Member Info for Ibug

I'd be more worried about the AK47's than the weather. Those countries that still allow travel have warnings out about the area. No news on drilling at East Sadak which was supposed to start last month.

Rubbish. Some BKP drivers do it all the time.

"Back on the greedy shift for
@MTSCleansingLtd
&
@SouthernWater
then home to make a start on the stock for
@carpleads_uk
! Happy Saturday Folks! Blue heart #TGIF #weekend #SaturdayMorning
7:50 AM · Feb 20, 2021 from Vitacress·Twitter for iPhone"

"University of Surrey. Vet school pathology collected treated animal mortuary washings. Not your normal collection
@N66BKP

@VolvoUsedTrucks

@mattribe141

@Grgwasteuk

@GroupBkp

@GrundonRecycle"

Use of @GroupBkp and http://bkpgroup.com in tweets could be called advertising.

Trillpunter

All winer events. Didn't seem to stop them then and It is winter for another month. You could at least try and get some truth into your posts.

DOGU SADAK-1 completed 31/12/13
Petek-1 well was put on production in 11 February 2014
PETEK-3 Spudded 15.03.2019

No. But the drivers are posting on twitter.

nomlungu
My opinion only.
They are hardly likely to get a placing away at the moment. For one, the hot oil truck is on site at HH which probably means they are cleaning up HH-1 again. Sightings of tankers have been few and far between in the last few weeks. Secondly, with the terrorist threat in Turkey being kept quiet here and no news on spudding Basur 3 there is hardly any good news to interest ii's or PI's in taking part in a placing. Similarly I'm not even sure YA would be interested at this stage. Those taking part need to know they are going to make a profit otherwise why bother.

Gultekin
Perhaps you could point us in the direction of the Turkish version of the Oil and Gas Agency where they have all the details of the licence areas and production figures for the oil fields.
TIA

TH2
You do realise it's not a production well(s). All that gas is going to be flared off so all your imaginary money will go up in smoke.

Unfortunately we all know what happened when they drilled two "slant" wells at BB. A lot of PI's are probably still locked in from that experience imo.

TH2
N33 was at University of Surrey. Vet school pathology collected treated animal mortuary washings. Not your normal collection
N66 was just off the A3 at a burger bar.

No doubt you will be putting 2 and 2 together to make 4.

Yeah. 1 post in the last 2 years and suddenly becomes a pumper. LMFAO

back on site

Scout Reports that I have found are few and far between.

December 2013 DOGU SADAK-1 put on production.
May 2014 Basakli-1, Petek-1, ARPATEPE-7 and ARPATEPE-8 put on production.
September 2014
January 2015
October 2015 DOGU SADAK-2/S put on production.
April 2016
December 2016 Now has 6 production wells at Arpatepe. EAST SADAK-3 put on production.
November 2018 East Sadak 8 put on production.
December 2019 PETEK-3, EAST SADAK-11S put on production. No production since June 2019 at Basakli.

How this ties in with oil production per year.

2014 80k
2015 110k
2016 150k
2017 175k
2018 500k
2019 320k
2020 275k = over 750 bopd for all the wells (gross). AME are mostly 50% farm in apart from East Sadak.

I haven't mentioned fields that were relinquished or wells that were drilled and not put into production. Last well drilled at EAST SADAK was number 12. East Sadak 13 and 14 were planned for January and March as was Basur-3 in January.

Zeynel, Arpatepe, Karakilise, Petek and Dogu Sadak are the only fields (5) that I could find recent flow rates for although SS has said there are 6 and I think CS said the same.

$13/bbl is better though in the UK. "Overall asset level opex now reduces to approximately $13/bbl"

Brent was about $44 then so that makes no sense to me.

Mirasol
You still don't get it do you. It is production equipment. Nothing to do with testing.

Mirasol
It was for the production equipment which is totally different from what is required for an EWT. I don't think PW Well Test would part with the equipment from the core business.

Can't say it has affected the SP for 1st or 2nd installment in any way.

FKC
I bet they are still using it in 25 years time. It is probably mostly metal in one form or another which lasts for years. Three queens are still floating and look at the age of them. All over 50 years old. Other fields are still using the equipment they started producing with. You don't buy equipment with a finite life. Even SS isn't that stupid. We will never know if he got a good deal or not as we don't even know what was actually purchased.

FKC

"all existing PW Equipment used to produce oil and gas at Horse Hill. "

2nd hand yes as it was already on site but it would have been bought fit for purpose new imo and then painted in PW livery. We don't know how much PW paid for it.

Last day to get your comments in. Consultation period closes tomorrow. About 600 new comments have gone in since new plans were submitted. Next 2 meetings are;

16 Mar 2021 4.00 pm
27 Apr 2021 4.00 pm