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The monthly update should be out within the next few days, if not tomorrow. In last months average production was reported as 9,085 bopd and current (17/04/22) as 9,150 bopd. My estimate of production based on the interval between offloads and the usual offload amount of 520k is 9,123 bopd which if correct indicates that the decline rate is minimal. It will be interesting to see the reported figures.
May offload will be roughly $108 per barrel unless price plummets at end of month which is doubtful
Reliable update as always laserdisc, thank you.
PETROATLANTIC due Friday at Lancaster presently off the north tip of Denmark
Pisces21 - Petronordic I think, after an offload in Rotterdam.
Next offload is at the end of the week/weekend. Can't confirm which tanker though.
Goldman Sucks have been hugely long oil since it was rock bottom. Profit is well over a $ 1 Billion…….Good call by them. Futures , options, big leverage.
Thanks for the reply guys, helpful as always
flyingpie
Teekay provide the shuttle tankers as they have a contract with BP. There are various tankers used:
Scott Spirit
Amundsen Spirit
Grena Knutsen
Navion Oceania
Nansen Spirit
Petroatlantic
Petronordic
I suggest you use the Marine Traffic website and search for these vessels. You can create a free account.
Meant to add, if you're trying to predict an SP increase on the basis of when the offload is, don't bother, hasn't affected the SP ever as far as I'm aware. It's normal operations so is expected, now if the tanker did'nt turn up well that'll be another story (and a first).
Or just wait for laserdisc to announce, been 'our' vessel guru for years and don't think he's failed us yet.
goldmn sachs say oil $150 per barrel in the summer
It’s a website called Vessel Finder
I remember some rather clever people on here managed to find the actual vessel shipping the oil.
Can someone tell me how to do this please?
I think the next offload should be on 21st and be worth around 55mil, about 40 mil fcf.