Quote from: TDoS on May 13, 2024, 09:22 PMQuote from: RE on May 13, 2024, 07:55 PMBRICS: Russia Makes Massive Oil DiscoveryOil discoveries come with two very important things.
RE
1) The name/date of the well (called the "discovery well", go figure) that penetrates the given formation and often times delivers samples of the oil itself.
2) The wireline or LWD logs demonstrating the necessary geophysical characteristics of the formation to deliver.
This article mentions neither. If wishes were horses...
OK, good information.
So, if these Ruskie drillers did in fact drill the "Discovery Well" and have oil samples and the "wireline", who does the oil belong to, them or the owner of the title to the property? In this case title belongs to HRH, the King of England correct?
RE