Member Info for Heid

No. I want to see the revised CPR for Wresslewhich I believe will be a big improvement on the one produced in September 2016 and I also disagree with your Oil Price figure for numerous reasons.

We have huge challenges ahead of us with OPEC spare capacity exhaustion. That will be next year's headline news. As I keep saying the end of US shale hyper growth. The Majors are not investing in to big projects either..

Please could you explain to me RNSTranslator why you have chosen the number of $60/bbl for oil over the next decade ?

..virus has not transformered into any demand destruction yet with a $10+/bbl risk premium that has been introduced into the oil price because of it.

"Experts are ecstatic because it seems...that Omicron is much more contagious...but also much milder and less deadly....Some are therefore urging to drop restrictions and let Omicron kill off Delta quicker.."

Note that demand for oil is now back to pre covid levels and will grow for the next ten to fifteen years BUT supply growth will not. I do see 100 dollar oil next year and higher than that in the years ahead. We have lack of US shale growth an no big projects coming on line. ESGs are not allowing for re investment in to hydrocarbons by the majors.

Whilst Wressle is continuing to produce at rates above expectation, and even higher after the site works have been completed, my oil price projections will give a very, very good income indeed for Union Jack oil an David over the next decade.

Hows about forgetting the post that just got removed bout my batteries running out by you persimmon ?

You need a good woman to sort you out ! Proper on heat.

At last some people given a public platform for the alternative view that we require a balanced energy strategy and not just the doomsday scenario.

For those who missed the programme earlier this evening :

https://www.youtube.com/watch?v=D1ZDZkZUStI

Not guilty.

So away for all of Xmas again Ninetails. Respect to you as not easy away from your family.

I am speaking to a man who has been away for 17 weeks in the North sea. His is UK Continental Shelf Gas, sold to Gazprom at knock down prices, will be sold by Gazprom over 2 years to UK consumers. Sold in the Summer, hmmm, as if Gazprom knew what was coming !!

"Are people being allowed a voice when it comes to the environment, is democracy being served? I was interviewed because I stood up for shale gas and for a sensible energy policy only to be targeted by the more radical environmentalists who tried to silence my voice."

Lorraine follows me on twitter and is a lovely lady. This programme was recorded and had to be aired interestingly after COP26.

Here is a link to Lorraine's you tube account. Have a watch.. you will notice that a well known protestor to us appears at 39 seconds in..

https://www.youtube.com/watch?v=gppPbJUXge4

Tune in as it should be an interesting watch and well done to Lorraine for speaking up for what she believes.

As for you Mirasol...

I note your posts are changing here. I think you know something good is going on at Wressle.

I remember a great pump with ANGUS that I fell for..

Is it a tanker ? Buy in...

Nope its a waste tanker....

I lost money.

Who is the 'Lady of Aim' on twitter ?

Does no one get it apart from me ?

How will they pump up production if they don't have the production ?????

'A new Wressle CPR is urgently needed to stop the rot'

'the rot'

You will get your new CPR young man with a big ribbon on top.

Tell you something else MickyBee...that IEA only pay about £5000 a month for their real time data for the total petroleum inventories which is no way as good as OPECs live analysis. OPEC know the demand for oil is going to be high.

It's David for me. I know it's shareholders, but for me it is David's company.

US Shale giving back dividends

OPEC an allies will be mostly out of spare capacity and not investing in to new production

Majors for ESG reasons freeing up money for wind an solar crap whilst letting production fall..

Nice earner for Wressle incoming for our David.

Ok, MickyBee...if you re confident that the world has enough supply of oil over the next few years to meet the demand globally.... then I salute you.

Majors ? Shale ? OPEC+ ?

No, nothing is missing.

It all comes down to the fear.