Member Info for MatrixObserver

Is very old map MLQ, does not even have A6, latest map have found is on the "standard" layer on Kaz GIS...

https://gis.geology.gov.kz/maps/izy#

On a slightly different note, did see a link on ADVFN requiring translating... Had to double parse the text on image pages, but is not bad for automated effort... Is a doc that contains info on devonian drill to 6km.

https://anonfile.com/Kc9ahcx5n0/Aubakirov0417.ru.en_pdf

Cheers, MO

Agreed CC, but would put that in the more extreme section, especially the mass kickings and it is happening at a work site (rather than pre-arranged punch-up at footy ground), they are not paid to beat other employees up...

Anyway, every cloud has a silver lining, have found a nice set of stats re Kaz O&G activity for 2018, including top 10s for most categories, think CASP have a little way to go before in top 4 !!!

https://www.kazdr.kz/en/blog/how-much-did-kazakhstani-companies-earn-providing-services-oil-and-gas-operators/

i.e.

Table 1. TOP 10 oil producing companies of Kazakhstan in 2018
No. Company Oil production (ton) Tax payments (billion KZT) Procurement (billion KZT) Staff
1 Tengizchevroil 28.6 1,951 4,006 3,813
2 NCOC 13.2 103 361 2,683
3 KPO 12.1 680 272 4 102
4 Mangistaumunaigaz 6.3 373 336 4,446

Can see CCEP @ no.5, 69 billion KZT of work in 2018 (what originally was searching for)

Table 3. Top 10 companies providing construction services
No. Companies Sum, billion KZT Share (%)
1 Daewoo Shipbuilding & Marine Engineering (DSME) 539.2 35.5
2 TenizService 203.9 13.4
3 ErSai Caspian Contractor 194.2 12.8
4 Senimdi Kurylys 85.4 5.6
5 Consolidated Contracting Engineering & Procurement (CCEP) 69 4.5

Cheers, MO

Hi Taverham, They DO NOT directly...

But TCO Tengiz are our neighbours, so I would not want CASP to use CCEP for any of our construction projects after witnessing that behaviour, where were the bosses ? Tens of heavily booted workers, digging their heels in some random persons head, bricking coaches with no regard for the driver and passengers.

I suppose when you have 10s of thousands of mainly male staff in rotational camps, things can get tribal.

Is an observation, cheers, MO

Apparently a foreign (Libyan) worker posted a suggestive pic with a Kaz girl on Whatsapp...

Must admit, have seen a few brawls and puch-ups, but this seems a little more sinister and nasty...

Hope the culprits are sacked, not a good look for CCEP (the contractors) or TCO the customer.

Some links, please note is quite brutal in places.

https://www.youtube.com/watch?v=HJ4KIWiFdXw
https://www.youtube.com/watch?v=-ghz1_Y05lY

https://www.lada.kz/aktau_news/incidents/71607-besporyadki-na-tengize-nachalis-iz-za-foto-v-whatsapp.html
https://www.kt.kz/rus/incidents/neskolko_chelovek_postradali_v_rezultate_massovogo_1377886347.html

Cheers all, MO

So FK is not just a pretty face and eye candy ;-}

Are some interesting docs and illustrations about Caspian devonian geological formations, to the east/south-east of BNG contract area is the South Emba Uplift, this was forming in the middle devonian period and was present late devonian, this is where the Kungarian salt ends, so is pretty much "end of the world" in pre-caspian deep-oil geological terms and hopefully the perfect trap for the devonian intervals.

Can get an idea from page 7 on this doc, has some other interesting bits too...

http://www.searchanddiscovery.com/documents/2015/10711blackbourn/ndx_blackbourn.pdf

Not the best of image quality in above doc, can see much clearer/legible pics about 1/3 down webpage...

https://www.geoexpro.com/articles/2013/12/jurassic-hydrocarbon-reservoir-systems-of-the-central-caspian

Only way of finding out, is drilling !!!

Good luck all CASPers, MO

Good morning all....

If not already seen (posted on PMO), Putin and MSB have informally extended OPEC / OPEC+ production quotas for rest of year...

https://www.bloomberg.com/news/articles/2019-06-29/putin-says-russia-saudis-agree-to-maintain-oil-cuts-6-9-months

Cheers, MO

Hey all CASPers

MJF Field Development Plan Meeting, commences at 11am local Kaz time (7am UK).

Hoping to be able to bring the approved protocols at some point. Also seen strategic neighbours Kulzhan applying for 4 new wells.

Approved FDP Is imperative step for production licence according to legislation. For example..
--
Approval of the hydrocarbon crude deposits development project, item 4...
- THE PROJECT OF MINERAL RESOURCES DEPOSITS DEVELOPMENT (necessarily , job specifications )

Can see full requirements (is fat link)...

http://elicense.kz/LicensingContent/Passport?servicesType=El4&servicesParameters=%7B%22PackageCode%22%3A%222014.%D0%9C%D0%98%D0%9D%D0%A2.%D0%A017%22%2C%22ServiceCode%22%3A%222014.%D0%9C%D0%98%D0%9D%D0%A2.%D0%A017_3%22%2C%22VersionPackage%22%3A%221.0.0%22%2C%22OperationTypeId%22%3A%221%22%2C%22ActivityTypeCode%22%3A%22EL4-R14_MINTR17-V1%22%2C%22SubActivityTypeCode%22%3A%22EL4-R14_MINTR17-V1-P3%22%7D&lang=en#

Also have some thoughts on recent A8 speculation, bwaaaahhhh, should be drilling on by now...

Have a few other moans, but will save for antoher day :-)

Good luck all CASPers, significant time... MO

Thought SK was from... Brrrrrrrrrrrrr-mingham :-)

Good news on Zama, with anticipated low breakeven costs and larger recoverable volumes, should improve its valuation.

Have had a look at Goldman Sachs CFDs, looks like most are still in the money (probably >60%), 78p looks like first main battleground, then if above 90p would change the picture significantly, is amatuer view.

The best CFDs were taken around 114p during the last week of Oct 2018, 10/10 to who called them.

Good luck all PMOers, MO

Also if interested, Stena Sirita has started its rounds...

Looks like is the usual Balder FPU first, then Enquest Producer for Alma pickup, no idea exactly how many days, but would imagine is a bit over 2 months since last offload.

https://www.marinetraffic.com/en/ais/details/ships/shipid:372020/mmsi:311000038/imo:9188099/vessel:STENA_SIRITA

Good luck all ENQers, MO

Good morning Chilts...

Did have a look at the Woodford Fund in question (the suspended fund), and did observe had a 0% weighting in O&G stocks.

Cheers, MO

In all cats...

API larger than expected draw, see what EIA says tomorrow

API Weekly Energy Inventories (25 June 2019):

Crude -7.55mln (exp. -2.5mln, prev. -0.8mln)

Cushing -1.26mln (exp. -0.17mln, prev. +0.5mln)
Gasoline -3.17mln (exp. +0.3mln, prev. +1.5mln)
Distillate +0.16mln (exp. +0.5mln, prev. -0.05mln)

Thanks to Colebrooke on PMO board... MO

No probs TR61

Just to add, following further research, Ensco 8503 also has dynamic positioning (8 thrusters), so can be moored or DP2, so I'm not sure if will need several anchor tugs (typical in North Sea), or can sort self out and just have one big tug take it back to the US. GoM.

i.e. ENSCO 8503 ENSCO 8500 Series, DP + Moored
Next Customer: Apache - U.S. GOM - Contracted for four wells expected to commence in Jun. 19

Full rig info: http://s1.q4cdn.com/651804090/files/docs_rigspecs/ENSCO%208503.pdf

Sometimes forget how deep the Gulf of Mexico is in places, Zama in approx 165m of water !!!

Cheers, MO

Hey Pelle

Think are complete with Scolty/Crathes replacement pipeline works, have not seen any pipelaying or crane ships around Kittiwake for a while...

Is hard to guess uplift, but would hope to get 4k bopd from Scolty as has been shut-in pretty much whole life, is a wait and see...

Good luck, MO

Cheers L3

Navion Anglia has finished his frollick with AK, phew, was getting out of hand, lol.

Make it about 26'ish hours, poss 27 for probably a 525k +/- 5%, and make that ~11 days between leaving and leaving.

Good luck all, best interval in over 13 months... MO

Hey all

I realise was not exciting news.... and is not core asset, but is good practice to get highest recovery factor from each well, even 805, 806 and 807), three reasonably sized intervals to test, every little helps with offsetting costs.

It goes with MER (maximise economical recovery) philosophy, that is all the rage in O&G industry.

Is tiny when compared with gas estimates from A5 or 801, can see from below...

A5 for 90 days was 5.8275 million m3 gas
801 for 90 days was 2.4975 million m3 gas

Where as (and it is not as gassy as the deeps)

143 (interval 3) for 90 days was 0.175545 million m3 gas
142 (interval 5, edge of field) for 90 days was 0.0648 million m3 gas

Gives some idea, but have not yet cracked the conversion, nearly there, need more well data.

Cheers all, MO

Some PMO tidbits...

Can see Zama rig (Ensco 8503) at below link, has been busy with support vessels, but as of yet no anchor handling tugs on-site indicating imminent move.

https://www.marinetraffic.com/en/ais/home/centerx:-93.537/centery:18.841/zoom:16

If also interested, Catcher has had 3rd offload in 22 days, 2 to Gdansk, Poland and 1 to Rotterdam.

Good luck PMOers, MO

Hey all CASPers

Have seen today on elicence, new well 805 permit, for 3 x 90 day tests on deeper intervals, 3, 4 and 5 (have various gas rates).

http://elicense.kz/Licenses/Details/7245875

In summary translation...

--
06.25.2019 - 20.03.2020

When testing objects ? wells in a volume of 805 m³ 0.118368 million, including:...
1) 0.046854 million m³ in the test object U-V intervals in 2429,0-2432,0 m Test period: 90 days
2 ) 0.041922 million. m³ when tested Yu-IVa object at intervals 2398,0-2411,0 m . Test time:.. 90 days
3) 0.029582 million m³ in the test object in the Yu-IIIb intervals 2366,0-2378,0 m test period: 90 days
--

Good luck all, MO

Looks like Navion Anglia is trying to mount AK now, lol

https://www.marinetraffic.com/en/ais/home/centerx:1.286/centery:59.923/zoom:17

Think can put it down to rare GPS error, certainly not seen that one before, is only one AIS reading.

Good luck all, may the Poo be with you... MO

Strange looking past track on AK... Not seen like that before, maybe is glitch.

https://www.marinetraffic.com/en/ais/home/centerx:1.288/centery:59.924/zoom:16

Seems to have moved in reverse from normal track, MO

Hey KO

Is now back to the levels of Jan/Feb 2018, so is good news, as AK is almost certainly at best production performance since then.

Defo DC4 has help balance the inputs to AK, good luck all, MO