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It isn't rocket science Offy, the gas and condy sales are increasing by the amounts noted then that is NET production to sales, and it means the compressor consumptions are Gross "infield" prior to actual reported volumes.

It would be logical, I mean some countries still flare, they do not count the flared gas as NET, it is just part of the process to achieve the NET value.

As for velocity strings being "expensive in your opinion" they can actually be very inexpensive in industry terms, simply by running large coil tubing in from surface, terminating and hanging it off at surface and producing through that, which is a simple approx 2 day op per well.

Part 2,

Now from what I can see, I fully expect that ALL gas that is used for ALL 3 compressors is considered as GROSS, meaning it is taken at source.

I see it as the production reported is NET, and NET to market.

So on that basis the increase reported so far is NET.

I know our resident DOOMERS will play with that, but heyyy let them, it is just a silly game to them.

Can we expect MORE increases in production ?? I 100% fully expect to see potentially double or even triple the gains so far, and the reason for that is over the coming days/weeks, the booster will help lift out some of the liquids that have ultimately stored themselves downhole and in the near wellbore reservoir, this is called "liquids banking", the more they can shift of this then the easier the free gas will come to surface and that should result in notable higher production.

The benefits will not last forever, at which time it is likely they will move to installing velocity strings to further help keep bringing out liquids to surface.

If the above is correct then we should see quiet a large increase in condensate production over the coming weeks/months, as more is drawn out from the wells. for now it should be Win/Win

Ok so my take on the recent Booster RNS.

To give a simplified understanding of the negative effects of the "induced" liquids that are fundamentally the main issue at SLBY.

If you take a garden hose and empty all the water out of it and then blow down that hose, you feel almost no resistance, meaning you can blow down one end and feel the air immediately escaping at the other end.

In a gas field this is the holy grail, gas production without liquids, means there are almost no barriers hindering the gas escaping from reservoir and all the way to surface.

If this was the case at SLBY then you would see massively higher gas flow for the life of the field.

Now if you take even just a pint of water and pour it into your garden hose and then try blowing down the hose, you will likely almost burst a lung trying to push that liquid along the hose for your breath to escape at the other end.

This is what it is like at SLBY, the majority of the liquids produced at SLBY ate condensate and a little water (both products of when a gas reservoir/well production hits the critical "dew Point" .

For simple effect understanding, if your BBQ gas bottle is running your BIG BBQ on low,, and you feel the bottle after say an hour, it may feel colder than the ambient temperature outside, now turn the BBQ on full blast for an hour and you will see ice forming on the outside, usually a visible line where the LPG liquid is turning to gas vapour inside the bottle.

So effectively your gas flowing has created a condensation or liquid.

In the well and near wellbore reservoir, a similar effect is happening, the gas is flowing from the depleted reservoir, and the lower pressure and temperature causes "induced" condensate to form, and now the reservoir is not only trying to drive out the gas, but also trying to drive out liquids, and it suffers the same effect as you when you tried to blow out that little bit of water in your garden hose.

The Liquids being induced/generated at SLBY ultimately hold back the gas trying to escape to surface.

The booster allows Angus to open the wells more, and the booster compressor is drawing from the well flow line, in turn this allows the free gas to come to surface at a higher velocity and in turn that also encourages that liquid that has been building up down hole to come out to surface too, result is you get increased productivity, at least for a reasonable time.

Part 2 follows

I am travelling today a

s have some work doe sonatrach North africa

On the whole, I expected more from early startup, but at least it is operational and they have a lot to do for optimisation.

I will post tomorrow when I have more time on my take on this

Personally more than happy to wait until they can report once performance levels are in a reasonable bandwidth, I think it would be silly of them to report the booster is running along with significantly poorly harmonised numbers, it would not translate to a good day on the SP I am sure.

It might be a significant increase, but significant purely on the basis of %, meaning it is better than nothing but in the grand scheme of things it barely nudges the needle.

Good job UKOG is NOT the operator, otherwise they would have already destroyed it's value and used it to issue another 20 billion confetti shares.

Also odd that the lifestyle company leader runs this like his idol "Leni laughing gas" and both their companies are suspended, clock is firmly ticking, not long to go before the worst outfit on Aim is put out of it's misery.

AND ???

They clearly NOTE "start up" not full on calibrated/harmonised operations, installation and pressing the ON button is the easy bit. BUT then again folk like you "not invested" and not with industry background simply see it like plug n play, and get irritated at the slightest variation, heyhooo, I suggest YOU stick to stocks like Dyson or Shark, or Barclays, simple, predictable, safe, warm & cuddly stocks lol

JtS,

It isn't something you can simply categorise as "bad luck", it is actually a very complex system when incorporated into the original plant, it doesn't matter which company in any gas field tries to do similar, the complexities are "the same".

It is not an excuse made for the company, they are without doubt painful at the best of times, but on this occasion it is not something you can simply set your stopwatch on, same as drilling etc, it is never as simple as retail punters expect it to be.

Would not be surprised if they were having "teething" issues getting the booster to harmonise with the well flow input and main compressors output.

So many parameters that can cause differing effects, get lucky and it could be days, get a host of teething issues to harmonise and it could be weeks, very easily.

As Onetomany notes, it will come, just wait it out.

Ohhh deary meee Skelly, another one of those childish amateurs, who seem to like trying to insult others with silly name calling.

As for me, well I traded significantly out of EMH at 81p in 2021 thanks, but I have always followed the story and continue looking at it's potential, for which it has plenty. I will leave you to your imaginary trading & playground insults lol....

Skelly, why would you be waffling on about waiting for your "inevitable" drop to buy, when you had months right up to less than a month ago to pick these up for under 6p ??

Anyone who picked these up in the 5's & 6's will likely have been more than over the moon to see it rally on up to 20+ and settle even at this level.

Onetomany, it was response to JtS, one of the infamous mob !! who usually show up when the going is tough !! lol

AND how exactly do you know they have ermmm missed the supposed deadline ??

They stated they are confident to have the booster up & running by end of last week, which could easily be the case, they may well not deliver news on it until they have at least got it running at some reasonable level of delivery !!

It isn't a simple "Plug n Play", dialling it in will 100% take some notable effort and tweaking. I would expect they may well inform the market of initial performance by end of week early next at BEST !!

Bullorbear. same post you put on other boards, ramping UOG, !!!!!!!!!!!!!!!!

Same here, took a fat handful while the market chases it's tail !! rude not too.

Nothing retail can do, it is as ugly as when the financial crash hit the markets, cash is king, otherwise switch off and simply wait it out.

Even oil is close to hitting the 50's, truly ugly out there !!

It would be extremely logical for the booster to be connected with bypass, so they can divert to booster or direct to main Compressors, o

It avoids needing to shut in any wells for any reason and causing flow and disruption at surface and downhole

Offy,

The booster installation and full calibration/harmonisation will take some serious time and effort, it doesn't compare to the original compressors installation and operation, It is fraught with technical challenges on all fronts.

A bit like if you had an old standard combustion engine, and then try slapping a dirty great turbo in it, it doesn't suddenly work and hey presto shed loads more power, it totally screws up the original air flow, it screws up the original fuel delivery, it screws up the air/fuel mix, it alters the combustion dynamics, it basically changes everything, BUT get it right and harmonise it properly and bingo !! Simply bringing the "turbo" into the field and plumbing it up is by far the easy bit.

I expect them to get "some" early improvement but yes it almost certainly will take a chunk of time to get it close to optimum,

The booster compressor will have no effective calibration prior to installation, just some baseline parameters to enable it to initiate.

Calibration/harmonisation is not going to be quick, it is likely to take weeks to get close to optimum.

There are a mountain of variables from the upstream (dynamics of flow and variations in surface flow, along with allowing for the additional processed gas offtake for the booster engine, & the management/degree of choke on any or all wells, and the downstream side of the booster into the main compressor/s.

Add to that the plant separators are also going to go through a whole new variation in flow stream and contribution.

To be honest, I think there is little downside to eventual new production numbers as it appears they have reduced the flow and production to settle the near wellbore and reservoir prior to installing the booster, which by default will give them some notable headroom on new flow numbers.

I expect some "honeymoon" rates in the early production partly because of the way they have choked back and settled the current flow regime.

I am actually expecting past highs to be seen at least during this "honeymoon period" and then a more settled and consistent rate. It isn't some miracle cure for depletion, more akin to giving the old field a blue pill...

WRONG AGAIN,,, cut the tit for tat, DEAL or NO deal ???????????? you know you cannot, thus why you are already making reasons not too lolol