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UK onshore oil and gas production in charts – December 2023
Daily onshore gas production was up 168% in December 2023 compared with the previous month, with the resumption of production at Saltfleetby.
Daily oil production was up nearly 5% in December 2023, with increases at Singleton (11%) and Wytch Farm (7%).
Flaring from onshore oil fields rose for the second consecutive month.
Full story here;
https://drillordrop.com/2024/03/04/uk-onshore-oil-and-gas-production-in-charts-december-2023/
PS Just under 30% of O&G fields are not producing anything.
Ocelot
Didn't take them long to change that. Now reads "The Company is also in discussion with a significant international trading house with regard to its participation in the Company's hydrogen storage project. "
Suggest you look up what a "trading house" is before overinflating.
At the last AGM UKOG had 21bn shares in issue.
Post GM UKOG will have either 32.5bn or 3.25bn shares in issue.
Post AM I expect UKOG to do a very quick cash raise and expect either 50bn+ or 5bn+ shares in issue.
The number of shares in issue will have doubled in just over a year. Good luck if you are trying to sell.
Records: 124,667
Field Production Data, PPRS (WGS84)
FIELDNAME HORSE HILL
FIELDAREA LAND
LOCATION Onshore
ORGGRPNM UK OIL & GAS PLC
UNITNAME HORSE HILL
UNITTYPCOD T
UNITTYPDES Onshore Oil Field
PERIODYRMN 202312
PERIODYR 2023
PERIODMNTH 12
PERIODMNNM December
PERIODDATE 15 December 2023
OILPRODMAS 188.658
OILPRODM3 223
OILPRODMBD 0.045
OILPRDDENS 846
AGASPRODMA 6.755
AGASPROKSM 7.59
AGASPROMMS 0.009
AGASPRODEN 0.89
DGASPRODMA 0
DGASPROKSM 0
DGASPROMMS 0
DGASPRODEN 0
GCONDMASS 0
GCONDVOL 0
GCONDMBD 0
GCONDDEN 0
GASINJCV 0
GASINJVOL 0
GASFLARVOL 7.59
GASFLARDEN 0.89
GASFLARNH 4.5
GASVENTVOL 0
GASVENTDEN 0
GASVENTNH 0
INJWATVOL 0
INJWATMBD 0
WATPRODVOL 168
WATPRODMBD 0.034
REINJWATVO 0
GASPIPCV 0
GASPIPVOL 0
GASPIPVOLM 0
GASPIPDENS 0
Reporting Period Month Name December 45 bopd
Oil Production Mass (tonnes) 188.658
m3 233
Associated gas production mass (tonnes) 6.755
Associated Gas Production Volume (ksm3) 7.59
Gas Flared - Volume (Ksm3) 7.59
Gas Flared - Non Hydrocarbon (%) 4.5
Water production volume (ksm3) 168
Reporting Period Month Name November 44 bopd
Oil Production Mass (tonnes) 176.814
m3 209
Associated gas production mass (tonnes) 6.124
Associated Gas Production Volume (ksm3) 6.881
Gas Flared - Volume (Ksm3) 6.881
Gas Flared - Non Hydrocarbon (%) 4.5
Water production volume (ksm3) 185
Reporting Period Month Name October 45 bopd
Oil Production Mass (tonnes) 187.812
m3 222
Associated gas production mass (tonnes) 7.309
Associated Gas Production Volume (ksm3) 8.212
Gas Flared - Volume (Ksm3) 8.212
Gas Flared - Non Hydrocarbon (%) 4.5
Water production volume (ksm3) 202
Reporting Period Month Name September 48 bopd
Oil Production Mass (tonnes) 195.426
m3 231
Associated gas production mass (tonnes) 6.93
Associated Gas Production Volume (ksm3) 7.787
Gas Flared - Volume (Ksm3) 7.787
Gas Flared - Non Hydrocarbon (%) 4.5
Water production volume (ksm3) 186
"Conversion of these Equity Shares by the Investors now reduces the balance of the £2 million gross first cash sum received to approximately £0.66 million."
This is why they have Resolutions 3 and 5 so they can raise the cash to pay off YA.
They still have to deal with "£0.5 million receivable by no later than November 17th 2023, and £0.5 million receivable no later than February 16th 2024," if it ever goes through.
At the next AGM you can probably expect a resolution to raise at least another 20 or 2bn shares depending on the outcome of the GM. Whichever way you look at it UKOG has cooked its own goose.
Wednesday 6 March 2024
9:45am
Courtroom 2
Judgment hand-down
Lifestyle Equities CV and another (Respondents) v Amazon UK Services Ltd and others (Appellants)
Lord Hodge, Lord Briggs, Lord Hamblen, Lord Burrows, Lord Kitchin
----
Bertino (Appellant) v Public Prosecutor's Office, Italy (Respondent)
Lord Hodge, Lord Sales, Lord Burrows, Lord Stephens, Lord Burnett
----
Merticariu (Appellant) v Judecatoria Arad, Romania (Respondent)
Lord Hodge, Lord Sales, Lord Burrows, Lord Stephens, Lord Burnett