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Does that selfish nimby twat still post on here? Just thought I hadnae seen that particular avatar name lately?
HTTps://www.nstauthority.co.uk/data-centre/nsta-open-data/production/
tony follow this link, scroll down to 'PPRS spatial dashboard'
zoom in on Hull, then look SW to Scuxthorpe where you'll see 2 green dots, the one on the right is wressle
Thanks for the numbers GreyPanther - will be interesting to follow the watercut - do you have a link to the data - I went onto the site and could not find the field or the well.
thanks
Serif
Enviromental tankers only take water from the bunds and site Grey and Toilet waste.
Well water will be taken away by the same company that collect the Crude oil.
I'm hoping with the extra 390 million shares issued at 1.8p we would get an update soon.
Hi itsawrap. I've analysed the NSTA's monthly figures and got the following for this year: Jan: 832 bopd & GOR: 589, Feb: 771 bopd & GOR: 640; March: 770 bopd & GOR: 716; April: 770 bop &: GOR: 695 and May: 779 bopd & GOR: 687. So to my mind, there doesn't seem to be a close relationship between the gas and the oil being produced. It will therefore be really interesting to see the NSTA's figures for gas, oil and water for July, presumably published in early September.
I was hoping someone would tell me my numbers are wrong and July production was still well into the 700's, unfortunately that doesn't appear to be the case. EDR said water cut was much later than expected so why havent they expedited the gas-engine or the pipeline? maybe MA has too much on his plate, 37 licenses at last count, the Heyco takeover is very fortunate for EOG & especially UJO imo
@Itsawrap. Helpful data. Of course none of this would really matter if they just got on with the gtw or even better gtg! Let’s hope in the meantime that the extra revenue from the recent strength of the OP covers any temporary drop in production - how many years can it take Egdon to acquire a gas turbine for gtw??
I see another poster on the UJO board was talking of environmental tankers presumably to take away the water, so at least encouraging that they have sorted out disposal of waste.
Serif, my concern regarding the water is the effect it will have on production.
If oil & water produce a similar ratio of gas as just oil, then logically oil production will drop due to the fixed emissions limit.
Have a look at my post on the UJO bb - data from Egdon's RNSs and the NSTA very clearly indicates that June and July averaged 694bpd, whereas UJO's RNS of 14/06/23 stated "Oil production stable at approximately 780 barrels per day under restricted flow". If June averaged 780bpd then July averaged 611bpd.
These are not made up numbers, this data is in the public domain, i.e. the RNSs and the NSTA data.
My calculations suggest a significant effect on July production - hopefully temporary
Hi Serif. It's not easy to predict whether the recent water cut will significantly affect Egdon's drilling plans. Because of the better than expected reservoir behaviour up until now I'd been anticipating that they might try to penetrate the Ashover reservoir a bit deeper than in Wressle-1 in an attempt to prove up a lower oil / water contact. Depending on how the water cut increases they may, if it's only slow, still do this, but not if there's a sudden rush of water. I think we can draw some comfort from Europa's nearby Crosby Warren well. This is an Ashover producer too, and it's been on stream since RTZ discovered it more than 30 years ago. The water cut there is still only around 60%, so it's only increased by about 2% per year, albeit on a much lower flow rate. So we can still hope for something similar here, maybe. GP
@GP - would you think the water cut behaviour significantly affects the future drilling plan? I’m just bewildered that they keep putting this off waiting endlessly for the CPR - it’s almost as if they want the planning application to run into a General Election period and so get further bogged down!
In my experience CPRs are usually carried out atall the JV Partners' expense, rather than just on Egdon's behalf as the operator. So, when the Wressle CPR finally emerges, I'd expect it to be announced and - most likely - published in full if it's any good by all the partners. It may also take a quite while longer than originally expected as ERCE will no doubt be keeping an eye on the water cut over some weeks, not just the first month's rates, and they will presumably also be looking very carefully at its continued effect on the oil rate.
@itsawrap. See there is an email from MA showing on UJO board confirming water was present through all of July - so not a sudden influx. Not sure why people so concerned re water esp when largest producing onshore well is said to have a 96% water cut - it’s what you get and doesn’t mean the death of the well! Question MAs answer raises for me is why if they have known about water all July is the CPR report still being delayed? What’s going on behind the scenes?
Serenity news?
They can’t even give us a production update never mind inishkia news!!!!
A company with such huge prospects that could be so important to Irelands energy security manages four trades??
Someone needs to buy ‘Dummies guide to marketing’ or employ some help??
NSTA data can be downloaded. the spreadsheets have columns headed 'water production' and 're-injected produced water' so we should see 'water production' data for July on 1st October - I'm not aware that the water is re-injected so I expect that column to be nil. hopefully EDR or UJO will tell us how waste water is being disposed of and how it affects break even
@bobbybee Great post.
So really not so bad news in the since that practically all onshore wells are producing water.
We need Inishkea to come in; our whale!
We should have plenty of cash and generating very good monthly income so no pressure there.
IMHO
Sad news. Breakthrough now is only beginning of only steady increase. No going back and only way to control is workover to seal off. Don't imagine it is going to go away.
Taken from one of the UJO boards & posted by LAW
hTTps://drillordrop.com/2023/08/07/wressle-oil-well-producing-water/
includes a table of water cut per onshore well for May 2023 of which 17 wells produce more than 60%
Wressle was always the life line but turned out to be a money spinner which has transformed our finances. We now have the cash to make the rest of our assets deliver without having to resort back to the begging bowl. Now get Ireland away and with the excitement that potential would generate we could suddenly be centre of attention - rather than the dusty folder at the back of the cupboard.
Hi Copper3. You're right about Wressle starting production Jan 2021, but it was at only about 80 bopd initially. It didn't reach 550 bopd (and better) until the proppant squeeze, which took place in August 2021. Since then we've had about 2 years at rates of up to 1,000 bopd, but averaging about 750 to 780 bopd, I believe. All the best.
Wressle started production Jan 2021 , initially at 550 bopd if I recall corectly, then its increased to 750 sometimes 800 bopd, total 495,000 bo over 2.5 years
EOG now expect CPR to be at top end of (3P) reserves up to 1.15 mm stbo Ashover grit
if same applies to Pennistone that would be 3C at 2.75 mm stbo, and also 3.57 bscf gas
So ashover may start slow decline but give 2 years more good production with some residual low yield year(s)
It may be better to drill Pennistone , and forget second well on ashover.
Pennistone lots of gas so they need the gas to power or gas into mians gas sorted -
Maybe the CPR will be delayed another month to see August production and water ratio.
So CPR published early September??
We wont get any clear guidance from EOG management, until then, ( just half dis-information) but I'm hoping Pennistone if sorted correctly could be the big prize, waiting for someting further at Cloughton to happen, or maybe just maybe, either of Inniskea or Serenity for Xmas.
Is that too blue sky thinking.
This is great news for Europa; they will be earning very good money per month.
Oil expected to still go higher.
We at least have no issues with cashflow.
IMHO
This explains the delay of the CPR.
Now the following questions arise:
1) What happens to the plan to bore another hole into Ashover Grit?
(This was expected to happen relatively quickly!)
2) How fast the water content is increasing per month; is the increase fast or slow?
(3% suggests this is relatively fast!)
Unfortunate news; the news gives the impression that our gold goose seems to be running out of steam but hopefully still has much to give.
We need GOOD news on Inishkea!
IMHO