We would love to hear your thoughts about our site and services, please take our survey here.
Agree Gordon, although I do actually welcome the stability, and the logic as it does protect us from bottom falling out vs previous pricing policy. Obviously it all depends now on future price of oil, but even if was to drop there’s a protection on how low it can go.
I assume the below, new pricing applies to Syn - surely Roland can confirm.
https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/lng/041023-india-approves-revised-gas-pricing-regime-to-protect-consumers-from-volatility
Where did you get that gas price from for Indian market?
Agree Gordon, we really are due some proper production data over the coming weeks. I’ve done some reading on de-vaxing, hopefully we will see some solid improvements as a result of this. If positive, they probably want do on the other wells you’ve mentioned. I supppse we can expect an update first on c-19z, followed by c-77h. Should be some busy days/weeks coming up.
Must admit I’m equally intrigued to see what rates 19-z will produce post de-waxing. Based on historical data it was producing 0.8 MMscfd/200bpd. It’s not only the six zones in 77-h.
Seems Vedanta is a big customer, coincidence?
Https://panmure.com/insights/appointed-as-joint-corporate-broker/
Might explain why dgh wants better understanding on current vs improved flows from the other 4 zones
https://m.timesofindia.com/business/india-business/govt-approves-fiscal-incentives-for-projects-to-improve-oil-recovery/amp_articleshow/65785241.cms
DGH role and functions
https://www.dghindia.gov.in/index.php/page?pageId=24&name=About%20Us
Thanks Jack, interesting title for article in that case. Also a bit interesting that Enquest announced they had been awarded already last week seeing it was a lot of mention it would require further steps before would be made public.. hey ho..
I don’t know, but I guess you could equally ask why they would publish false information (that’s published by Synergia)?
Not sure if they simply got it wrong, or is in relation to second license bid?
If you look at the enquest rns of last week, you got confirmation that they got it right there.
That’s amazing news VF. All hands to the pump - pun intended
Yeah, a bit of a further end of day drop. Still well up from recent lows mind you.
So seems like the fun is over and we’re pretty close to where we started today, above .14 to sell. Pump update or jv news first? What we reckon?