Member Info for Ibug

Adrian back again.

And as for the the expert. Sounds like that gag reflex is back. Happens whenever he can never swallow bad news. See it all too often on here.

Sounds like that is what Ocelot should have done instead of just sitting and watching it rot away. How is it they are always wiser after the event.

Present and past

Reporting Period Month Name August 58 bopd
Not the 100bopd some were predicting.

Month bopd
May 21 100
Jun 21 95
Jul 21 92
Aug 21 82
Sep 21 45
Oct 21 63
Nov 21 60
Dec 21 62
Jan 22 60
Feb 22 59
Mar 22 61
Apr 22 55
May 22 50
Jun 22 54
Jul 22 6
Aug 22 58

Receipts for August $98.60 x 58 x 31 = $177,283
Receipts for July $108.92 x 6 x 30 = $19,890
Receipts for June $120.08 x 54 x 30 = $193,358
Receipts for May $112.37x 50.5 x 31 = $175,995
Receipts for April $105.78 x 54.5 x 30 = $172,993
Receipts for March $115.59 x 61 x 31 = $218,581
Receipts for February $95.76 x 59 x 28 = $158,195
Receipts for January $85.53 x 60 x 31 = $159,086
Receipts for December $74.31 x 62 x 31 = $142,824

Receipts for September will probably be down as Average price of POO was about $90 and October will be about $94.

https://www.livecharts.co.uk/MarketCharts/brent.php

Minimum timeline to future events.

Loxley
6m to get site ready. 1y to drill and test. 1 y to carry out EWT. 4y to get all permissions to produce and raise money. Appeals? = 6y +
Portland
2 years for planning. Another 2 years to get to filling the caves stage = 4 years

Horsehill
Seems to have fallen by the wayside.

Geothermal
Seems to have fallen by the wayside.

Solar
Seems to have fallen by the wayside.

Always DYOR though. You may come across something I have missed.

SS shares worth about £6848. He has paid £11,000 + fees so far. Down 38%. I bet a certain other expert is feeling his pain as well.

I don't think production could have been any worse. Hardly rocket science to spot.

"Horse Hill
This UK Oil & Gas site in Surrey, once nicknamed the Gatwick Gusher, dropped out of the top 20 producing fields in July 2022 as it reported the lowest ever figures on all measures since the well went into production.
Oil production weight dropped from 216 tonnes to 25 tonnes for the month, and from 53 bopd to 6 bopd. Volume was down from 256m3 to 30m3.
DrillOrDrop asked the Horse Hill operator for the reason for the fall. It did not respond. There have been no updates to July 2022’s figures on the NSTA database since they were published. The only recent formal statement about Horse Hill production was in August 2022. This said:
“Following the Environment Agency’s full Horse Hill production consent in May this year, a new Unico pump has recently been installed in the HH-1 oil producer. The prior pump is being refurbished as an additional spare. Preparatory work towards converting HH-2z into a produced saline water reinjector continues.”"

Trader76
This will be the last month he has to buy shares. If he buys more at the end of December start looking for a bright star in the sky to the East.

Did you know that not one of the numerous wells drilled in the AME/UKOG has produced any oil. Even the National Oil Company has failed to find oil there.

The expert is very good at posting links to articles we can't read.

You’re unable to view this Tweet because this account owner limits who can view their Tweets. Learn more

In this case it is probably not worth reading. The reason they restrict access is because they are afraid of the comment others will make about the utter BS, lies and conjecture they post.

Obviously some have been working hard in the background to get posts removed. For those who don't know what is actually going on with the company these are the only assts producing anything. All the rest is just hot air.

elle

Keep it up, the sun doesn't shine there.

Reporting Period Month Name August 58 bopd
Not the 100bopd some were predicting.

Oil Production Mass (tonnes) 242.80
Oil Production Volume (m3) 287.00
Oil Production volume (mb/d) 0.06
Oil production density (Kg/m3) 846.00

Associated gas production mass (tonnes) 5.42
Associated Gas Production Volume (MMscf/d) 0.01
Associated Gas Production Volume (ksm3) 6.00
Associated Gas Production density (kg/sm3) 0.89

Gas Flared - Volume (Ksm3) 6.00
Gas Flared - Density (Kg/sm3) 0.89
Gas Flared - Non Hydrocarbon (%) 4.50

Water production volume (ksm3) 143.00
Water production volume (mb/d) 0.03

Reporting Period Month Name July 6 bopd
Oil Production Mass (tonnes) 25.40
Oil Production Volume (m3) 30.00
Oil Production volume (mb/d) 0.01
Oil production density (Kg/m3) 846.00

Associated gas production mass (tonnes) 0.66
Associated Gas Production Volume (MMscf/d) 0.00
Associated Gas Production Volume (ksm3) 1.00
Associated Gas Production density (kg/sm3) 0.89

Gas Flared - Volume (Ksm3) 1.00
Gas Flared - Density (Kg/sm3) 0.89
Gas Flared - Non Hydrocarbon (%) 4.50

Water production volume (ksm3) 14.00
Water production volume (mb/d) 0.00
Reinjected produced water volume (m3) 0.00

Reporting Period Month Name June 54 bopd

Oil Production Mass (tonnes) 216.60
Oil Production Volume (m3) 256.00
Oil Production volume (mb/d) 0.05
Oil production density (Kg/m3) 846.00

Associated gas production mass (tonnes) 7.88
Associated Gas Production Volume (MMscf/d) 0.01
Associated Gas Production Volume (ksm3) 7.00
Associated Gas Production density (kg/sm3) 1.07

Gas Flared - Volume (Ksm3) 7.00
Gas Flared - Density (Kg/sm3) 1.07
Gas Flared - Non Hydrocarbon (%) 4.50

Water production volume (ksm3) 157.00
Water production volume (mb/d) 0.03
Reinjected produced water volume (m3) 0.00

Month bopd
May 21 100
Jun 21 95
Jul 21 92
Aug 21 82
Sep 21 45
Oct 21 63
Nov 21 60
Dec 21 62
Jan 22 60
Feb 22 59
Mar 22 61
Apr 22 55
May 22 50
Jun 22 54
Jul 22 6
Aug 22 58

Receipts for August $98.60 x 58 x 31 = $177,283
Receipts for July $108.92 x 6 x 30 = $19,890
Receipts for June $120.08 x 54 x 30 = $193,358
Receipts for May $112.37x 50.5 x 31 = $175,995
Receipts for April $105.78 x 54.5 x 30 = $172,993
Receipts for March $115.59 x 61 x 31 = $218,581
Receipts for February $95.76 x 59 x 28 = $158,195
Receipts for January $85.53 x 60 x 31 = $159,086
Receipts for December $74.31 x 62 x 31 = $142,824

Receipts for September will probably be down as Average price of POO was about $90.

https://www.livecharts.co.uk/MarketCharts/brent.php

Pboo
I spent hours in court giving evidence on the quantity and quality of crude oil so I do know what I am talking about. I have crude oil burns to show for it. What qualifications do you have. I'm sure the quality of net curtains makes you an expert.

The Portland has never been "Brent" quality. Only the Kimmeridge produces that. Something UKOG have always kept quiet.

https://drillordrop.com/2022/11/14/latest-onshore-oil-production-august-2022/

Horse Hill
The UK Oil & Gas site, once nicknamed the Gatwick Gusher, returned to former levels of production in August 2022, after a drop to 25 tonnes (30m3) in July 2022. The August figure is the highest recorded at the site since March 2022. But production remains 75% down on the peak in April 2020. The site operator, UK Oil & Gas, reported in August 2022 that a new pump had been installed at the site.

UK Oil & Gas plc also rose, from sixth place to fourth, with increased production at Horse Hill.

Comparison with all the Weald producers. Not something onshore UK oilers should be proud of.

Brockham

Oil Production Mass (tonnes) 40.30
Oil production density (Kg/m3) 844.00
Water production volume (ksm3) 97.90
Injected water volume (m3) 97.90

Pros. Oil quality better than HH. Can reinject water.
Cons. Low production. Amount of water produced.

Horse Hill

Oil Production Mass (tonnes) 242.80
Oil production density (Kg/m3) 846.00
Associated gas production mass (tonnes) 5.42
Gas Flared - Volume (Ksm3) 6.00
Water production volume (ksm3) 143.00

Pros Top Weald producer.
ons. Not Brent quality which is about 0.835. Waste disposal costs.

BLETCHINGLEY
Oil Production Mass (tonnes) 226.60
Oil production density (Kg/m3) 833.00
Associated gas production mass (tonnes) 80.83
Gas Flared - Volume (Ksm3) 62.00
Water production volume (ksm3) 67.00

Pros. Good quality oil.
Cons. Waste disposal costs.

PALMERS WOOD
Oil Production Mass (tonnes) 151.60
Oil production density (Kg/m3) 833.00
Associated gas production mass (tonnes) 1.00
Injected water volume (m3) 166.00
Water production volume (ksm3) 2,544.00

Pros. Good quality oil. Can reinject water.
Cons. Waste disposal costs. Amount of water produced.

I wouldn't take financial advice from any expert on here, especially those that don't have a clue what they are talking about.

Peekaboo
You are not invested here. Why are you here? Lonely? Failed net curtain salesman? You sound just like a primary school teacher. If you really want to be insulted I suggest you go to Adrian's twitter account. He really does love you.

Pboo
WTF has it got to do with you. Peering out from behind your net curtains still. Who sent the information to Share Talk?

"Good afternoon from #HorseHill site #UKOG tankers lining up (haz plates) thank you to @davethedrill1 for sharing???N66 BKP & N80 BKP???on their way to #BP Hamble #Oil Terminal #Southampton ????"

I rest my case.

elle
I'm on filter. When someone is a habitual liar it is very difficult to believe anything they say. Sounds like it is one of your traits as well.

It was N22, not N80 and it doesn't carry as much oil as it was the vacuum trailer. If he is going to tell porkies about the simple things may you get all you deserve.

More like Ancient History
Poor old elle is going back into the annals of history to regurgitate more rubbish.
HH has been ready for ages. UKOG just don't have the cash to carry it out. It has to be bad if they can't even afford a rig to sort out the reinjector at HH-2Z. Then again have they worked out what is really going on under the surface between the two.

Turkey Basur is H1 not Q1 Q2. Just goes to show how confused he is.

If they haven't picked up Loxley now they never will. With the SP putting UKOG as the lowest priced "Oiler" you could buy the company for pocket money.

As for geothermal and Hydrogen hub; who is he kidding?

He has forgotten about the SOLAR project for HH.

Unfortunately elle is just another failed investor who has been conned by the usual suspects on here. Every time he bought the price dropped. It must be sole destroying for him. No wonder he gets so het up.

The next placing should calm him down.

And yet Adrian makes such a big thing of it. The NSTA give us the real figures every month so we can tell when he has been telling porkies. On average it is 2 oil tankers for every waste tanker.

Jan 22 60 $159,086 85.53
Feb 22 59 $157,811 95.76
Mar 22 61 $218,581 115.59
Apr 22 55 $172,993 105.78
May 22 50 $175,995 112.37
Jun 22 54 $193,358 120.08
Jul 22 6 $19,890 108.92
Aug 22 58 $177,283 98.60

Never been above 60 bopd all year and you can guarantee it will fall again in September ( 56 bopd imo).