Member Info for Therapist

Hi Gurun,

It is boe per day not barrels per month. Run the math with days and it improves a tiny teeny tiny bit (it all helps). I give GE a week in October so 68 days. So that is 360 odd boepd improvement total unless the Chardonnay is talking.
I can go with decline against drilling but your figures are based on the relatively poor figures from a multitude of assets in 21 rather than factoring in fixes etc.. No disrespect but a tad pessimistic . . .but you sit four places above me on the Romaron share price competition so you can't be.

Thanks for the input anyhow, always good to see how people work with what they have.

GLAXXX

Hi,

https://www.energyvoice.com/renewables-energy-transition/383604/oguk-rebrand-offshore-energies-uk-north-sea/?fbclid=IwAR0M9lDI_imBytO-tmvMkSfyvIiycOu5pvMcYhJqqV3KGuYxCcsUG2uEGwk#
Dump the "Oil and Gas" It is "Offshore Energies" now. Shows the pressure to be aligned with the zeitgeist We're ok I think but BP are frikked.

GLAXXX

https://www.energyvoice.com/renewables-energy-transition/383604/oguk-rebrand-offshore-energies-uk-north-sea/?fbclid=IwAR0M9lDI_imBytO-tmvMkSfyvIiycOu5pvMcYhJqqV3KGuYxCcsUG2uEGwk#

Hi,

I'm a bit lost now but Neil Hannon has definitely mentioned some "degenerate posterior priors" so I'll have a chat with him after space junk awareness training.

GLAXXX

Hi @Indy0105,

You must have faith in John Penrose. He's an "Infrastructure and Energy Director" and everything.

https://www.energyvoice.com/events/offshore-europe/349331/enquest-magnus-great-future/

And, "The Group has concluded the production enhancement programme along with the coiled tubing campaign" and "two-well drilling campaign anticipated in 2022"

Magnus going to be oiler than a grease wrestlers guiche at the end of Ramadan.

GLAXXX

Hi,

I'm fairly similar to @SaveMore with maintenance, makeovers and fixes all factored in.

2022
Kraken 20,250 boepd
Magnus 15950 boepd
Other 3800 boepd
GEAD 9700 boepd
Malaysia 5500

Target Range 52250-58250boepd

This is what it looks like on a graph.

https://www.dropbox.com/s/2rk3fts3xp1howh/Enquest%202022%20Predicted.pdf?dl=0

The graph is of predicted OGA numbers so gets decreased a bit for comparison to reported numbers.

2021 I think reported FY 44850 boepd

GLAXXX

Hi,

"House Trained", not strictly true. He was taught how to poop in a bag for an extra twenty quid while on EP.

In hindsight of great benefit because you don't need that floating around at zero-G.

Tullow tribe might find interpretation of the above quite challenging?

GLAXXX

Hi,

Here's the pressure on the ESG agenda to avoid oil investment.

https://theferret.scot/edinburgh-investment-firms-fund-climate-destroying/

Looks like Enquest and some major investors have moved to the head of the queue. Nice to be winning something.

GLAXXX

Ron,

That like was from me. Excellent work. Can't reach the top shelf?

GLAXXX

Hi L3, McL7 et al,

The Magnus gas sales and purchase info is locked up as tight as the comforter in Amjad's bedside cabinet and Nanny doesn't use the internet.

If you use the same ratio of third party gas cost of sales 2020 against gas and condensate sales 2020 then with November update Magnus sales of $110 million (and ignoring any other '21 G&C sales) factored up from 10 months as reported in November update to full year then you are looking at a $21.5 million increase in revenue. But you don't know how much they are contracted to purchase or the price so it's about as useful as a condom machine at a Sistine Conclave.

It's a waste of maths, as my ex boss used to say: "If we had any bacon we could have bacon and eggs if we had any eggs."

We'll pick up some breakfast table scraps early February!!

GLAXXX

Hi

https://shipandbunker.com/news/world/928770-global-average-vlsfo-price-hits-all-time-high

GLAXXX

Although come to think about it Altera: Gas, Nuclear, Carbon Capture, Insulate, Shareholder Update or Dividend (Pelle as Captain) would be equally welcome.

GLAXXX

Hi Aloj,

Wind not Wave.

GLAXXX

Hi

Altera Wind at Rotterdam flagged for Kraken.

Another 500k barrels at $80+ . . .should take us swiftly back to 9p . . . . it is about the lowest score isn't it??

GLAXXX

Hi,

I think it is quite obvious here that I am a fun loving anti-troll kindofaguy, and I also have no time for posters that have a hard-on every time they come in or out. I don't want to know where you are, I want to know what you know. I would also rarely comment on share price without a good context, I can make my own grown up decisions . . . . . .

Anyhow, today I just need to give it a big fat wtf.

Owning this share is like being an unsuccessful virgin forever at the point of your first proper vinegar stroke but continually edged away with an inexplicable deterrent. All my besties have told me for years that it is going to be an incredible life changing event but somehow I never ever ever ever get the experience. Close but no cigar.

It doesn't have to be a straight line but if anyone could explain why it just couldn't be a little straighter I would really appreciate it!!

GLAXXX as ever.

Hi Strike et al,

My hackles swell anytime I hear anyone was ****ed by my dear friend Neil Hannon. Apologies if you or others are not up to speed but, as a general update, I have been working with him and his "issues" since our first desperate and vitriolic encounter. Lap dancing at Sullom Voe became darker and somewhat disturbing at Nigg on the EP floating pleasure palace, we lost track for a while on the run with some Houti rebels but regained control after a small global mishap on the Suez. Currently back on track and all in on astronaut traning at Shetland space port, and I **** you not, first test launch this September (that is the real bit, check the website, UK first). Not entirely sure if this will be manned but rest assured Neil is way in front of the monkeys if that decision is made.

GLAXXX

Hi,

When was the last time a North Sea Oil company CEO described the North Sea thus: "It's an oily place, it's a windy place". Good, down to earth, as ever no bull**** presentation today. I missed the first ten minutes where hopefully the others were given a chance to speak. Pilot as a development opportunity does sound pretty unique and with the offshore electrification curveball as a sideplay.

GLAXXX

Hi,

If only we were as important as pipeline users.

https://www.oilfieldtechnology.com/digital-oilfield/12012022/pulling-the-plug-on-out-dated-pipeline-integrity-knowledge-sharing/

"Smart, slick and streamlined communications:

The XAMIN PLUG module promotes a collaborative culture of continuous improvement, both via regular information sharing and the live action tracker. As all parties have access to the latest information throughout the year, integrity issues are immediately visible which may then go on to benefit early intervention activity."

Yaaaay Enquest!!

GLAXXX

Hi Aloj,

Now, that was the most sensible post I have seen on this board forever. Sympathy and understanding, heartfelt advice, and holistic observation, finished with a non confrontational "as such". You have hit perfection and I salute you. That's the way to do it.

I may now abandon the CUNST space programme and send them all over to you for some backwater Swedish bivouac steam and truth sessions.

BTFath1,

Ins and Outs benefit nobody here regardless of whether they are old or geezers. "I'm coming in because of evidenced X", "I'm going out because of evidenced Y ". . notice the future tense . . . would maybe gain more kudos and less Jackanory, otherwise it's lady luck.

I hope you and yours are all COVID free. Be informative or look out for the virtual birch whips in the wilderness.

GLAXXX

Hi,

Despite my late night (completely sober, just finished work) meanderings, I have a fairly complex spreadsheet of oga historic production and my own assumptions of variables to give what I call a "sales volume". A fair few "Ifs" in here but . . .if Enquest have to announce if they miss or expect to miss guidance, and if you make reasonable assumptions about other assets coming back online or being fixed, or continuing as normal for the last two months of 2021, then I find it hard to see how Magnus cannot be "fixed". And I know **** happens, and I know blah, blah, blah, but looking at the balance of probabilities over two months, it looks good.

Just my maths and my spreadsheet but bear in mind Enquest already know the answer and haven't reported any material change to guidance 21 . . and I also know the inclusion of GEAD has made that possible but I have taken that into account already from last week of October.

In the meantime, most of us have a long year ahead!! Optimists indeed. E&OE.

https://www.dropbox.com/s/3r4vz38py34dr2j/Romaron%20Challenge%2022.pdf?dl=0

GLAXXX

Hi Again,

Not to bombard you but I'm up late and I do admire your inclusivity.

I just got a message from Neil Hannon. He'd like to do the alternative competition, can't respond himself as at 0400 on a Sunday morning he's understandably a little tied up right now. He says "8p if you are lucky".

Funny story, at CUNST they were told they were going to be doing Rocket Science last week and he brought in his sex swing.

GLAXXX