RE:RE:RE:RE:RE:197ft at BluefinDirk, I'm an oil & gas generalist. Meaning I know a little bit about a lot and a lot about a little.
While this may mean nothing to most here you can DST in open hole while drilling. Thereby you can't DST a well once the well has been drilled, cased and finished. I assume theortically based on well design, you could come back later and perf and flow test a drlled well. My understanding down in Guyana and in most rank offshore exploration you drill exploratory wells (no DST & no subsequent perf & flow testing) first to gain the necessary data (MDT, LWD, mud/electric logs, fluid samples etc etc) to warrant a determination of future development or not. Then if the exploratory well(s) confirm future development, you drill appraisal wells designed for DST and or perf & flow testing. Then and only then do you drill your producers, injectors, disposals etc.
What Cgx has done is drill two exploratory wells (even though Wei-1 was confusingly termed both exploratory & appraisal). Our two wells should have defined whether future development is warranted.
This is where we stand today. Cgx/Fec has put forth the idea that a future standalone Maastrichtrian development is warranted; the market isn't convinced. In the meantime Exxon is offsetting NC with multiple wells (Bluefin-1, Haimara-2, Hatchetfish-1). Bluefin-1 is the first Stabroek discovery in 2024. While Cgx/Fec messaging may be confusing, Exxon's is not.
All is imo only.