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eskibeatbeater...
Do you see a cold winter coming in UK an worldwide ?
Do we have bottlenecks in and problems with infrastructure for an energy transition ?
Will people panic buy an some people make a great deal of money from oil ?
Has OPEC+ worked well an been disciplined ?
Has Biden asked for increase output of oil ?
Has Prince Abdulaziz bin Salman been an energy guardian with OPEC+ when it comes to oil ?
If OPEC issued loads n loads of more oil now would it solve today's problem ?
Who is going to burn it , which refineries will convert it..is it gas needed or oil ?
The problem is not oil really so has the problem been dropped on OPEC + ?
Can we compromise energy security by going green in the energy transition by cutting out fossil fuels and vice versa ?
Can a pipeline been built in three years or four years for liquid gas ?
Can you go green and still produce fossil fuels together...hydrogen gas shale renewables oil gas wind solar ?
Is the UK preparing themselves for Hydrogen conversion from natural gas as a global leader ?
Can we get triple figures for Union Jack Oil ? ... YES.
Triple digits for UJO ?????? do you ever stop talking absolute rubbish.
"Although these types of engineering challenges can be solved in oil and gas developments, there is no guarantee commercial flowrates will be achieved at West Newton. At the top end of the range West Newton could therefore be
a sizeable commercial onshore oil and gas development, however, at the low end it could potentially be a non-commercial discovery "
fair enough
So Heid, it looks like it's just down to Wressle, given the latest WN figures from RBD website by BNP/Exane.
"We have constructed a low recovery factor success case for West Newton, incorporating the drilling of one further appraisal well and thirteen development wells, recovering a gross 9.9mmboe (8.2mmbbls oil and 10bcf gas). This equates to a recovery factor of ~8%
Utilising our estimate of oil and gas recovery factors, informed by those for the LMG fields, results in a recovery factor of 14%, which we adopt as our higher recovery factor success case.
Utilising the initial production rates per well outlined above, we model 22 production wells for our 14% recovery factor scenario (i.e. an incremental 9 development wells over our low case). This equates to a relatively high density of wells, and would only be achievable with relatively close spacing of wells. It is possible (perhaps likely) well productivity would need to be higher than we have modelled in order to achieve a 14% recovery factor"
First time they've seen fit to published recovery numbers 8-14%
UK average for this formation has been previously published elsewhere as 13%...
Still have all mine
AJamesW it works like this:
Tom Winnifrith for one, recommends it to his private group. They all buy. Price rises, news comes out, he tells them all to sell. As they sell, he compiles a damning article which compliments all the selling, then his team all appear here, deramping and drowning out any positivity. Through his contacts he learns when news is due, if good, he then instructs them all to buy, team negative disappear and team positive appear. Rinse and repeat. At the moment, we are in a bad news period, his Red Hot Rocket team have all sold. Watch it all change when the next Wressle news is due lol.
althou would be pretty red alright, there is a few vampiric posters here a stake would be useful for..
steak its the bloody auto predict and you can not edit here
Ive never eaten a 'stake', but I would imagine a sawdust sauce would be more appropriate lol
ohh come on its red sauce with stake
maybe
Mustard with steak
HP with bacon
a minute steak in a bap
No jam tomorrow MickyBee
Muscle building steak sandwiches...what do you think ?
to report db missing???
17.5p maybe ??
More like 999.
666
Do I see triple figures here ? Yes, I do.
'Thought not... Its a belief not a rational argument...'
So you are answering for me then RNSTranslator
Typical man of this board patronising me
made up figures , nothing more
"I don't like the word 'ramping'"
So do you still "believe" in 3p (£6) a share as you're not a ramper, or is it now £2.
Can you explain how you get to either of these numbers?
Thought not... Its a belief not a rational argument...
What time does persimmon clock on ?
Must be your shift for now Mirasol...
"truthful"
I see.
Many of us fee the same way about the word "deramping" - we prefer "truthful"