Member Info for adoubleuk

Longwait,

"Did someone call my name?

But seriously, I shall miss all the musings and speculation about whether HUR will be able to find a suitable length of rope and, if not, will she have to call in the receivers."

I thought that turn of phrase might provoke a reaction from you! :-))

I was just about to turn in, rejoined this board last-minute, and seen your reply.

And like yourself, am feeling a sort of post-partum depression. The AM's finished wandering halfway round the world, and the rig's going to Invergordon, so no interesting shipwatching to be done for now.

But things could be worse: spare a thought for that poor giant squid...

BlooBird,

"When I watched that video of the Peregrino that missdosh posted, I seem to remember that they changed most of the crew once the ship had become moored to the buoy."

Yes, I get your point. However, good as that video is, the Aoka Mizu and the Peregrino are worlds apart. The Peregrino FPSO essentially 'ceased to be a ship' once hooked up. Anchors & chains cut off, propulsion system now unused so to be slowly dismantled including removal of props, etc. In maritime terms, now a 'barge'. And at the end of lifetime (for whatever reason) to be towed away for scrap.

Whereas the AM, though 'moored', will remain 'active', with her thrustors aiding position-keeping and heading during offload, etc., and the ability (in dire necessity) to drop the buoy and head for shelter, though that would be dire, I believe.

Sure, BW will downman the crew in terms of personnel needed for being underway, navigational staff, and so on, but she remains a 'ship'. With a Captain. Whereas the Peregrino (not the name of the ship) was handed over to an Offshore installation Manager. The AM will have both, whose responsibilities will frequently (mostly) overlap, but not always.

SG2,

"As for 'getting it right', i suspect AK paid A LOT less than you for his shares."

I don't know why you singled me out in your post, because I'm not the only one who's been in here a while. And some of them have been 'in here' for a lot longer, and may not have traded at all, other than maybe buying more at opportune moments.

You're correct, though, my initial buy-in was less than half 'the street's' average, but over time, (through necessity), I've traded. I'm not a rich man (rangerover notwithstanding), but that's a very relative term.

Suffice it to say, though, that (if anyone's interested, and why should they be?) my average is less than 30p, and I've recouped my initial investment twice over. The first time because it was a primordial goal and was a lot of work. Which I don't want to have to repeat. And the second time was around the placing. I didn't crow about it back then, but did mention it on this BB from time to time, and that didn't earn me many friends.

But haven't traded any HUR shares for ages now. Just not worth the bother. I leave that to the 'loose players'.

JayKay

(Don't) "Feed the troll..."

Why not? I keep reading in the papers about how obesity can kill, so I'm just trying a little experiment to see if it's true.

Anyway, it's a non-troll, trying to behave like one. Real trolls are devious, subtle, and sly, but our latest one is none of those!

Call me an old softy if you like (though I'd prefer you didn't), but one thought has been running predominantly through my mind today about the latch-up, SP and so on notwithstanding.

That being, it must be fairly wierd for the the people out there on the boat, now. Or for many of them, anyway. They'll have got used to being on the AM as a ship at sea. And of course, it's still a ship, and at sea. But I bet the vessel movement must be different now, now that she's moored via the buoy latched into the turret. And probably the background noises are different.

A bit the way that it feels strange when one's been on a two-week jackup tow, one 'pins' in place, and all of a sudden you're living on a platform again, and not a barge.

Good luck to the people out there, and if you can make FoiL for the 31st it'll make a lot of my caving frends very happy! (Via the sweepstake.)

And if not, proceeds will be to RNLI, which is of course an appropriate cause.

I feel a lot more relaxed now I know the Aoka Mizu's firmly latched on location. Plus I've been to the pub and had a nice Vietnamese meal for supper, which makes me even more relaxed. So now just happily blowing off steam, scribbling away here on this BB.

Now this isn't off-topic, but one or two of you might have noticed in my earlier post addressed to our resident clown 'thestreet' that I know he knows nothing about the oilfield due to him referring to 'the drills'. Despite him saying a few days ago that he knows people who've been involved in hookups, and so on. Maybe those hookups took place in the King's Cross area, but didn't involve FPSO's!

Here's some free education.

In the oilwell drilling business, with its own frequently esoteric use of language, the term 'drill' refers to one of the following, though the list is not exhaustive:

1 Going to the lifeboats (usually on a Sunday around eleven in the morning), putting on lifejackets, and pretending we're abandoning ship.
2 Fooling around with fire-hoses and putting out imaginary fires, sometimes when other people are going to the lifeboats.
3 Walking calmly out of our offices (not forgetting to save our work) and mustering in the carpark when the fire-alarm goes off (usually just before lunchtime on a Friday).
4 Tossing a 'dummy' over the side of the rig and then having fun leaning on the handrails watching the standby boat crew trying to 'rescue' it (usually on flat calm sunny days).

Etc.

Otherwise, the word 'drill' as a stand-alone simply isn't used, especially when referring to the construction of an oilwell.

Naturally there are thousands of words and phrases used which incorporate 'drill', such as drill-bit, drill-collar, drill-and-drive, hammer-drill, and so on. But space precludes...

thestreet,

"My average price is now less than 40p so at this rate I will be nipping at ur heals
There will be no offer here until the drills are completed and the logs have been analized."

You're now clutching at straws, mate, and making yourself look foolish at the same time.

'The drills' as you refer to them (thereby showing you know jack about oilwell drilling) are to be on GWA, which now has been 50% farmed-into by Spirit. Which essentially means that they're now out of the picture regarding any buy-in by another major, unless you're talking about an outright takeover of HUR, and I don't think that'll happen. The major shareholder Kerogen could easily prevent that, and also it wouldn't serve anyone's best interests anyway.

As for your other post about being 'the first' to 'call the rise' and the 'sell', that's patent nonsense. Everyone knew the SP would rise when the boat was liable to sail, and everyone knows that there's a selloff after an RNS. On AIM-listed shares, anyway.

You're making yourself look daft, you know.

Don't get me wrong. I wish you all the best with your trading. Hope you make a hundred or a thousand or so now and then, or some 'free shares'. But don't make yourself sound like you're in the gold-plated Bentley league, 'cos you obviously aren't. And anyway, who want's a gold-plated Bentley? I wouldn't mind a Bentley, but am happy with my ancient rangerover. And the gold is better stored under the apple-tree.

Nigwit,

" How long before there’s adequate data for proof of concept?"

Sorry, bloke, but once again you're bending words to suit your own rather warped-seeming agenda.

What is this 'proof of concept' you're writing about? Sure, it's nice tech-speak, but utterly hollow. You seem to be implying that there's some sort of doubt over whether 'fractured basement' reservoirs can produce. Is that the 'concept' you're referring to? If so, you're wrong. It's been proved time and time over, worldwide. The only thing Hurricane is doing that's 'new' is deliberately targetting FB in UK waters.

And I'll going to cut you off at the pass before you reply with an obvious knee-jerk question, that being to ask why nobody else has done it before. Because the answer is equally obvious to those with any real knowledge of UK oil since the early seventies. That being, the 'conventional' reservoirs were already so huge, and (everything's relative) so much easier to exploit, FB was simply ignored. Plus also certain technologies (specifically in horizontal drilling, drill bits, and seismic) have advanced to the point where it's possible. Lancaster wells of the sort now drilled would have been pretty much 'impossible' a mere 25 years ago. Plus in addition, the 'conventional' reservoirs are now depleting, or at least in the shallow zones, so it's time to look elsewhere.

What the EPS will be 'proving' is just the Lancaster field. Not some sort of new-fangled 'concept'. Dr Trice hasn't invented some sort of anti-gravity machine. But essentially this is what any EPS does on any oilfield, conventional or not.

Personally I have considerable faith (based on lots of reading of what I believe to be factual data, not tealeaves), that not only will the reservoir perform as modelled, but probably out-perform, the very conservative CPR's not withstanding. And that's why I've kept a lot of my money in here, come hell, high water, 'delays' and so on. The bottom line being I trust this as an investment far more than any bank or life-insurance company. Or 'investment fund', come to that.

Snail,

" The hook-up may not be a massive sp booster but when it wasn't happening it was an sp suppressor for sure. This is a milestone now passed and there will be a very nice bottle opened in Chez Snail tonight !"

Good health to you, mate!

I do admit that the SP today (at end of play) is somewhat disappointing, but that's secondary. The important thing is that the FPSO is safely on station at last (underline AT LAST, it's been a very long wait), so now everything's in place for production to start. Commissioning is essentially a technical formality, and whether it takes three weeks or six is essentially irrelevent.

I'm not alone in commenting today about how many new posters seem to be cropping up on this and other BB's who seem to have very little idea about what the Lancaster EPS in particular and Hurricane in general are about. A prime examle being resident court jester 'thestreet' banging on about how drilling through granite is difficult (as if he knew anything about oilwell drilling), but somehow forgetting that the two initial production wells have already been drilled and completed, and are now simply waiting to be 'turned on' once all the infrastructure has been tested and the individual systems are successfully 'talking to each other'.

But Hurricane has for years been something of a 'sleeper' share, due in no small part to the reluctance of the company to use hyperbole, ringing bells and blowing whistles, plus a lot of people not believing that the could deliver. But I think that might slowly change. Let's face it, it's a pretty remarkable story: from one man in a garden shed poring over well logs, seismic data, and geological maps to having that hulking great FPSO moored WoS and plugged into two prolific producer wells (for starters). Frontier-pushing stuff.

The stage is set, the actors are in their dressing rooms waiting for curtain-call, and anyone not already in the auditorium is going to miss the start of the real show.

Plus of course there's lots more to come, like more drilling in the very near future. (And please will people stop calling Warwick and Lincoln the 'Spirit Wells'? Hurricane is the Operator, Petrofac's putting in the legwork like always, and Spirit's just signing the cheques)

Cheers! (Putting on hat and coat and heading off to the pub...)

thestreet,

"This is a great share to trade on news"

Yeah, if you're interested in two or three percent profits. A few months ago I was thinking that (hoping for) the SP on hookup would be higher than it has tuned out to be today, at which point I would have traded a bit. But it hasn't worked out like that, so I haven't bothered. Trading on small percentages only works for people who can do so fast. Which ain't the case for everyone.

"FCA not keen on folk broadcasting insider info on public BBs though - you prob shoulda said Dr Who!"

Or Dr Hu?

zzzclark,

"It's not logical that if AM dependent on the dynamic positioning system to maintain position that another vessel be in close company. "

I'm afraid you haven't been her long enough to understand the devious workings of the minds of certain people on this BB!

If the Grampian Sovereign's rôle is that of 'Lady in Waiting', she may have to remain close in order to advise the Mother Ship as to the best position to assume...

Hey! Don't you know anything about old Tudor history?

fitguy,

"Yes indeed, the GS seems to be in very close attendance, so I suspect that they are in the middle of the hook up and the deed is not done yet!?"

Does this mean we should consider the GS as some sort of 'Lady in Waiting'?

Hope the squid doesn't get wind of what's happening...

Lady Sonia,

A number of us here must by now have googled your (ahem..) website, so dare I suggest that maybe you should know more about this than we?

I mean, if a 'hookup' takes place overnight, is it going to be announced that the thing has be 'consummated' first thing the following morning? Or might it not be prudent to wait a few hours until we're sure the happy couple have been successfully 'mated-up'?

An RNS doesn't necessarily have to be issued at the start of the day, anyway.

a11gar,

"been given a nod in this direction is there something happening wednesday?"

Yes, there's a BTSCC track test day at Brand's Hatch.

Looks like TO Leader is pulling anchors.

Given that anchors are supposed to be pre-laid at Warwick, but the operation appeared to have been called short due to weather, it seems very likely that (as per rumour) she'll be going to the yard first before heading to out turf.

Someone in an earlier post inquired about possible 'scope of work'. There doesn't actually need to be much 'work' required. Just required certification inspections, and stuff like that. A lot easier to do in sheltered waters.

Bungle66,

"Shouldn't the speed be 0.0kn or would she show a speed of 0.2kn if she was weathervaning?"

No. Just vessel movement (such as roll) while stationary can show as a 'speed'. Hey! When the TO Spitzbergan was waiting on weather at the back end of 2016, the AIS sometimes showed her moving at more than one kt! Though position remained unchanged. It's only rock 'n roll...

fitguy,

"Yes you are right.....the coordinates are not quite 100%!"

No, I owe you an apology. I was using the wrong coordinate system (they can get confusing). You're right: she's over the buoy, or near as dammit.

SotB,

Excellent! Which one is you?

(I reckon it's the accordian-player.)

fitguy,

"MT is showing AM on station "restricted manoeuvrability", updated 7 mins ago!!"

Good grief, so it is! Just while I was penning my latest nonsense. But 'on station'???? Don't think so.