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It appears they are putting in a request to store up to 285 tonnes (about 2089 barrels) of hazardous waste on site.
Application to be determined by Delegated Powers
https://planning.surreycc.gov.uk/planappdisp.aspx?AppNo=SCC%20Ref%202020/0018
The document
SCC Ref 2020-0018_planning_Horse Hill Well Site Jan 2020 Hazardous Substances Consent Application_Redacted
has all the important information in it.
I think you may be misreading the application? I read it as storage of oil ?
Which obviously is a hazard SUBSTANCE ( not waste) if mishandled.
You may be correct but why reduce the storage from 350 tonnes down to 285 tonnes?
It is probably because I read this on page 6 to mean waste and not oil.
Transported offsite via Road Tanker
(HGV) on a daily basis.
Out load – ~90 tonnes per day.
Number of vehicles – 3 per day.
That's only 660 barrels a day.
Who knows? It Surrey.... I have never met a planning authority like them!
The 235 tonnes of storage is just that being retained in the original part of the HH site and is only for Phase 1.
"Phase 1: Well Site Modifications and Workover of Horse Hill-1 (HH-1) and Horse Hill-2z (HH-2z) Wells: all work will be confined within the existing well site retained as part of the appraisal consent."
"This substances consent application relates to Phase 1 works authorised as part of the production consent. It seeks consent for the storage of up to 285 tonnes of crude oil within the confines of the existing well site which has been approved for retention as part of the production consent."
Phase 2 will have additional oil storage within the new extended part of the HH site.
"Phase 2: Installation of Processing, Storage and Transportation Facilities: on a new site to the east of the existing well site..."
To make it clearer:
"For the avoidance of doubt, a further substances consent application would be submitted to authorise Phase 2 works prior to the installation of the new processing, storage and transportation facilities on land to the east of the existing well site."
That was 285 tonnes not 235 tonnes.
285 tonnes is approx. 2,000 barrels of oil.
I thought the original planning includes storage for 5000bls?
Bridgedogg1
From the top of my head I thought that the planning for extra oil storage in the new extended site was for an extra 9000 barrel oil.
Do you mean the original planning for the existing site or the planning for the extension to the existing site.
I get ya, thanks. Must be for well water storage?
Surprised this didn’t open up after the large sell on the close where there is usually a large buy. With Halliburton working over night I’m sure they will work the weekend if needed. Almost guaranteed a Monday RNS. I expect it will be to report that the fix has been completed.
" Almost guaranteed a Monday RNS. I expect it will be to report that the fix has been completed."
Doubt it - I reckon 12-14 days after rig or CT arrival so end of next week I suspect - assuming all goes well..................
4.5 million in large trades at 0.61 this morning
Whoever it is seems to be happy to shovel shares out as long as the price is over 0.60 - that suggests they already know how much they're going to make as long as it stays over 0.6 - Riverfort or YA I suppose............
The remorseless decline since end September 2019 seems to be flattening out at around 0.6 - 0.625
PCS calculated the current overhang would be gone by September 2020 (no-one argued with him IIRC)
No chance of a significant rise until they tell us what the rates are once all the work is finished
Mirasol
I would expect YA to be clear well before September.
Once this fix is sorted and the bpd numbers are in the volume will lift and they can offload quicker.
Looks like we have bottomed now and consolidating around the top trend line.
Could breakout at anytime with news. News could drop at anytime.
Very busy onsite.
Patience is Free!
Hold tight, when it’s let go it will fly.
GLA!
Whatever your strategy.
We might even start paying it down with cash instead of shares
Rns Monday would more likely be YA Scumbags dipping their bread in the gravy train.
Scallywag3-YA have facilitated this.... where else do you think the money is coming from....
GLA ignore the trolls
No problem with borrowing money, it's the taking it back. The ink was hardly dry on the contract and they had their hand out. Over a 2 year period I read. it's on 1/4 way through and they have already taken 1/2 of it back. if they had, had some restraint I'd imagine this would be at 0.85 Nor 0.06.
BTW it is 100% certain their is dry oil in HH2 proof of that lies with HH1 Giving that HH1 has been flowing dry for over 6 months I'd say we can go at least 1,000 feet with HH2/
atb.
shouldhavedone
what we need is a surprise CPR & get those trolling shorts & YA out.
CaptainStanley-look back at the September RNS and the provisions within---
The other way to counter YA is to pay it in cash and not shares
"what we need is a surprise CPR "
Any new CPR will have to wait until they get some results post fixing the water - and I don't mean a couple of days of results - the reservoir engineers will want a couple of weeks minimum (otherwise it will be on the one hand and the other hand - more hands than a Hindu God). It'll then take 2-4 weeks to re-run all the reservoir models and maybe 2 weeks wrangling over the exact wording......................
Wizard
Shorts are All part of the process.
They have had there day. This is turning.
As already been said. Once the oil is gushing YA can be paid cash. No interest. 10% settlement fee if I remember right.
We are due a cpr when all this is sorted. Then the doors will be blown off this price.
FOMO is a terrible thing.
GLA!