Member Info for rionel

going where?

Didn't he mention a possible 3 in 2023?

When I come to the Eco Atlantic forum I often wonder if there will be a thread about Eco, thanks! :)

and yet Biden wants to talk to Venezuela instead of Guyana, nothing he does will have a positive effect here. :(

https://oilnow.gy/featured/too-soon-to-say-whether-corentyne-blocks-kawa-find-is-commercial-cgx/

https://oilnow.gy/featured/cgx-frontera-announce-discovery-of-light-oil-gas-condensate-at-plugged-and-abandoned-well/

Thanks, this will be an important one to watch.

Beenei-1 location?

Location of Beebei-1?

Any news on Exxon & planned drills in Canje?

Any news on Exxon & planned drools in Canje?

"but a chance to 10 bag"

If I had a dime for every time I heard "10 bagger" on here I wouldn't need to invest in Eco. ;)

https://oilnow.gy/featured/so-far-only-stabroek-has-delivered-the-goodswhats-next/

Pretty sure the Shell block is the far south end and ECO's far away in the north segment of blocks. Its good news but does it mean anything other than to ramp up interest in the area?

https://oilnow.gy/featured/exxon-vp-says-another-10-billion-barrels-could-be-found-in-guyana-oil-province/

If we were on the 1.7B/yr equivalent per block area.

Who is WE?

Here is early map of expected FPSO development:

https://www.offshore-mag.com/regional-reports/latin-america/article/14196141/hess-to-focus-on-deepwater-oil-and-gas-projects-offshore-guyana

looks like Hammerhead would be a likely development at that time. Believe there's now one FSPO producing, another now in Georgetown and another being built up and pretty sure those 3 are already planned for and don't include Hammerhead.

Now look at one of the latest maps

https://www.bnamericas.com/en/news/guyana-to-buoy-hess-2021-capex

Hammerhead now looks much less likely to be in the area where it would make sense to put the 4th or 5th FSPO. I agree with below that Fangtooth will be very important. But I don't see anything that would say they'd be in a hurry to go back toward Hammerhead, they have a lot of oil to work on in other areas. Maybe/hopefully I'm wrong and missing something but this stuff takes time.

I personally can't see any reason why there would be drilling in the O during 2022. Tullow pretty much passed on the option to select a drill for 2022. If any other big players took over Tullow's position that wouldn't be doing their due diligence unless they completely re-analyzed all the date in conjunctions with current drill info in adjoining blocks. Even looking at Exxon, they announced 12 drills in Canje and believe they are saying that will be 3 per years. That says something about the logistics etc for scheduling drill ships, support and re-evaluating data after each drill. And look at Hammerhead and Exxon current development, they've found so much you just can't set up FSPOs for all of it, that takes time and planning to be most efficient. Just can't see anyway (given Tullow took a pass) that any can come in and put something together inside 9 months. That's not good new, means more waiting, we are used to waiting, it sucks. But at least something is happening in Canje.

https://oilprice.com/Energy/Crude-Oil/Oil-Supply-Adequate-For-Now-But-Larger-Supply-Crunch-Looms.html

and thus shouldn't ECO be drilling now or at least soon!?

Has anything really changed in the last ~5 yrs? :-(