RE: Pump up the profits13 Aug 2020 13:05
PlantedBHA / ngms27 would the pair of you get a room.
I've explained before (both of you started clogging the board up)the produced water whether its perched or not, is just recycled and cleaned up via hydrocyclones or what ever oily water clean up system they have onboard then discharged over the side. I think off the top of my head the AM has a water handling capacity of 20000 bbld the worst that happens with a lot of water is that it makes the pumps rattle a bit more, so until the water cut is 50% or more there's no need to worry at present.
RT says it takes a few days after a trip or shut down for the water rate to stabilise, what he didn't say also that you generally get around 2 to 3 days of flush production, "ie" upto 20% more.
On a fag packet calculation we (those who hold) should have around $200mill in the bank, based on $206k a day profit from the 1st April.(at current oil prices including the hedge)
The 230 mill bond isn't due until July 2022.
OGA have said last years 9800bbopd find can't be tied back to AM, that is probably there final answer, even though HURR/Spirit may continue to argue the case. So they will have to PA the well but the oil is there & the probably will come back to it at a later date.
GLTALTH