Calculator fun for the bored17 Apr 2020 12:57
If 1 SAYERS tanker holds 37500 litres, at 157 litres per barrel that's 238 per load (more than previously carried I think) Two per day equals 476. Ukog oil costs about $18 per barrel to extract so as todays Brent price is $27.8 at the moment and $/£ rate is £0.80 So therefore the 476 litres at £0.80 is £3808. We don't know at the moment if this is just HH1 or both wells but I expect both chokes are minimal as is the staff during this period. I would suggest we are one of the only oilers making production profit at this time. GL all LTH