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New Cambo owner tries to fast-track North Sea project
Plus: Cambo oil field back in play as developer sold for $1.5bn …A large oil company looking to drill in the North Sea has held talks with Kwasi Kwarteng, the Business Secretary, as attitudes towards domestic fossil fuels change in light of Russia's invasion of Ukraine…Gilad Myerson, executive chairman of Ithaca Energy, met Mr Kwarteng in the days leading up to an announcement on Thursday that it was taking over Siccar Point Energy which holds a 70pc interest in the Cambo oil field licence…Shell is reported to be reconsidering its decision, however, amid firmer support in Whitehall for domestic oil and gas production, with ministers keen to fast-track several fields.

Odins…You have a good collection of XR medicine…atb

Good evening XYZO98 After a chance meeting with the rep in the tea shack (smoking don’t know how I ended in there)I asked the guy to define fracking and after asking him some nonsensical questions he reckoned that if he was called as an expert witness in a court of law he could convince a jury that a proppant squeeze an acid wash and indeed even a gravel pack were technically fracking, I laughed and said that’s nonsense none of that is fracking in the true sense, he laughed and said on the other side of the coin, he could stand in the same court, again as an expert witness but it would be harder to prove that the above methods were not technically fracking…whilst going on to say that any liquids put down the well under mechanical propulsion (pumped) could be construed as at least low pressure or low volume fracking and then going on to say that he had worked on many fracking jobs, from the usa to the middle East, and said the UK has never seen such fracking Jobs, as the high volume ones he has worked on in his fracking career, he is at present in the North Sea setting plugs in anticipation of a work over crew arriving.

XR members dangling from Tower Bridge by a suspension rope, anyone got a knife?

Only joking, just leave them there…

XR members dangling from Tower Bridge by a suspension rope, anyone got a knife?

Swamp or whatever you call yourself, it maybe suits you agenda, but I can assure you that offshore oil leaves a far bigger carbon footprint than onshore oil, and even bigger one if it’s imported, so what is your point really?

Hi ZYX098 referring to your previous…post Sorry Gents, but you are lumping several different stimulation techniques under one basket.??Gravel packs don't involve any frac'ing at all.??An acid wash is just that - spot acid across the perfs, give it a gentle squeese to push some into the formation and then flowback the spent acid (no proppant is pumped)…I personally would agree that none of the above is fracking in the general sense, as indeed I would not consider most if not all of the 200 previously fracked wells in the same category, but having just recently spoken to the Schlumberger rep onboard he has explained some of the technicalities ie splitting hairs I would say…All of the above can be called fracking as in Hydraulic fracturing, informally referred to as “fracking,” as in oil and gas well development process that typically involves injecting water, sand, and chemicals under pressure into a bedrock formation via the well.

Just forget Fracking it’s not going to happen…And it’s of no use to ukog holders anyway…

Looks like this is going to explode (not) up 2% with an 8% spread get in while you can! (dyor)

That’s a barbecue, that’s a flare stack… https://cdn.pixabay.com/photo/2016/10/26/13/22/elgin-franklin-1771466_1280.jpg

7 April 2022 Energy security strategy: government backs nuclear, offshore wind and North Sea In an outline of the long-awaited energy security strategy, ministers focussed on nuclear, offshore wind, hydrogen and a new licensing round for North Sea oil and gas in the autumn.
There was no reference in the announcement to onshore hydrocarbons, fracking, insulation or energy storage

In an outline of the long-awaited energy security strategy, ministers focussed on nuclear, offshore wind, hydrogen and a new licensing round for North Sea oil and gas in the autumn.
There was no reference in the announcement to onshore hydrocarbons, fracking, insulation or energy storage

Energy security strategy: government backs nuclear, offshore wind and North Sea

Incase you missed it the IOW has enough problems just now, Electric vehicle charging points in a council's car parks have been hacked to show a porn website on their screens. Isle of Wight Council has three charge points in Quay Road, Ryde, Cross Street, Cowes and Moa Place, Freshwater.

Electric vehicle charging points in a council's car parks have been hacked to show a porn website on their screens. Isle of Wight Council has three charge points in Quay Road, Ryde, Cross Street, Cowes and Moa Place, Freshwater.

Most of that 200 wells were vertical and many just proppant squeeze, acid wash, or gravel pack, etc nothing like high volume hydraulic fracturing with horizontal well, different ball game altogether…

Heid
Posts: 10,988
Price: 0.2375
No Opinion
RE: new lows coming for the oil sector.
Today 20:10
Why is it strange ? Is this not a virtual game to see how much money we can make ?

I see Dan tweets he has a special UJO tweet coming out..so I anticipate a rise on his tweet .. that happened...I sell some ...and as I thought the price did drop .. so, I called it right. Could have carried on rising. But as it happens I ended up quids in… Foremost I am here to be right, I am like the queen, I don’t need the money like the rest of you, I can play this all the way up for fun, Im not the rest of you? …

ZYXO98…I totally agree, the point I have been trying to make for a while, is that fracking has no chance of going ahead, when there’s much conventional oil being held back due to the cop 26 and the political climate thereafter, so to think that fracking could make a comeback before what we already have, and know it works, ie conventional, whether it offshore or onshore, is actually laughable, and those stirring it up like Rees-Mogg and Nigel Farage are clowns, and any one listening to them are not far behind. atb

Exploration No problem and I understand what you are saying, and I was referring to onshore fracking over the last 10 years, I don’t think overall the geology in general in the uk could sustain fracking as in the US, I might be a bit biased about fracking but with good cause, My brother is barge master/Deputy OIM on a drilling rig, which is laying at anchor in Invergorden bay with no drilling contract for the first time in over 10 years, and I have many friends in drilling and indeed the offshore industry that have been paid off, mainly because of the government’s attempt at a green agenda and worrying about the green vote and the likes of XR, so when people start shouting about onshore fracking it makes no sense to me, for 1 the geology is not there, 2 they have already had long enough to get it to be successful, 3 why stir up a hornets nest in this political climate? Just get on with conventional oil in my opinion, that will be a hard enough struggle, as Sara Finch keep reminding us ATB though…