Member Info for Ibug

"In a statement to DrillOrDrop, HHDL’s parent company, UK Oil & Gas, said:

“In October we were producing back completion fluids from the Horse Hill-1 well intervention, with the resumption of formation water production being in November.”

Completion fluids are typically brines used to complete a well, or make it ready for production."

N66 BKP ™
@N66BKP
This time tomorrow I will be there
@bp_plc
5:10 PM · Jan 31, 2021·Twitter for iPhone

At the end of October I only have evidence of one County Clean tanker paying a visit to HH which is normally used to clear out the bund if it is clean. It did have a non-haz plate. It was the big trailer.

They didn't report any water for March or April. These things happen.

Works out at 128 bopd if you take into account the 37% production uptime.

Field Production Data, PPRS (WGS84): Horse Hill
Field region LAND
Reporting unit name HORSE HILL
Reporting Unit Type Code T
Reporting Unit Type Description Onshore Oil Field
Operator Organisation Group UK OIL & GAS PLC
Onshore,Offshore Flag Onshore
Reporting Period in yyyymm format 202010
Reporting Period Month 10
Reporting Period Month Name October
Reporting Period Year 2020
Oil Production Mass (tonnes) 197.12
Oil Production Volume (m3) 233.00
Oil Production volume (mb/d) 0.05
Oil production density (Kg/m3) 846.00
Dry gas production mass (tonnes)
Dry gas production volume (ksm3)
Dry Gas Production volume (MMscf/d)
Dry Gas Production Density (kg/sm3)
Associated gas production mass (tonnes) 4.28
Associated Gas Production Volume (MMscf/d) 0.00
Associated Gas Production Volume (ksm3) 4.00
Associated Gas Production density (kg/sm3) 1.07
Gas Condensate mass (kg)
Gas condensate volume (ksm3)
Gas condensate volume (mb/d)
Gas condensate density (kg/sm3)
Injected water mass (tonnes) 0.00
Injected water volume (m3) 0.00
Injected water volume (mb/d) 0.00
Water production mass (tonnes) 0.00
Water production volume (ksm3) 0.00
Water production volume (mb/d) 0.00
Reinjected produced water volume (m3) 0.00

Ooops. That is just on Horse Hill.

UKOG have spent the best part of acquiring and running £30m (just under 26m alone on acquisition) so far. Any guesses as to when it will return that amount?

Ozzy52
So why make the comment in the first place? It is no fun watching the number of family and ex colleagues of all ages depart us.

They haven't done too bad on the $20m raised. They have drilled over 14 wells (some 50% farm in, 12 at 88%) since 2013. Guess they needed another input of cash to carry on exploration.

I was Admiralty Court and it was what TH2 posted in November. I wouldn't be so stupid unlike some on here.

TH2
I am pretty sure there are plenty more posts like this. This is what you said last time and look what happened. Best to keep QT imo just in case you get bit again. You must have a really sore bum by now.

Loxley - 27th November.03 Nov 2020 11:09
No legal case to refuse, so it should be just a rubber stamp exercise this time after the lefties had their riot acts read last time.

The Proceeds of the Placing will, therefore, be used primarily to support and fund UKOG's share of initial Turkish Licence operations costs, to include the purchase of long-lead drilling equipment, construction of a drilling pad and necessary preparations for seismic acquisition.

Stockraiser

Yes, but. Have you considered all the extra admin expenses incurred? Admin is always the indeterminable imo. Appeals, resubmission of planning applications, other applications, consents, Judicial reviews, studies, reports etc all add up. Never under estimate admin costs which have been rising by about £1m a year for the last few years.

https://twitter.com/N66BKP/status/1355191155487600649 He was the one that went in yesterday PM.

Did the tanker come out with non-hazardous plate on as well.

Yes, but AME will charge them for the use. You are talking $3m a well.

"Drilling costs are also forecast to be significantly lower than for a comparable well in the UK. AME's cost estimates for a 1500 m depth well in the Licence are around $3 million gross. "

"To earn its 50% interest in the Licence, the Company has agreed to fund 100% of the first of 5 commitment wells in the Licence's 5-year exploration term, together with a small 2D seismic survey with an expected cost of $1-$1.5 million. UKOG's net expenditure for the one well plus seismic programme is capped at USD$5 million maximum expenditure. Thereafter, the Company will fund its 50% interest share expected to be c. $1.5 million per well."

"In view of this, should the application be successful I recommend that a staged programme of archaeological works is carried in advance of, and during phase 1 of the development. This will include pre-commencement trial trench evaluation, the results of which will inform on the appropriate mitigation. I would suggest the following condition:
No development shall take place until the applicant or their agents has secured the implementation of a programme of archaeological works in accordance with a Written Scheme of Investigation which has been agreed in writing by the County Archaeology and Historic Environment Service and approved by the planning authority. The development shall be carried out in accordance with the agreed details.
Reason: To mitigate the effect of the works associated with the development upon any heritage assets and to ensure that information regarding these heritage assets is preserved by record in accordance with Policy DM11 of the Isle of Wight Council Island Plan Core Strategy."

I wonder who will be called upon to carry out the work if it becomes a condition?

Penguins
I posted the link on here in mid-December. I don't think many have investigated the information on the site. I have only found 6 reports and don't expect to find any more unless I take a course in Turkish which is never going to happen. I have done my research for what I need.
The information coming out from the other partners in Turkey is also very limited with production figures seeming to stop in 2014.

Ozzy52
Not a suggestion. It was fact. Taken from the "1965 Petrol Faaliyeti" document (pdf). It translates as "1965 Petroleum Activity" if you can be bothered to find it.