RE: Rns misunderstood by Investors/traders... Big 6m payzone hit25 Mar 2025 10:27
Yep , flows are key, you just never know in this sector, crazy rates from narrow reservoirs spread over many miles, to the strange links, Wytch Farm in Dorset, sold by BG to BP back in the 70's as a 20mbo discovery, on BP development, it ended up at a peak of 100,000 bopd field, for many years and the highest in Europe for over 20 years. About 4 years ago the French Major now in charge , gave an updated reserves estimate of near 400mbo after all those decades of high production (BG must be s.a.a.p)
Turned out the onshore Dorset Farm being constantly refilled by a monster offshore Kimmeridge reservoir drainage.
You just never know..........GLA