Post by
Proselenes on Mar 05, 2021 8:51pm
Extended production test (nice at 70$ a barrel)
Extended production tests are quite often used to grab some production while you dont have a production license. License terms often allow for "temporary production and sale while testing".
At 70$ a barrel perhaps Chinook is going to be on a long term production test for a long time..........produce the oil and truck it away for sale at very high oil prices :)
Begs the question whether they will return Chinook back to "extended oil production testing" after doing the gas flow testing.............. I am sure if they can, they may do that............ money to be made from production oil at these nice prices.
Anyway, all oil produced at Chinook during this "testing" is a ncie cash bonus :)
Comment by
Wildcattter on Mar 07, 2021 4:22pm
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