Member Info for DiveCentre

MCB55
The data gathering period, 6-12 months started at FOIL (04.06.19) but was interrupted by the valve problem.
RNS 02.09.19:
"For a significant portion of the period from First Oil to date, production has been constrained by the use of only one of two subsea flowlines".
So you could say that the effective start date was the 2nd September.

Rangers1
"My own preference would be to see another well drilled on Lancaster "
Whilst this looks attractive I hope HUR do not rush into a hasty campaign with less than adequate planning of the optimal drill locations. The last thing we need is another poor drilling result.

adoubleuk
"Let them spread fear."
The problem is that the spreading of fear whether intentional or not is why the sp is at this low point.

How many here have not de-risked.

Drillspark

Who has been mugged?

Not me.

AquaeSulis01
agree.
realised my error after posting.
Apologies,

AquaeSulis01

Arithmetic!!

3,452,800

wellwell

It does give the impression that Cresswell is reporting information from a discussion with HUR, if not RT himself.
Also:
"In mid-December, one well was being naturally flowed successfully at 14,700bpd with minimal water cut. This individual test will run until late January."
The RNS mentioned the rate it had flowed at but not what they intended to flow it at so if they continue at 14700bpd expect another tanker around 22nd January,

daltry

There should be further updates before the CMD. As adoubluk pointed out in reply to your previous enquiry there is good reason to expect an announcement on utilization of the PBLJ.

Also there may well be an update at the end of January when they resume flowing both wells.

It is also worth noting that the much maligned CA fund are still holding.
As of 30/11/19 they held 5.1% and had there been any substantial selling there would have been an RNS

"I bet you a majority of the instis and the privates would bite your hand off for 50p right now."

A conspiracy theorist might suggest that the fearmongers have achieved their goal.

adoubleuk

Don't knock it.

I remember a while back looking for a Wikipedia entry and was disappointed to found nothing.

Anything that broadens awareness has to be positive.

Apologies if this has been mentioned previously:
EV's membership has been taken down and a quick trawl back through posts suggests that his posting record has also been removed.

About time!

I can now say happy new year to all with meaning.

MCB55
The problem is distinguishing between domestic and commercial power consumption and that for EV's.

More likely is pay as you drive road pricing.

daltry
A blue day to end the year on, Be Happy!!

ps
90 is a comfortable pace

"I think HUR will be sold this year."

Better be quick, there's only hours left.

"However all of my liberal elite mates who go on endlessly about climate change etc still enjoy their 4x4s "

As evidenced by this article from the Guardian

https://www.theguardian.com/environment/2019/nov/14/suvs-will-ensure-oil-demand-grows-for-decades-warns-iea

I use 7.5345261 as the factor to convert MT to barrels. I mentioned this in my post on 29 October with a table of the first five offloads. dspp has posted on lemon fool using a near enough the same factor.

One barrel is 158.987 Litres. A metric ton of water density 1 at 39.2degrees is 1 cubic metre which is 1000 litres. Therefore 1 metric tonne of water will be 1000 / 158.987 = 6.2898224 Barrels. The density of Lancaster crude, said to be 38API from which the specific gravity can be calculated with the formula:
SG = 141.5 / (API + 131.5) and is 0.8348.
Divide 6.2898224 by the density and you get 7.5345261.

80,000 X 7.5345261 = 602,762.08

adoubleuk

When I started this thread I said:
"Assuming production is as per current guidance for the whole of the period it should be 490,625 barrels."
The latest guidance figure from the 13/12 RNS "Production since 20 September has averaged approximately 12,500 barrels of oil per day, exceeding guidance for the quarter of 11,000 barrels of oil per day."
A 490k load is the largest so far so I was rather sceptical when you posted 80k MT.

THATS OVER 600k BARRELS

or putting it another way $40 million.

shedful

EV's formula
"think of a number between 1 and 10000, double it! add on 100000! take away the number you first thought of!"
will produce a number between 100,001 and 110,000.

Would BP send out a tanker for a load under 150k?

credibility?
about as much as you'll find in an empty vessel

So Stena Natalita is on her way to Wihelmshaven. Unfortunately not Rotterdam as Amaja may have been able to elicit some info on the load. The coupling has been censored by the weather. No regular AIS signals and the best I have is 17.08UTC departure for my record.
The previous 6th offload completed 10.23am on 14/11 so near enough 39.25 days for the period between loads. Assuming production is as per current guidance for the whole of the period it should be 490,625 barrels.

Given that they will only be flowing the 6 well through to the end of January which is said to be flowing at 14,700 bopd I would expect to see the next offload in around 31days, 450k being the average load.

Lets hope BP are still happy buying all that H2O.