Register
Login:
Share:
Email Facebook Twitter


Exclusive: Hardman & Co call the lithium market: is a change in trend happening?
Tower Resources identify 18 million barrels of contingent reserves worth $118M in Cameroon


Hurricane Energ Share Chat (HUR)



Share Price: 40.84Bid: 40.92Ask: 41.00Change: -0.16 (-0.39%)Faller - Hurricane Energ
Spread: 0.08Spread as %: 0.20%Open: 41.10High: 42.28Low: 40.26Yesterday’s Close: 41.00


Share Discussion for Hurricane Energ


Thread View

Please login or register to post a message on Share Chat.

Posts per page:

Sonofthebull
Posts: 1,409
Opinion:No Opinion
Price:40.84
RE: ESP’s
Today 19:14
I have read your post properly..,,,,Like I say Boiler room tactics....So sad you have been rumbled.
Canna believe a word you saying..,,,,,Tut tut
 
wellwell
Posts: 5,326
Premium Chat Member
Opinion:No Opinion
Price:40.84
RE: ESP’s
Today 19:11
Read my post properly before commenting in future.
Sonofthebull
Posts: 1,409
Opinion:No Opinion
Price:40.84
RE: ESP’s
Today 18:57
Wellwell: That’s why they run two pumps On a Completion string in case of a failure....... I would have thought u would have been more positive with your post knowing your job position that u speak of.....
But hey every Boiler room has a motive !
johnpwh
Posts: 734
Opinion:No Opinion
Price:40.84
RE: ESP’s
Today 17:57
I don't profess to know anything about this, and certainly <<1% than Dr T clearly does but my logic is as follows:
The FB is made pretty much of good old Scottish granite I believe, bit like posh worktops and curling stones.
That's not a rock that gives off powdery deposits if you rub it like limestone or sandstone. It just kind of stays there. Add that to the fact that the oil found thus far is light rather than some semi solid stuff akin to tar then to me it shouldn't clog up - because apart from 'mud' used in the drilling process (which I don't understand and don't want to) there is nothing really to clog up.
But what do I know
wellwell
Posts: 5,326
Premium Chat Member
Opinion:No Opinion
Price:40.94
RE: Sea state height
Today 16:30
It’s not in the environmental statement that’s for sure. Here’s an idea.....go for a massage and chill out.
SIPPn00b
Posts: 3,068
Premium Chat Member
Opinion:No Opinion
Price:40.98
RE: Sea state height
Today 16:17
"SIPPn00b....’we’ was the whole LSE bulletin board; except that is, you of course."

No. I think that's just you and your mate.

Did you sell high on to the rise and buy low, like CA and NigWit did? Coincidence? Maybe. But I think not.
SIPPn00b
Posts: 3,068
Premium Chat Member
Opinion:No Opinion
Price:40.98
RE: ESP&#8217;s
Today 16:12
Can you post your research links?

Of course not.
wellwell
Posts: 5,326
Premium Chat Member
Opinion:No Opinion
Price:40.86
ESP&#8217;s
Today 15:59
I’ve been doing some research into the reliability of these critical components having heard some horror stories in relation to their longevity and reliability. The most important snippets I’ve gleaned is that most failures occur due to the following :-
1. Well Debris at well start up following a poor clean up
2. Sand or debris produced during the normal life cycle of the well.

In both cases I expect minimal risk from this in HUR’s wells due to the geology. In other words the pumps are unlikely to see much in the way of debris either at start up or during production.
wellwell
Posts: 5,326
Premium Chat Member
Opinion:No Opinion
Price:41.04
RE: Sea state height
Today 15:54
SIPPn00b....’we’ was the whole LSE bulletin board; except that is, you of course.
BeerMunky
Posts: 217
Opinion:No Opinion
Price:41.12
RE: Sea state height
Today 15:50
Looks like you’re right. Interesting model. I wonder how that’ll work with the GWA tie-in. I assume they’d want to negotiate the day rate down further if they’re giving them 10% of that as well.
SIPPn00b
Posts: 3,068
Premium Chat Member
Opinion:No Opinion
Price:40.92
RE: Sea state height
Today 15:46
"""We're not interested in various facets of your life ""

That will be the Royal "we"

wellwell and NigWit.
JayKay1
Posts: 1,042
Opinion:No Opinion
Price:40.80
RE: Sea state height
Today 15:18
BM

Nope...

In the Q4 presentation (page 12) it's shown within the 'bareboat charter' part of graph, which is annotated as being for the 'Provision of the FPSO vessel' where it clearly states this is for the dayrate and the 'revenue-linked incentive tariff'...

Hence my earlier comment of 10% of revenue, as this would equate to $1 increase per $10 rise in PoO...
wellwell
Posts: 5,326
Premium Chat Member
Opinion:No Opinion
Price:40.98
RE: Sea state height
Today 15:02
Beer monkey not sure the service companies are seeing the benefits yet but I did hear that Shell has reinstated its fancy coffee machines so that might explain it.
BeerMunky
Posts: 217
Opinion:No Opinion
Price:40.92
RE: Sea state height
Today 14:54
I expect the increase in opex resulting from an oil price increase is down to inflation from the supply chain for vessels, personnel, equipment etc.
fandg2
Posts: 3
Opinion:No Opinion
Price:40.76
RE: Fr hook up to foil
Today 13:42
No worries, but it can go both ways. The job I was on, although I was there with the CA over Xmas, most of the commissioning team were off Xmas eve until the 27th as there wasn't that much they could do on the plant as the area had been handed over to the leak test and bombing crews, so no normal access was allowed. 'Bombing' for the uninitiated is where they use a radioactive source to look at welds etc
JayKay1
Posts: 1,042
Opinion:No Opinion
Price:40.86
RE: Sea state height
Today 13:01
From the Q4 presentation the OPEX related to the FPSO increased by $1 per $10 increase in PoO...

This would suggest an arrangement 'along the lines' of a fixed day rate + 10% of revenue, although I'm sure it's considerably more complex than that!
Genghis15
Posts: 3,708
Opinion:No Opinion
Price:40.86
RE: Sea state height
Today 12:56
LS
"So do HUR start paying Bluewater a day rate for AM only once hooked up to the buoy - or is the meter already running?"

At this time I cannot point you to the exact words, but my firm recollection is that Bluewater are "incentivised" by having payment linked to production. Exactly when that arrangement starts, or the details of it, I don't recall seeing.

However it does appear to be a very different arrangement to a straight dayrate, tho of course the contract will be complex and mb a tad hybrid. Doubt we'll ever know exactly!
Biffadog
Posts: 495
Opinion:No Opinion
Price:40.86
RE: Fr hook up to foil
Today 12:55
missdosh,

Just to add that the BW Catcher got a clean break in the October weather and hooked up within 24 hours of arrival at Catcher field and that the project was made up of 12 separate wells across 3 distinct fields.

Lancaster EPS is a far less complex affair with only 2 wells.

GLA.
missdosh
Posts: 853
Premium Chat Member
Opinion:No Opinion
Price:41.00
RE: Fr hook up to foil
Today 12:49
Just for info it took Premier oil 59 days

On 18th October 2017 the vessel arrived on location in Block 28/9a in the Central North Sea and proceeded to pull in the submerged turret production buoy. The risers and umbilicals required to produce the reservoir fluids and export the produced gas were pulled in and permanently hung off inside the turret by the end of October. Successful commissioning activities during November and December resulted in the start-up of the Catcher Field in December 201
Premier is pleased to announce that first oil from the Catcher Area was safely achieved at 15.45 hours on 23 December 2017
Genghis15
Posts: 3,708
Opinion:No Opinion
Price:40.78
RE: Fr hook up to foil
Today 12:49
thanks to edyscot & fandg2 also ; I have no technical expertise or experience here.
Genghis15
Posts: 3,708
Opinion:No Opinion
Price:40.78
RE: Fr hook up to foil
Today 12:47
Thanks, Biffa, for clarification. Good to know my memory/interpretation seems about right to you as well.
Biffadog
Posts: 495
Opinion:No Opinion
Price:40.90
RE: Fr hook up to foil
Today 12:41
Hi Genghis,

I was the one that stood up at the AGM and asked him how long it would take from buoy hook up to FOIL.

He was only "cautious" from a point of view of not wanting to formally commit to a time period. He smiled when I tried to pin him down with a follow up but was still not forthcoming.

I spoke to him briefly after the AGM about the hook up procedure and it's pretty straight forward really. Just need that small window of calm weather.

FWIW I agree with you that about a month should see FOIL.

GLA.
edyscot
Posts: 67
Opinion:No Opinion
Price:40.90
RE: Fr hook up to foil
Today 12:38
The leak testing (CLT) contractor will issue a completion certificate to the Certifying Authority (LLoyds/DNV). This will start up.
Boyzee
Posts: 5,301
Opinion:No Opinion
Price:40.70
RE: Crystal Amber NAV
Today 12:29
Oneway ...any source for CA.s convis sold? Newsletter? Sorry, I missed that ... if true then CA now not in the arbitrage play. Where.s tge register for convi bond holders ...I.ve tried but find one, neither can I find the hisiorical prices of the convis. Mmmm...




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.