Bp Share Discussion Threads

[veryniceperson] 13/3/2023 12:26

Got to worth a top-up

[qs99] 13/3/2023 11:59

4% fall? Seems a bit crazy?

[scruff1] 13/3/2023 09:09

Knowing how barmy the world has gone I wonder If the funds took out shorts before announcing their plans and will now close and go long !!

[dovey21] 13/3/2023 08:48

I lived and worked in Saudi for some years nearby to the Aramco 'city'. It is a nationally celebrated company. We have to seek out the "bad" in every UK success.

[spawny100] 13/3/2023 08:47

Depends on the heat pump. Air source I agree are generally bad but ground source heat pumps can work very well and be very cheap to run in the right well designed and insulated house.

[veryniceperson] 13/3/2023 08:45

Scruff1 we have a Conservative Socialist government at the moment and whoever foreseeable future. We have no money and borrowing a fortune.

[scruff1] 13/3/2023 08:38

One thing after another. bank crisis seemingly averted now its over to the eco loons intent on crashing profitable co's. I wonder if Saudi Aramco has the same issues as eco loons and windfall taxes !!

[veryniceperson] 12/3/2023 19:08

Nicely put adg and very true.

[veryniceperson] 12/3/2023 19:06

Nicely put adg. All very true.

[hellscream] 12/3/2023 17:31

two woke pension funds, havent these two pension funds devested anyway? who cares what they think, green dont work.

[actomox] 12/3/2023 17:11

A view maybe adg - if you have no concern for the future of your children and grandchildren. I for one, am invested in Shell and BP and recognise that we need oil into the future - but that does not stop me wanting them to reduce their impact on global warming faster.

[wolansm] 10/3/2023 10:46

Silicon Valley bank

[gibbs1] 10/3/2023 08:53

bank problems

[veryniceperson] 10/3/2023 08:52

Bad start this morning, don't know why.

[waldron] 09/3/2023 13:49

BP unveils UK’s largest EV charging hub

Published 09 Mar 2023 Last Updated 09 Mar 2023 11:49

Rachel Adatto Contact Author



BP Pulse, BP's electric vehicle charging arm, has launched the UK’s largest EV charging hub in Kettering, North Hamptonshire

[sharetalk] 08/3/2023 21:42

Oil stock followers may be interested UKOG drill Pinarova-1 end March 2023. Location already has oil seep and flow from above shallow stacked structures, to be drilled:

UKOG
1/3/2023

Turkey: Pinarova-1 well update

Highlights:

-- Drilling rig secured for new Pinarova-1 shallow oil exploration well (UKOG 50% interest) , designed to test shallow Eocene Hoya light oil prospect, of some 9 km(2) areal extent, 300-645m below surface . Pinarova lies beneath an active light oil seep found last summer in a seismic shot hole, 6 km north of the Company's Basur-1 oil discovery.

-- Site construction now expected to start in 7-10 days with an estimated duration of around 14-21 days, given good weather.

-- Drilling to a total depth of around 500-550m to directly follow site completion, currently expected around end March to early April 2023. Dependent on outcomes, expected drilling campaign duration up to 28 days.

-- The Company is fully funded to cover its share of the expected $0.4 million gross dry hole and $0.63 gross success case (tested and completed as an oil producer) costs.

UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that the Resan JV (UKOG 50% non-operated interest) having secured a suitable small rig to drill the new Pinarova-1 shallow oil exploration well, now expects to commence site construction within the next 7-10 days. Site construction is expected to take approximately 14-21 days and, consequently, given no weather-related construction delays, drilling to a total depth of around 500-550m is expected to commence directly after site completion towards the end of March to early April 2023. The Pinarova-1 campaign is expected to take up to 28 days to deliver a well completed for future oil production.

As per the Company's 11(th) January 2023 release, Pinarova-1, located 6 km north of the Basur-1 oil discovery, is designed to test a working hypothesis, supported by well and seismic data, that the active 41.7˚API light oil seep found last summer in a seismic shot hole above the Pinarova structure (see RNS of 30 June 2022), is directly fed by and connected to an underlying light oil accumulation of some 9 km(2) areal extent within Eocene Hoya group limestones, 300-645m below surface.

The presence of movable oil within Pinarova is also indicated by results of the 2018 Kezer-1 shallow geothermal well, located near the apex of the Pinarova geological feature. Kezer-1 reported strong oil shows throughout the Hoya and is reported to have flowed heavily oil-cut fluids to surface on a short open-hole geothermal test.

The Company and its joint partner Aladdin Middle East consider Pinarova to offer similar potential success case outcomes to a Basur-4 appraisal well, but at much lower drilling and development costs and with a shorter time to execution and delivery.

Estimated gross Pinarova-1 drilling costs range from $0.4 million dry hole to $0.63 million tested and completed as a pumped oil producer. The Company has ample funds to cover its share of the planned drilling and testing campaign.

Stephen Sanderson, Chief Executive, commented:

"Pinarova's prospectivity, potential success case oil volumes and modest drilling costs make it an attractive stand-alone project that could, in the success case, deliver oil production in H1 2023. Given the positive shallow oil seep evidence plus the good light oil shows encountered within Pinarova by the Kezer-1 geothermal well, the new well will seek to establish if that oil is present in commercially viable saturations and volumes that can be pumped to surface. We look forward to the impending start of site construction and subsequent drilling directly upon its completion."


UKOG
6/3/2023

Pinarova-1 drilling update

-- Company granted Turkey's General Directorate of Mining & Petroleum Affairs' formal consent for Pinarova-1 well geological & technical objectives & design. GDMPA must receive notice of intended "spud" date 5 days before drilling spud, still expected around end Mar/early Apr 2023.