Member Info for noelpbz

I have zero knowledge of the oil and gas industry - but what little I do know is that the drilling of a well involves steel casing strings to various depths fixed in place by pumping cement and forcing it into the gap between the rock and the casing.
As the Sidetrack is entering an existing well (SP7) does this mean any actual “SPUDDING” does not begin until a horizontal attempt is started ??
OR is there some repair work on the way down.
Experts to advise.

Sorry I got carried away. - NOT /day !!!!!

AND production back at 1.89Mtherms/day.

23/10/2022 01:00:00 23/10/2022 System Entry Volume, Saltfleetby, D+1 0.1722 24/10/2022 12:01:01

I believe National Grid entry pressure can be ranging in pressure from 38 to 85 bar.

The pressure from the two SFB two wells, A4 and B2, remains high at about 54 bars.(RNS 30th SEPT22).

Does this mean that the installed single compressor is largely currently REDUNDANT ?? - someone with more expertise required to advise.

Scotty. You can do it yourself VIZ;

https://mip-prd-web.azurewebsites.net/DataItemExplorer

??Enter “Saltfleetby” and click on “search” - expand (drop down)“reports” and choose second option “Physical entry” and expand(drop down) and select 5th option “volume D+1”.

At “Criteria” at bottom select “latest value” and ‘applicable for” - then change “From date” to 1st say, and click on “value Data for Data items”.

DRB - NOTED - I assume there was possibly a partial shut whist they set up the RIG !!

05/10/2022 01:00:00 05/10/2022 System Entry Volume, Saltfleetby, D+1 0.0681 06/10/2022 12:01:01 L
04/10/2022 01:00:00 04/10/2022 System Entry Volume, Saltfleetby, D+1 0.1450 05/10/2022 12:01:01

Howey - yes I get it - I even found another site that quoted 10342.

Whatever, so long as we hit 12mmscf/day.

I think 10370 comes in there somewhere .

Asher - Good luck - I think you will do it easily - your Daughter will have the grandest time of her life - as you say hopefully pushing 10p !, within the year.

Asher - I wouldn't cash the lot in Jan 23 - I would save some until after April 5th - unless you have some losses to mitigate - CAPITAL GAINS TAX !!.

Island. - read IQ 29th July 21 viz;

https://www.angusenergy.co.uk/media/investor-questions/

I seem to remember that HUR bought kit “Gas export and GWA TB long lead items “ at a COST of $22M (CMD 27th April 20). What happened ??

SORRY - read BV as BF !!

BV. - RNS does say :
“Second Compressor, Side Track and Booster Compressor”.

Welsh - NOTHING to do with Shell - read P68 and P69 viz:

https://www.angusenergy.co.uk/wp-content/uploads/2022/03/Angus-Energy-Annual-Report-and-Accounts-and-Notice-of-Annual-General-Meeting.pdf

The RNS forecast of 6mmscf/day (1.87Mtherms/month) from say mid October will be enough to cover the Q4 hedge (1.75Mtherms/month).

The H1 2023 hedge at 10.5Mtherms + 2.25Mtherms (deferred) will average 2.125Mtherms per month hedged - which will be easily covered by the anticipated increase in production from 2nd compressor and Sidetrack.

Maybe as high as 12mmscf/day = 3.733Mtherms/month.

Then there is to come the “booster compressor”

What’s not to like??

Howey - its actually 5.36mmscf. - flow rate was 0.1517 mcm

BV - because it is limited by that bottleneck you keep referring to.( sorry I had to end in a preposition).

BF - (Got it right this time) - looking for the average to near 0.1700mcm which closes onto 6mmscf - the current plant limit !!