to provide whatever complete data they had at that time. Hopefully we see good numbers this week!
Well logging has come a long way from reading black and white squiggly lines. Today well logging interpretation is done super quick (IE real time) as data collected are being processed by onboard fast computer. On an expensive well like Wei-1, nothing leave to chance or by pencil and ruler interpretation, especially stacked limestone/shale of Santonian where digital processing can count every mm and cm from the gross pay. Since logging is done from bottom to top, in this case, the primary zone result suppose to come in first before the upper secondary zone.
Here is an example of a stock image of well log from a oil well.
