Falkland O&G Share Chat - FOGL
|Share Name||Share Symbol||Market||Type||Share ISIN||Share Description|
|Falkland O&G||LSE:FOGL||London||Ordinary Share||FK00B030JM18||ORD 0.002P|
|Price Change||Price Change %||Share Price||Bid Price||Offer Price||High Price||Low Price||Open Price||Shares Traded||Last Trade|
|Industry Sector||Turnover (m)||Profit (m)||EPS - Basic||PE Ratio||Market Cap (m)|
|Oil & Gas Producers||0.0||-2.1||-0.4||-||67.20|
Falkland O&G Share Discussion Threads
Showing 35500 to 35525 of 35525 messages
|Agna - apparently Loligo appears to have limitless options that had never crossed our minds:)Anyways, let's focus on the upcoming Humpy and then Isobel (well hopefully) drills as those (together with rising crude prices I might say) hold the keys to the FOGL rocket taking off in the shorter term. GLA||tongosti|
|But from thin air Tongosti? I seriously doubt this will be a contender. :)
This from the other Board. Interesting presentation - and no sign of Isobel being redrilled yet - Jayne East is still in the frame according to this.
I don't know when it was - but is fairly current. The Isobel mention is interesting too. They didn't TD on that one.
One small part of Stewart's Macdonalds (CFO Rockhopper) presentation of RKH references Isabel for those that are interested. Credit to Buzzfeed Stubble on the RKH bb for the link.
|Yes it is, at great expense, with a LAND based refinery which isn't viable in the FI's||ngms27|
|As I said, this is not what one would expect with FOGL but technically you can certainly turn gas into oil (check Shell and Sasol in South Africa for large GTL operations or VLS for smaller GTL ops). GTL is different from LNG. Look it up||tongosti|
|No you cannot turn gas into oil. You refrigerate it and it becomes a liquid for transport with something like a 50000% reduction in volume. At the other end you let it warm up and voila you have gas to supply into a grid. It's currently debatable whether LNG is economically viable given a collapse in the gas price world wide. FOGL would need Floating LNG, if memory serves me right there may only be one such vessel built / being built.||ngms27|
|Gas is a very long shot indeed but you never know how things could change. If Loligo indeed contains 50 to 100 tcf then you are talking about 10-20bn of barrels of oil equivalent. If (naturally, a very very big if) a gas to liquids project (Shell operate one in Qatar although one on dry land rather than the high seas!) becomes feasible, then you can - in theory - convert such humongous amount of gas into higher value liquid products such as oil. Not saying such a thing is likely to happen but you just never know ...GLA||tongosti|
|Loligo is estimated at 50-100TCF. It's the size of the fields that will determine production. Oil on the up brent $53.60, WTI $48.70||whoppy|
|Gas in the FI is worth didly squat as there is no route to market. Give it 30 years and it then maybe viable. Until then it's no better than a duster. Loligo is probably 5TCF plus as an example. If FLNG takes off it maybe sooner, but still an hostile environment for development.||ngms27|
|That gas field discovery well and truly nobbled Noble today.
|In your opinion. There isn't any proof either way at present, lets see what the RNS states when it arrives.||ngms27|
|Yep, put's it firmly in the largest 0.5% of fields.||ngms27|
|Almost as big as Loligo's 50-100TCF...but 30TCF is big for one field. Loligo: encouraging results • Proves a working hydrocarbon system in the northern part of the basin: • Mature source rocks • Active hydrocarbon migration • Presence of reservoir • Loligo is a viable stratigraphic trap • 6 separate gas bearing zones (T1~T5) • High saturation gas (not ‘fizz gas’) • T5 reservoir was a pleasant surprise • 106m net pay, log porosities of 20-30%, but low permeability's • Loligo has a very large gas in place volume: c.50 – 100 TCF (GIIP)* • Better quality reservoir may be developed elsewhere within the Loligo complex • Probably a ‘wet gas’||whoppy|
|Black Monday (in August this time!) has come and gone! The September oil stock challenge is now on. Deadline for entries is midnight on Tuesday...
|Bank Holiday Monday i think - see y'all Tuesday - and||agnabeya|
|O/T - the Ocean Guardian can be viewed from my window -wee bit of history there. 2010 seems like a dream now..:) I can't believe it's been 4 years already.||agnabeya|