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Range Resources Ltd - One for 2011 (RRL)     

Proselenes - 10 Dec 2010 13:31

.

dreamcatcher - 15 Oct 2011 16:54 - 2232 of 5221

http://bcove.me/55hl9k26

dreamcatcher - 16 Oct 2011 10:59 - 2233 of 5221

thanks toravenscourt1 1


I know a little bit about drilling but a little knowledge is dangerous so I talked to a couple of drilling superitendents who I have worked for.

My question was would a company carrry out side wall coring and conventional coring unless they had good evidence of hydrocarbons?

The response was that all information on formations can be got from electric logs(wireline). However cores are needed to appraise permeability (ability of fluid to flow through rock) and internal structure of the formation. So if a company spent money on both types of core then that's a pretty good indication that they have HC.

Let's hope that is the case.

dreamcatcher - 16 Oct 2011 11:43 - 2234 of 5221


Locating and drilling into oil and gas reservoirs can be a very complicated and dangerous procedure. And as mankind continues to use oil and gas, deeper and more complex wells must be dug to find more pockets of fossil fuels. Oil well coring is a procedure that provides invaluable information to drilling teams and oil and gas companies during the well drilling process.

Oil Well Coring
Oil well coring is a procedure that is meant to remove a small amount of rock sample from within the oil well. This entails using a core bit to drill and remove a cylindrical sample of the rock. The core bit is used with a core barrel and core catcher to drill out a sample that is then brought up to the surface with the core barrel. The core bit has a hole in its center so when the coring procedure is undertaken it produces a small piece of rock.

Procedure
Because the rock is so tough, the core bit, or drag bit in some cases, uses a a PDC or natural diamond cutting device to cut with. When the cylindrical sample is cut out, it needs to be safely removed from the well. The core catcher device grips the bottom of the rock core. Tension is then applied to the drill-string, and this causes the rock core sample to break away from the rock beneath it. By holding the core sample, the core catcher serves to prevent it from falling away and being lost.

Sidewall Coring
A procedure that has similar goals to coring is sidewall coring. This process differs from standard coring because sidewall coring aims to remove core samples from a hole that has already been drilled. This requires firing a hollow bullet into the sidewall rock formation of the drilled hole to create a core sample. The sample is then removed from the drilled hole with a steel cable. This method is typically used in soft rock formations. The produced samples range in size from 0.75 inches in diameter to 0.75 to 4 inches in length.

Other Information
Core drilling is used to assess the productivity of oil well drilling. The coring procedure provides valuable information about the makeup of the rock being drilled. Oil well coring is also used during the exploration for oil and gas reservoirs. Obtained core samples hold valuable information. These samples are carefully washed to remove all foreign matter, and then analyzed and labeled. This gives a drilling team information about the depth at which certain rock formations occur at a specific drill hole. Also, oil and gas levels can be estimated based on coring samples.



dreamcatcher - 17 Oct 2011 05:52 - 2235 of 5221

RRL up 7.14% on the ASX

dreamcatcher - 18 Oct 2011 20:24 - 2236 of 5221

Thought Tangiers petroleum were going to list on the aim, perhaps they will in the future. What about the investors in the uk?



http://clients2.weblink.com.au/clients/tangierspetroleum/article.asp?asx=TPT&view=6561723

dreamcatcher - 18 Oct 2011 20:40 - 2237 of 5221

Ow Horn petroleum down 19.64%

dreamcatcher - 21 Oct 2011 19:24 - 2239 of 5221

10 - 14 days was stated on the 10th of October Should get news monday on the VSP .
A lot of news due.

cynic - 21 Oct 2011 20:56 - 2240 of 5221

fwiw chart looks horrid

dreamcatcher - 21 Oct 2011 21:11 - 2241 of 5221

The company needs to start delivering. Await the next news.

dreamcatcher - 22 Oct 2011 14:06 - 2242 of 5221

http://www.brr.com.au/event/86164

dreamcatcher - 24 Oct 2011 20:49 - 2243 of 5221

Just a rumour at the moment, but it looks like we have a JV partner who has signed A Memorandum of Understanding for Puntland offshore.

dreamcatcher - 24 Oct 2011 20:54 - 2245 of 5221

Over due an RNS now, with this news

dreamcatcher - 24 Oct 2011 20:59 - 2246 of 5221

This is BIG news for rrl

ptholden - 24 Oct 2011 21:01 - 2247 of 5221

Where is RRL mentioned in that link?

It appears that Marauder has a mkt cap of $6M - hardly big?

dreamcatcher - 24 Oct 2011 21:02 - 2248 of 5221

They will raise the cap.It is big news. You are never happy.

dreamcatcher - 24 Oct 2011 21:04 - 2249 of 5221

ptholden sorry please can you do your own research. I have put this on for everyone
and your still not happy?

ptholden - 24 Oct 2011 21:09 - 2250 of 5221

You didn't answer the question of how this is linked to Range.

In any event Marauder are a real tiddler, how can you think for one moment this is BIG news. It's a bit like a Conference football club going into partnership with a Second division club!

What is there to be happy about?

dreamcatcher - 24 Oct 2011 21:16 - 2251 of 5221

Anyone got any rib cream, they are soooooooo sore through laughing so much.
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