Member Info for Therapist

. . . and thanks Brevet, sorry missed off list.

Hi Gurun/HMN

Thanks for info. I have just revisited this and realise that I did have those sort of Brent Premiums built in for latter part of 2019 before it all went tits up for 2020. Have now added those potential improved figures into 2021 forecast for Kraken and also Kraken Hedge and I now have something just shy of $500 million clear of beak even using $27 be for 2021.

Someone clarify but the "BE" quoted by Enquest is including everything; opex/capex finance costs etc?

GLAXXX

Hi

Circa 45% production = Kraken = not Brent = VLSFO = potential Premium
Circa 12% production =Malaysia = not Brent = Tapis = potential Premium

Just sayin'

GLAXXX

Hi,

Inspired by others posts I went back into the Kraken premium for a rethink.

https://www.dropbox.com/s/pcesqkoe4a2qmo1/VLSFO%20Graph%2002.01.bmp?dl=0

I knew it had gone flat for a while but pleasantly surprised at the pick up. Not able to hone in without membership but looking at high $2 to $3 premium at least on this graph. Add that into calculations and it gets a bit exciting 2021.

Must look at Tapis also.

Factual not Rampy.

GLAXXX

Hi Hitman,

I have predicted through to end 2021.

I have just over 60k for 2020

With Malaysia at 40% till April and some generous shutdowns I have 52554 for 2021

https://www.dropbox.com/s/0rsf6itdbtv309w/Enquest%20Production%20Data%20-%20Production%20Predicted%20%20to%202021.pdf?dl=0

All a bit of fun as I know "**** happens"

GLAXXX

All,
Numbers in on dashboard not spreadsheet so gross rounded to nearest 10.
All figures below boepd net to Enquest
Magnus with planned shutdown at 9168
Kraken a good month at 27,941 of steamy, creamy, premium
I'm assuming Malaysian incident didn't happen till November so leaving that as is then we are 50,005 for the month but Magnus at around 50%.

Here's to a great year of enhancing hydrocarbon recovery and extending the useful lives of assets in a profitable and responsible manner.

GLAXXX

. . . . and she's off . . . . at last . . . . managed to drag the Captain out of the Rose and Crown. Steering seems o.k.

GLAXXX

All,

Changed to Natalita and tba.
It's never simple.

GLAXXX

all,

N Oceania flagged at Scapa Flo Jan 4th 0600 coming from our favourite offshore installation. Currently at Macduff

HNY GLAXXX

All,

https://twitter.com/gunnarssonerik1/status/1343638950657875969

VLFSO on upward trajectory as Tarmak and others have alluded. Little tickle from an inerested Shampoo if you look closely.

Getting those containers to Spin's backyard is getting pricey.

GLAXXX

Hey All,

Just released, and a bit on the downlow due to current restrictions, but just booked a New Years Eve special deep in the heart of EP dockside at Nigg. A match made in heaven; Shampoo and Mr ABC together at last. "Washing the Height Fantastic" followed by "Lascivious Lessons in the Lexicon of Love", and then the grand finale a threesome joined by Neil Hannon and his amazing Ramping Cannon. Guaranteed to blow you drier than a camel's guiche in a sandstorm. LSE VIP tickets available at trollticketing.com and we are still considering a live stream for those that can't make it.

GLAXXX

Pelle,

Mexicans pay for walls . .

Best to you and your forest of goodness . . .

Hi all,

Merry Xmas one and all . . . .except the scum sucking pondlife that think their ramping/deramping matters a jot. You are on the naughty list and for the record tomorrow will be ****ter than the rest of 2020 put together.

Peace out dudes . 2021 woop woop !!

GLAXXX

Hi,

Done a bit of digging on this and below updated 15/12/20:

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/944189/Northern_Producer_FPF_Consultation_Draft_DPs_Rev_A5.pdf

Forgive if posted already.

Luckily we don't own the unit so no chance of me picking it up for low offer on enquest ebay account. Probable timeline confirmed. Dump it on the sea bed days have long gone.

GLAXXX

All,

Fantastic! They are fighting for it now. This, more than any global interchage, is going to drive the price on Monday. North Sea oil pirates marauding the high seas for the dark and lucrative juices from the Heimdal depths. Let's hope it doesn't go no deal and they negotiate two snergelly hoses on the go at the same time. Twosup as it were.

They said Christmas was cancelled . . .

GLAXXX

Pelle,

I don't know what they are saying but the filter button is conveniently located at the top of the user screen.

Fields of Green . . . . . . . but feel free to have a play first.

GLAXXX

Hi Valkyrie,

Jan posted three days ago. What's the problem? I'll walk with you. Grrrr!!!

I still maintain that evidenced info either way is good but unevidenced, ****wombling, goatmunching, dread spreading , guttersnipeing , pox ridden, pointless bull**** is not so good. Sorry If I am repeating myself.

Have a good night's sleep one and all.

GLAXXX

Hi all,

Petronordic en route for another load of the North Sea's finest. Due 17th at 0800.

GLAXXX

Hi All,

Here is an offering for a cold winters eve.

https://www.dropbox.com/s/splwoi9z3megnwl/Enquest%20Production%20Data%20to%20Sep%2020.pdf?dl=0

Including an "Other NS" plot as they have decided to classify it like that. Shows the "Other NS" decline but we knew that.

A bit of gas boepd at Kraken and Magnus primarily for Tarmak. They got gas.

And some numbers. Now I know it isn't real fcf and I meant to remove the reference but my bottom line is a stab at spare revenue to do **** with. I have assumed brent at $50 for remainder of year.

Malaysian gas is interesting (Oh christ he's banging on about gas again). My 2019 sheet fall short on reported Malaysian gas revenue by about 30% so what comes up at Malysia has a premium on NS gas.

I've added a couple of quarters of return from end of PSC.

GLAXXX

All,

I had a read of this the other day:

https://corporate.exxonmobil.com/-/media/Global/Files/investor-relations/Investor-presentation.pdf

The "Energy Demand Will Grow section" was enlightening. Five people enter the middle class every second. Who'd have thought.

GLAXX