Member Info for MatrixObserver

Good day all CASPers

Have found 7 licenses for BNG Ltd that have been applied for/issued since 1st Jan 2019, fall into 3 categories, they are:

2 x "Coordination of project documentation for construction, expansion, reconstruction, modernization, conservation and liquidation of hazardous production facilities"

3 x "Permission for flaring of associated and (or) natural gas during testing of well objects"

2 x "Issuance of conclusions of state environmental impact assessment for facilities of category I"

i.e. http://elicense.kz/Licenses/Details/6630434

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Have fun decrypting Russian/Kazakh error messages, lol, and buttons that don't work via Google translate

MO

According to Clarksons...

Hurricane have recently taken a termed fixture commencing 30-March to support Transocean Leader...

05 Mar 19 PSV BRAGE TRADER HURRICANE UK 3 WELLS SS TO LEADER - WOS 30 Mar 19

Brage Trader is currently working for ENQ at TL, so will be a continuation of service, hopefully see an ENQ requirement for some AHTS for the move soon'ish, but still finishing up DC4, hopefully not long.

Good luck

MO

Have observed what I think is license info.... But often important info is lost in translation...

How current... Licenses granted to Nov 2018 and licenses applied for has one from beginning of Jan 19.

For applications...

http://geology.miid.gov.kz/en/kategorii/svedeniya-o-podannyh-zayavleniyah-na-vydachu-licenzii-na-ispolzovanie-prostranstva-nedr

Tanslated...

https://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sl=ru&sp=nmt4&tl=en&u=http://geology.miid.gov.kz/en/kategorii/svedeniya-o-podannyh-zayavleniyah-na-vydachu-licenzii-na-ispolzovanie-prostranstva-nedr&xid=17259,15700021,15700186,15700191,15700248,15700253&usg=ALkJrhgbjt3eSNxLKkryl0PDkapE3L3cag

Not perfect but is a sniff...

Good luck all CASPers

MO

Hey Chilts

HK's back in range, 16nm west of AK...

https://www.marinetraffic.com/en/ais/home/centerx:1.1/centery:59.9/zoom:11

Think may be right, AK not quite ready to be relieved today, is busy field with DC4 and worsening weather (6m significant waves), better forecast tomorrow (don't everyone just love tanker-tease)...

HK arrival at Scapa Flow now changed to TBA (squeezed between 9/11 March, indicating 10th)...

https://www.orkneyharbours.com/port-authority/info/shipping

Good luck all

MO

Hey Chilts

Should be ok if an early hook-up, anything < 3m significant wave height is usually fine.

Might be a bucking bronco later in the day, but think is ok if linking just following sunrise...

Best wishes

MO

Anyone seen the "Pioneering Spirit" heading across the North Sea to Rotterdam, is doing it in reverse, lol

Is massive ship/floating crane... 477m long and 126m wide, can be used to lift platforms and much more... Think could get 8/9 full sized football pitches on it.

https://www.youtube.com/watch?v=6jEXmOQ22fQ

Going backwards... Hope got good reverse warning noise, lol

https://www.marinetraffic.com/en/ais/home/centerx:5.966/centery:55.374/zoom:14

Good luck

MO

Hey Pelle...

Don't think is possible to retrieve... Not even full data for Nov at present, may add Nov data post 15th of month.

F_AHL... Can export data via this interface, is tricky and need to ENABLE filters (via tabs, for date, operator etc)...

https://ogauthority.maps.arcgis.com/apps/webappviewer/index.html?id=19ba032eac3e4f45b3fbe50691253a95

Good luck

MO

Try the below link MrEMC2

https://my.euroclear.com/apps/en/monthly-stock-loan-data.html#month=eq:2&year=eq:2019&limit=17&search=1&order=asc:abbreviation

May need to click "login as guest" first...

Good luck

MO

For end-of Feb just out...

Good day all

ENQ = 2.87% on loan (approx 48m shares) - up 0.6% since end of Jan...

Hoping that all this effort results in much better performance from AK... Bumi had AK performance enhancement as a primary objective in recent statement...

DC4 should be not far away now... Is hottest part of Kraken, with anticipated recovery factor of 45% (versus 30-35% for rest of Kraken field), if can add 8-10k bopd gross, then is almost per FDP of 11k.

As usual, time will tell....

Good luck all, fingers crossed for AK to have a good ole rooooaaarrrrrrr

MO

Plebleens...

Ain't that the Ineos guy...

Jim Ratcliffe ? Can see some similarities in methods to Mike Ashley, maybe wrong...

MO don't care anymore.... in 100 million years, all the reservoirs will have moved and can have another go...

Good luck all

MO (thinking about tectonics, and a new keyboard, no. 1. key sticking)

If can't beat-em, join em, lol

Givingthelowdown 60p
Smut 68p
MatrixObserver 69.69p (is worth more, but is nicer numerals)
Bobblicious 71p
SadAct 73.65p
MrEMC2 73.75p
TarthDrader 75.4p
outofideas 76p
Yanbu-arabia 76.25p
krakenoil 81p
Investor6 84p
Hawkey 85p
loofer 88p
Ohmetoe 77.8
Lemarc 100p

This is the original in placed figure from 1980...

Approx 1bn barrels produced since, maybe 100-200m 2P remaining if can get to 60+% recovery factor...

Is still a great deal for ENQ and may prove very significant in the long run, but 2bn reserves is a little misleading...

Naughty AB...

MO

Don't get me wrong...

Am far from recommending RI, especially after losing some cash on ENQs RI, was attempting to illustrate benefit of carrying a loss when acquiring UK assets.

PMO have got a decent plate full at the mo, with some good UK assets and discoveries to keep them busy and pay down debt, saying that, did do very well with EON...

Anyway, time will tell...

Good luck all

MO

Good day all

I think some may underestimate the benefit of PMO's current UK tax loss position for a UK deal...

ENQ raised $130'ish million from recent Magnus Rights Issue, has NPV10 of ~$500m with tax credits, but just $277m without (almost half)... Can see statement on page 184 of prospectus.

"It should be noted that a significant proportion of the NPV Net to EnQuest is a result of its opening tax loss position. If the “Net to EnQuest” evaluation is done assuming no opening tax losses, so that CT and SC would be payable for the entire term of the project, the NPV10 Net to EnQuest for the Proved plus Probable Reserves case would be reduced from US$524 MM to US$277 MM."

Saying that, Chevron's assets don't really float my boat... Is pointless guessing what deal may or may not be in the pipeline, just hope if there is a deal, it's a good-un...

Cheers all

MO

Hey all CASPers

If interested, below is recent article discussing latest changes to legislation to encourage investment, including...

--

The Kazakh Ministry of Energy, in conjunction with Kazenergy, introduced changes in subsoil use legislation including simplifying methods to obtain subsoil use rights and cancelling social load obligations, employee training and the exploration period for new subsoil users.

“We see that it is necessary to attract investors in subsoil use, in exploration and high-risk projects,” said Magauov.

--

https://astanatimes.com/2019/03/forbes-club-second-business-breakfast-focuses-on-kazakh-oil-and-gas-industry/

Sounds good, just need some news from CASP as to where we are, hope not too long, as all this talk of Crack, might give me ideas of a past-time, lol, only joking

Good luck all

MO

Hi ProdOpt

There is some associated gas produced... from both Kraken North and Kraken, some 3-5MMscf per day, is used for powering AK.

To give an idea, Magnus produces around 35MMscf per day of gas.

In my analysis, North field is doing OK, is around FDP, Is the South field which is not performing to plan, needs a cunning plan...

All the best

MO

Cheers Chilts

Sucks about OGA data, should be looking at December data, instead looking at Oct for most and Nov for Alma/Galia.

That link you kindly posted...

https://ogauthority.maps.arcgis.com/apps/webappviewer/index.html?id=19ba032eac3e4f45b3fbe50691253a95

Can tweak it a bit, filter by operator/field, can also export to CSV file (comma separated), but did prefer older system with bonus month...

C'est la vie

Have good-un all, think will try and unplug this weekend ;-}

MO

Takes a while... Just spotted tanker leaving from Hound Point bound for China....

Looks like will take over 6 weeks for this 2m barrels to get there...

https://www.marinetraffic.com/en/ais/details/ships/shipid:3851986/mmsi:636018882/imo:9723100/vessel:DRENEC

Good luck all

MO

Hey Pelle

All change on the OGA data....

Below are a couple of links, including a reporting API type interface... i.e. for both Kraken fields

https://itportal.ogauthority.co.uk/arcgis/rest/services/OGA_Public_WGS84/OGA_PPRS_Fields_WGS84/MapServer/0/query?where=UPPER%28FIELDNAME%29+like+%27%25KRAKEN%25%27&text=&objectIds=&time=&geometry=&geometryType=esriGeometryEnvelope&inSR=&spatialRel=esriSpatialRelIntersects&relationParam=&outFields=*&returnGeometry=true&returnTrueCurves=false&maxAllowableOffset=&geometryPrecision=&outSR=4326&returnIdsOnly=false&returnCountOnly=false&orderByFields=UPPER%28FIELDNAME%29%2CPERIODYRMN&groupByFieldsForStatistics=&outStatistics=&returnZ=false&returnM=false&gdbVersion=&returnDistinctValues=false&resultOffset=&resultRecordCount=&queryByDistance=&returnExtentsOnly=false&datumTransformation=¶meterValues=&rangeValues=&f=html

Can also try the new dashboard...

http://data-ogauthority.opendata.arcgis.com/pages/production

Good luck

MO

You are correct hitman1a

Each primary DC (1,2 & 3) have two production flowlines connected to AK, DC4 is tied-back to DC3.

Should look something like this...

https://www.energyvoice.com/wp-content/uploads/sites/4/2014/10/kraken-1024x724.jpg

MO