key programs
Mayupa 3
First Project
Key Post-Mortem Takeaway Points
- Client (PetroSeismic) has spoken highly of the utilization and performance of the drills in the field
- Proper scouting ahead of any drilling will need to be done before commencing
- Drilling production will be limited to Social Challenges on EACH future job — they may differ
- Fair estimate for potential production could reach twenty (20) to twenty five (25) holes per day per drill
- Fast starts in the morning are key — providing drill team with own vehicle is a must
- Includes securing a trailer too
- Looking to purchase own drilling water pumps for rigs — will be more efficient and reliable
- Staging location needs to be closer to where the crew is operating — could cause security problems for the rigs and equipment
- Better planning needed for powder distribution — could be a way they limit production?
- How can we ensure there is enough water for drilling when needed? Another way to purposely limit production?
Path Forward – Key Assumptions
- What are the prospects for drilling going forward? Backlog?
- What affect will weather have on our forecast?
- What are the chances of securing 50% of the large job that is out there?
- What are the plans for going forward in regards to the TIB?
- Need to increase price per hole ($135 – $150 per hole — up from $65)
- Do we increase capacity of drill rigs in-country? If so, how many?
- Do we hire a full time, local manager for overall operations?
REPELON 2D
Canacol
Terrain Overview:
I have separated this program in to 3 different sections.
1) Low level area/flat land.
2) Intermediate/foot hills.
3) Steep terrain/excessive grade.
- Low level areas are currently too wet for efficient production to take place. This will require time for the water to recede for drilling to be productive. Approximately 25% of the program is of this type of terrain.
- Foot hills are located where the low level areas transition from East to West just before the
steep terrain begins, and primarily the Western part of the program. Approximately 25% of the
program. - Steep area is the section of the program in the middle, predominantly extending from North to
South covering approximately 50% of the program.
REDOBLANTE 3DSNARE DRUM
Canacol
Terrain Overview:
I have separated this program in to 4 different sections.1) low level areas.
2) Intermediate foot hills.
3) steep terrain with excessive grade.
4) Vibroseis areas.
- Low level areas are approximately 10% of the program.
- Foot hills are approximately 45% of the program.
- Steep area is approximately 15% of the program.
- Vibroseis area is approximately 30% of the program.
Flamenco 3D
Ecopetrol
WeWe are still drilling. We have a total of 6 equipment
SSJN-2D
Hocol
Still pending for drilling
Cannong Energy
10 reasons why
1- Nimble, Low-Impact seismic (LIS) drills
2- Only five (5′) feet wide
3- No wheels / utilizes rubber tracks
4- Designed to crawl up steep inclines thru all terrain
5- Drills DO NOT require an additional compressor source to operate drills
6- Fully contained compressor and drill engine
7- Dilling operations require LIMITED personnel
8- Key drillers (two units) trained Ex-parts from US
9- Although a challenge to “social” aspect, will poduce realized gains to margins
10- Higher production
