Member Info for MatrixObserver

Hey Jester16

Think MJF international prod licence (Yelemes South, North Unit) will cause SP increase, should do as unlocks (just for MJF on 20m 2P barrels @ net $25 per barrel) > $500m NPV, will certainly feel like first red bus to MO... and educate us to be efficient in taking Airshagyl to full licence etc...

Must admit, MJF is for cash flow, Deeps are for long pleasure :-)

Good luck, MO

Hey Chilts

Not a holder, but have been observing... Looks like sound principled technology (Bosch no mugs), I would be interested in comparison of Gas powered turbine tech veres Ceres Power Cell.

If performs well, could stick a multi stacked mini station next to a gas storage/holder tower, for electric and heat power.

Anyway, good luck CWRers, MO

Hey CC

Have been observing KNOC's Kulzhan for a while (Local comapny is Meerbusch), especially when discovered was being used to process MJF oil via truck already.

Some recent production figures that have found from KNOC, is amalgamated but gives some idea.

KNOC Caspian - (As of October 2018)
Phase Block Operator Reporting to Gov. Korea’s Share (%) KNOC’s Share (%) Korean Participants
Production Arystan Kulzhan KNOC Dec. 2009 85 85 -

KNOC acquired Arystan and Kulzhan, which were in the development and exploration phases, respectively, by purchasing KNOC Caspian (formerly known as Sumbe) with a working interest of 85% in December, 2009. Production contracts were drawn up in October 2012 for Kulzhan and in April, 2014 for Arystan. As of October 2018, combined daily production stood at 8.9 mbbls.

Can find at: http://www.knoc.co.kr/ENG/sub03/sub03_1_1_2.jsp

Cheers, MO

Cheers CC

Great info re Baker Hughes and soooper-doooper powerful completion charges for A6, just what the doctor ordered, will probably be used at all deep well completions from now.

Baker Hughes would also be my choice to assist with 801 Acid Frac (if required), as they are the purveyor of DeepSpot Tech, looks good on video anyway...

https://www.youtube.com/watch?v=Vj_YZUez8Tc

Good luck all, MO

Good moprning all

From my limited Alma/Glaia experience, when not a smaller tanker (i.e. Anneleen Knutsen, max 250k), in this case Stena Sirita (max >700k), the tanker will typically serve two separate offloads.

Usually this was Balder FPU -> Enquest Producer -> back to Balder FPU

Oil is not mingled, is segregated in 1/3 EP and 2/3 Balder

Hope this helps a little, did see that Philli refinery blast, pic below looks a little like a nuke, was mainly propane !!!

https://s4.reutersmedia.net/resources/r/?m=02&d=20190621&t=2&i=1400280383&r=LYNXNPEF5K20Z

Sure some Kraken oil has been sent to Philli in the past, not sure how many refineries are there...

Good luck all, MO

Thanks to all CASPers who posted feedback on AGM, both here and the other place...

Much appreciated, have great weekend all...

Cheers, MO

Hey Chilts

Scott Spirit is now on way to Skarv Field, is Navion Anglia for AK, same ETA..

Happy Summer Solstice to all, Did not realise is Holiday in Scandinavia, have a good mid-summer fest, no dancing naked round the pole, lol :-)

MO

Was -2 Jan...

https://bakerhughesrigcount.gcs-web.com/rig-count-overview?c=79687&p=irol-rigcountsoverview

Have good weekend all, MO

Good day all ENQers...

Whilst do a ship scan observed some AIS contradiction, ~10 miles south-west of Gothenberg, is Navion Anglia, when just hovered over, says destination is "GB Kraken", also have Scott Spirit with same destination...

Is probably glitch, is nothing important...

Good luck all, MO

Good Day all CASPers

Is good news today and hopefully Field Development Plan ratification next week will seal the deal.

Also, one other activity from MoE, from elicense, have issued new MJF flaring permit (none been issued for 2-3 months) for 142, for interval "V" (2419,0-2424,0m).

http://elicense.kz/licenses/DownloadFileById/7236642?documentId=8699958

Cheers all and good luck at AGM, MO

Cheers Sankeys...

MO must check the small print :-)

Page 20 - bottom - "Reference to Zama Consortium is inclusive of Pemex at an equity rate to be determined by the unitization process. Other partners in the Zama Consortium include Talos Energy (operator), WintershallDEAand Premier Oil"

All the best, MO

Hey CC, same to you...

Is a fat interval at A8, good measuring sir !!!

Hope they get a decent coiled tubing rig for 801, are some monster units out there, need a modern and powerful unit, they use them frequently in USA GoM and Saudi, here's a high spec unit from a few years back (2012), so maybe something around or above this...

http://www.drillingcontractor.org/xtreme-drilling-introduces-23500-ft-capable-land-coiled-tubing-well-intervention-unit-12454

Is quiet in the CASP Matrix at the mo, will be sure to share if discover anything interesting...

Cheers, MO

Hey KO, hope are well...

According to presentation, first year earnings (based on 150k bopd and $65 Brent) = $2.6bn Gross to consortium = $650m Net to PMO... Also states has a breakeven less than $20 per barrel (one of the lowest).

Cheers, MO

Looking at the JPM presentation, some great diagrams and virtual images of Zama... Link below if needed...

https://s22.q4cdn.com/446717946/files/doc_presentations/2019/06/TALO-JPM-Conference-June-2019-vF.pdf

Cheers, MO

Hi Londoner7

Are two parameters that ultimately limit storage on a tanker... First is Capacity, this is in Cubic Metres (m3), the second is deadweight usually in metric tons.

For Atalandi = Capacity of volume (Cubic (98%)) = 120324m3 and summer deadweight (colder water is more bouyant) of 105306MT.

The volume is static 6.29 barrels = 1m3, weight is variable and dependent on the weight/API Gravity of the Crude, i.e. Kraken Crude is 14API, so is some 15% heavier than 30API brent for the same m3 volume, this is where volume capacity is reduced, as the weight of the crude at max volume exceeds the deadweight, therefore max capacity has to be reduced.

http://www.sigma2c.com/16api_gravity.html

It can become further compicated with ballast and compartmentalisation etc, so is always best guess, a good indicator is AK offloads at around 20k barrels per hour.

Hope this helps a bit... MO

No probs Londoner7, hope can help with complexities of shuttle offloads...

Remember transportational economics are also involved as most AK offloads go to USA, so on occasion (pleased to say, very rarely lately) if AK's experiencing problems the final tanker will wait, sometimes 6 days, sometimes like March 2018 = 20+ days !!!

Hope AK can keep it up... Every little helps...

MO

Londoner7

Is complicated to calculate offload size, variable ballast can make it almost impossible to guess, think 500-525k is probably normal now for this 12 dayer...

Have computed with assistance of Q88 12.2m on SN = 506k barrels of 14 API oil, is 42k+ bopd offloaded when accounting for fuel.

Hope this helps, is not simple maths unfortunatley, MO

LOL Londoner7... Stena Natalita has gone stealth mode, anti torpedo !!!!

Is sadly less exciting reason... Stems from poor/no AIS receiver in range, on MarineTraffic if no update has been received in 24hrs, will disappear from map, pretty sure will be there for a couple of hours more in the real world...

Cheers for good ENQ input, MO

Hey SpinD, hope nautical antics are going well ;-}

Japanese destination... Not according to AIS, oil tanker enroute to Taiwan, and Methanol enroute to Singapore...

Oil tanker is being towed now, chemical tanker had special ship (Coastal Ace) laying spill barrages around ship.

Good luck all, MO

Hey Chilts... et al

Apparently second ship is chemical tanker from Saudi Arabia, looks like had a cargo (not big tanker) that departed SA on the 10th June.

https://www.marinetraffic.com/en/ais/home/centerx:57.81459/centery:25.32139/zoom:8/mmsi:371880000/shipid:5502927/

Good luck all, look how busy this UAE bit is for tankers... MO

https://www.marinetraffic.com/en/ais/home/centerx:56.6/centery:25.3/zoom:11