Member Info for MatrixObserver

Good luck Frac ENQ currently only do conventional oil, but think you got very good price... Is easily worth 55-60p (IMO) MO

Can see bears and bulls lol... Can use produced water for future injection (is a joke), but also good drillers can easily isolate water ingress, even between oil producing sections, can use expandable packers and bridges... Enquest have produced thousands of more barrels a day using exactly this method. Anyway, 142 (max produced 150 bpd) and 146, both are edge of field appraisal wells, so can be abandoned if non-commercial, think CASP will have better idea than us... Can agree with FK, re CC waterlogged A6 claim a little of the scale !!! Good luck all, back to cave MO

Long, long time ago, in a distant universe... lol Alma Current Status (pre-workover)... MO has been waiting for so long for Alma fix, probably not as long as KUFPEC, but better to fix at $75 than $45 Following recent investigation by MO, can reveal why Alma not doing so good lately... Call first witness, is OGA your honour... Below is evidence... https://itportal.ogauthority.co.uk/edufox5live/fox/edu/WONS_WELLBORE_SEARCH_PUBLIC Licence to lookup... P1765 Can see... Alma is 7 well development (6 x producers, 1 x injector) Currently, only 1 in 7 wells are operating, 5 x producers and 1 x injector are shut-in... Is the starting point for fix... MO

LOL E121 Can give report name early... Is "Alma in Focus, Special Report by MO" Is work in progress, think it will be positively viewed by ENQers (no surprise). Is no rush, TL will take a few days to setup and commence ops etc... Will post when done, is good info, certainly will be best genuine effort... Watching ships for now, sipping some rose' ;-}... Good luck MO

Is everyone out at the moment ?? MO Tis exciting times... :-)

MO is.. Compiling special report, lol MO

Is good "Matrix" view of TL @ Alma Field, Enquest Producer and ships at work... https://www.marinetraffic.com/en/ais/home/centerx:2.778/centery:56.195/zoom:14 At least with The Don present get good realtime AIS... MO also remembered old link, shared by kind LSEer, cannot remember username... https://www.fugroweather.com/WeatherMonitor.Net/Displays/TransOcean/C20229_1/monitor_HMS8c_20min.aspx Can be Drilling Rig Captain for Transocean Leader... Is true story, when storm with 17m waves, MO watching pitch and heave turned virtual seasick into almost something real... ** Whatever you explore, never press the big red, emergency release button, lol ;-} Have fun... MO

Good morning E121 and fellow ENQers... Yes lots to see at the mo... From what have experienced, when FS Cygnus is on AK's port side, then is typically acting as supply ship via crane etc, could be tracers, chems, food, spares, fresh water etc... Can stay port side for good 4-6 hours, then will go backwards and switch sides to starboard side, but this time is right near tip/turret, is MO guess probably ROV or something similar... FS Cygnus went to AK's side approx 6am this morning.. so will watch later... Also Deep Explorer over DC4 scoping out for installation, massive ship, has ability to support 20 divers !!! Hoping AK sign-off not too far off !!! MO

Could also do an "AGM Statement" morning of the 19th June... Would have been nice for FK to have had a poolside RNS tomorrow, as puts in lots of effort for CASP !!!! Anyway, MO returning to cave... Is a bit exciting though !!! Good luck MO

LOL, is Deep Explorer, MO got confused with recent ROV big ship checking Brent/Shetland pipes and NNS connections, etc... So many ships... MO

No not MO... Is new ship, massive 156m long... Think is to install DC4 SURF, can't be sure but if is positioned about 1-2km west of AK, then is DC4 https://www.marinetraffic.com/en/ais/details/ships/shipid:4184008/mmsi:311000411 Good luck, when it rains, it pours, should be connecting Alma anchors tonight and tomorrow... MO

Anyone say, "News Tomorrow" ???? Is exciting... is due soon... Good luck all, make sure you start your pool session early tomorrow FK... MO

MO lost a day somewhere... Alma area rough weather is Thursday, not Weds... apols https://www.windfinder.com/weatherforecast/sedco_712 MO

If wondering why TL looks like is on own, is because has better AIS antenna/power and much higher above the water line... Tugs and escort will probably appear when closer to The Don and in range... https://www.marinetraffic.com/en/ais/home/centerx:2.4/centery:56.3/zoom:11 MO

Speak of the devil... TL just shown up, 33nm to Alma MO

Also have a quick return visit to AK by FS Cygnus... Hope all is working towards sign-off MO

E121 Should see TL and tugs in range in next few hours... Probably when approx 20nm from Alma, is approx range of the Don's AIS repeater signal... Don't think will hang on too long as rough weather forecast for Weds... Anyone interested, should see TL + Convoy appear in top left corner with Alma bottom right... https://www.marinetraffic.com/en/ais/home/centerx:2.0/centery:56.4/zoom:10 Have good-un MO

LOL E121 You say tomato, I say tomato :-) MO just took the $80m divided by 18 months, gives $4.4m per month with small interest, say $4.5m If Poo ave for month is <= $45 (floor), then need to supply 3.27k per day, if Poo ave is >= $64 then is 2.3k per day. Is how MO reads the deal, otherwise why have floor and ceiling, does say " aggregate of approximately 1.8" If 18 months sold at $45 = 1.79m barrels = $80m pre-payment , at $64 barrels provided = 1.26m = $80m pre-payment My guess was approximation was made at floor price... Is MO's interpretation Good luck MO

No forced hedges as far as aware... Was a while back with re-finance condition, but that was 18 months ago. MO expects H2 to be much better, as long as Poo remains stable and Kraken soon signed-off with 45k+ bpd for foreseeable. Have Alma fix imminent, new PM8/Seligi wells and Magnus too. Think will start to show through in August Update, if all works go to plan... MO

Hi Auson... Hard to be exact, but think will be just under 50% of H1 production hedged at just over $60, for H2 unless new hedges have been sought, will be around 20-25% at $63 I do slightly differ on Mercuria payments and come in around 2.4-2.5k per day repaid (when Brent is > $64). MO