Member Info for Ninetails

Malcolm Butler, Chairman and CEO of Baron, commented: "With gross, unrisked, recoverable mean Prospective Resources of 23 million barrels of oil equivalent, estimated to be present in the Colter structure by Corallian, success with this well will have a material impact on the value of the Company. The structure was originally tested by well 98/11-3, drilled in 1986 before any 3D seismic data was available. This discovered a 10.5 metre oil column in the Triassic Sherwood Sandstone, the main reservoir in nearby Wytch Farm oilfield, and 98/11a-5 is being drilled in a position which is interpreted to be significantly higher at Sherwood Sandstone level than the 1986 discovery...

I am sure he will be all over it...I am also sure he won't be on here (LSE bb) banned for life thank goodness...

Heid... You better not be suggesting that the offshore oil industry has a future ?? FOTH has banned me from his Twatter for that...not that i miss his bad language and incoherent ramblings...

I was being sarcastic...not to keen when DL ramps...

I wonder if DL is still holding his UKOG shares?

Well said sting completely different remit...

And their sp dropped today ?

A significant gas discovery in the central North Sea is being described as the biggest find in more than a decade. Chinese state-owned company CNOOC said it made the gas discovery - equivalent to 250 million barrels of oil - in its Glengorm project, east of Aberdeen. Further appraisal work is planned, but it is understood it could be extracted using existing infrastructure

Sorry for the loss on your platform must have bee a dark feeling onboard

Northseatiger1...Doing ok, off to the Beryl Alpha to strip a big separator and re fit new internals... Never been there heard it is quite daunting...they hit a big one up there few weeks back ATB.

£1 party still possible?

Definition of many...large number of Definition of multiple 
Having or involving several parts, elements, or members.

Anyone care to have a guess where many multiples will take the sp ?
 What is the smallest number we can call many? x it by the current sp And then multiply by a minimum of 2 That's being conservative.. And just a bit of banter.

I am sure Newchurch will be available if asked nicely

Definition of Remit... the task or area of activity officially assigned to an individual or organization... Schlumberger is the world’s largest oilfield services company. Working globally—often in remote and challenging locations The oil and gas industry covers three main sections—upstream, midstream and downstream. We (Schlumberger)operate in the upstream section, which covers activity from the subsurface to the wellhead...That is their remit...There will be exceptions.

Schlumberger and Nutech advising on a development plan ? I very much doubt that, not their remit...The pipeline needs sorting now? Is there a rush can the tankers not handle the daily production? Is the oil going to disappear if we don't get this pipeline in place soon?

Do you not think it would be a lot more beneficial to get the oil flowing at a decent rate? Maybe get the horizontal wells drilled and see where we are at then ? Without ramping about pipelines at this stage...

I believe we now have a solid foundation and a plan for the way forward...let's get an amount of oil flowing that requires a pipeline...if that were to happen before a pipeline was in place that would be a great problem to have...

The said pipeline was allegedly under construction for BB over a year ago...

I am not trying to say it is not possible in the future...but some people would like you to believe that the pipeline is underway...

The way a pipeline is made really depends on what will be flowing through the pipeline.  Will it be crude oil, refined or unrefined?  Will it be NGL's, processed or unprocessed?  These are just a fraction of the questions that companies must ask when deciding what kind of pipeline will be the safest and longest lasting.  You then have to get into fluid flow equations and formulas. These are the deciding factors engineers must use to establishing the thickness of the pipeline.  It can start to get technical.This all must be established before plans can be made then aproval required from all the appropriate authorities.