Member Info for Therapist

oops!!

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All,

Altera Wave has put the LNG at full throttle and heading for Scapa Flow. The VLSFO premium has narrowed of late but probably got a date with a Singaporean bound suitor.

There's quarantined Covid at Nigg, https://www.northern-times.co.uk/news/ten-covid-19-cases-confirmed-aboard-vessel-moored-in-easter-237008/ which just goes to show you can't be too careful.

Stay safe, plant potatoes, hug bunnies and wash your hands after posting,

GLAXXX

Hi L3,

I would have gone for a Spearmint correlation but had to declare a conflict of interest, obvs.

Magnus Jan - Feb 21 due to "unplanned third party outage" stuff, with a back of a fag packet correlation, and I don't even smoke, I am plugging in 18k ongoing with the gas, so 16k bopd or thereabouts.

"Stuff" can of course happen at GE or anywhere. Hope it doesn't.

How long to grow a frikkin potato, I thought I would be energy self sufficient by now.

GLAXXX

Hi McLondoner,

There's a time to work, a time to play and a time to trawl through OGA figures . . . which I was doing as you posted.

Golden Eagle on monthly gains since Oct 20 and another big "boom" this month as you say. The drilling rig was flagged to return to Nigg by today but I see that has been deleted. I had assumed drilling finished but maybe another one to go.

I have this months net figure dropping just below the years target range. Hopefully February was the last of the stated "interventions" on Magnus wells and that will get flowing March and onwards.

GLAXXX

Ahoy shipmates,

Stena Natalita speeding away to the South West and Altera Wave on course for Kraken for 1800 this evening.

GLAXXX

Hi Slift,

and thanks again, keep the useful stuff coming if you would.

My quote from 2016 info and yours from 2013. Just trying to understand projected Bentley current $/barrel and complexity of delivery.

On the less useful side and in anticipation of my 100% self sufficient potato based energy hub:

https://www.bbc.co.uk/iplayer/episode/p06rvmmy/potato-party-series-1-1-horrible-jumper

Having watched that I'm now not actually sure the next generation deserve the benefit of any new energy source but will try to remain an optimist . .

GLAXXX

Hi,

Thanks all. I was wondering about Bentley discount to Brent and whether historical data was current? Also been trawling through other available data and comments on viscosity remined me of this snippet from an Xcite 2016 document:

"Viscosity Isn’t Everything: Bentley, at 1,500 Cp, will be amongst the highest viscosity offshore production however: Oil mobility, pressure support and drive mechanism are better indicators of flow potential –Bentley compares favourably to heavy oil peer group •Naphthenic properties help with favourable relative permeabilities and with separation •Crude is undersaturated in reservoir and can be flowed without evolving gas •Crude viscosity responds well to heating and contains no wax, so flow assurance issues are minimised •Blending with lighter crude improves dehydration time and net value in market"

So less tarry than expected and more manageable?

SVT Strike - A lengthy tug off at SVT was never an problem back in the day.

GLAXXX

Hiya,

As bizzare as it sounds I registered and attended an earlier live presentation for Petronas bid round 2021. They probably heard I own Enquest Producer so think I'm a player.

https://www.petronas.com/mpm/investment-opportunities/malaysia-bid-round-2021

Anyhow follow up invites for last weeks presentation extravaganza went out earlier in the week and were hastily recalled twice. Not sure of the reason why but email addresses were cc'd rather than bcc'd. I am probably at risk of corporate espionage (and frigg me that was a tasty disclaimer at the end) but I can confirm there were NO Enquest email addresses on the mailing list. For me that says content with existing PM8 / PM409 to develop rather than further expansion.

Planted some potatoes earlier and now off to hug a bunny but not a hoppy one . . . .

GLAXXX

Tarmak,

Shown and Working in Google Sheets:

https://www.dropbox.com/s/zc1f4eq52eqhxnk/Tarmak%20Calc.jpg?dl=0

Now if someone could let me know the formula to get Enquest to 60p I'd be eternally grateful.

GLAXXX

Hi,

Just noticed that Noble Sam Hartley is due at Nigg by end of month so months of drilling work at Golden Eagle has nearly come to completion.

GLAXXX

Hi,

Talk on Parkmead boards of GPA field and Enquest Producer . . .any thoughts?

=if(GLAXXX, dividends,fine)

Hi,

This is novel way to spend a Saturday night but it's the new normal . . .

Your data in your representative cells C and G 169 don't have decimal points
The formula I use whre there are decimal points in those cells works for me.

I've added a gap before and after the "-"

="*"&TEXT(K15,"00,00,000")&" - "&TEXT(B4,"00,00,000")&" - "&TEXT(B13,"00,00,000")

I sense many will be reaching for the filter button right now . . . Sorry

GLAXXX

Hi,

The sheet shows two spaces in your formula in F175 after the comma seperator after the second and third cell references. Works for me . . . .

Hi,

This is new I think:

https://www.enquest.com/environmental-social-and-governance/environmental/environmental-reporting

ESG on the agenda. A reporting deadline met I would guess but just appears without announcement. Makes it feel a bit dirty in my opinion.

GLAXXX

Tarmak,

"*"&TEXT(K15,"00,00,000")&"-"&TEXT(B4,"00,00,000")&"-"&TEXT(B13,"00,00,000")
and decrease decimal to 0

*105,841,113-1,347,996,415-265,000,000

That work?

Hi Tanker Fans,

Rumour has it quayside that Amjad has paid the billion from personal reserves and Ever Given is now going to be fitted with a snergelly hose and attend exclusively to the overflowing Kraken asap.

Also, soon to be reported on the upside, Enquest has allegedly done a deal on enviromentally friendly macrame wine coasters made by Ever Given crew during downtime and these are being sold on and used to fund new kit and social distancing inflatable supporter dolls for Sullom Voe under 15's 5 a side football team. Fantastic PR and promotion to the Faroe Islands Super League inevitable. Swinney reported to be over the moon but looking closely at ongoing increased costs of half time oranges.

No need to follow share price, poo, tanker movements , macros, micros or ahos. Trust me, I'm a Therapist.

GLAXXXXXXXXXXXXXXX

All,

I see posts all green, no trolls in view
Don't see the gloom, or bull**** too,
And I type to myself,
What a wonderful world.

The filter button is coveniently located . . . . etc.

GLAXXX

Aha,

It all makes sense now:

https://www.bbc.co.uk/news/world-middle-east-56638282

The Suffolk Male obviously got away before arrests were made.

GLAXXX

All,

Made the BBC albeit a decommisioning platform being skeleton staffed:

https://www.bbc.co.uk/news/uk-scotland-56625878

I'll post something pure oil related next to restore the balance.

GLAXXX

Hi,

I also don't see a bit of alternative energy or alternative processes discussion as OT.

"OGA are the licensing authority for offshore carbon dioxide storage in the UK, approving and issuing carbon dioxide storage and appraisal licences, storage permits, and maintaining the carbon storage public register." This from a recent press release on North Sea Transition Deal "Secondly, the deal recognises that oil and gas - with the capital, expertise, infrastructure and supply chain - is crucial to progressing game-changing alternative energies such as floating offshore wind and hydrogen, as well as carbon capture and storage (CCS)." I think it is inevitable and that includes ENQ. Stop reading now if that bores you.

I also listened to an Energyvoice podcast today with regard extra cost for wind and wave energy producers to feed electricity into grid due to remote location of power stations. It costs more to get it to where it is needed and someone needs to pay. Suggestion was they might not bother, turn it into green hydrogen instead and sell it to Europe or the pent up demand from Scottish Industry including major whisky distillers who already want to change their processes. Won't change the taste I promise.

That'll be green hydrogen powered patio heaters on the EP helideck ****tail lounge then . . .

GLAXXX