RE: Tanker Offload Altera Wave15 Oct 2023 15:40
Production days July23 17 days
August23 31 days
September23 30 days
October23 12 days
TOTAL 90 DAYS less maintenance 10DAYS est = 80 days production @7000 could be7100 or even 7200 either way
=560,000 then take off uptime at say 95% less 28 barrels comes to 542000 estimate for this offload .
We dont know if production continues through certain topside maintenance AM also has storage tank reserve which may not be fully emptied so there could be a carry forward to next offload of circa 5 days production, certainly some oil in storage reserve as its always shown in accounts at year end/ 1/2 year as accrual produced and not offloaded
I would be looking for an offload prior to Christmas. Est say about 22nd Dec weather also a factor at that time. Gives us a possible 67 days x7000 =469000 plus whats in storage could make a part offload up to the 500,000 mark. If that happens we would have 3 offloads accountable for the March 1924 DCU payment.