htTps://www.viaro.co.uk/post/viaro-energy-signs-agreement-to-take-over-shell-exxonmobil-s-uk-southern-north-sea-assets |
Why no rns like jog have issued this morning?
Tut tut
Ps how much is the material amount owed to Shell? |
 Cat33 Are you on commission? all you do is repost
cat33 - 28 Jul 2024 - 13:31:12 - 14493 of 14494 Chariot Oil & Gas - Moderated - CHAR
Nice summary from Jim
https://oilman.beehiiv.com/p/oilman-jims-letter-july
Worth reading
cat33 - 28 Jul 2024 - 13:30:07 - 5274 of 5276 Have we been DELT an ace with super major SHELL OIL?!?!? - DELT
Good write up from Jim
https://oilman.beehiiv.com/p/oilman-jims-letter-
Worth reading
cat33 - 28 Jul 2024 - 13:28:11 - 18139 of 18168 Not MODERATED by the guild - PANR
Positive write up from Jim
https://oilman.beehiiv.com/p/oilman-jims-l
Worth reading
cat33 - 28 Jul 2024 - 13:26:50 - 505 of 506 88e MONSTER FLOW TESTING Q1 2024 - 88E
Latest from Jim
https://oilman.beehiiv.com/p/oilman-
Worth reading
cat33 - 25 Jul 2024 - 13:34:37 - 12443 of 12461 Wilted Rose to a new Zephyr - ZPHR
Good summary from Jim
https://oilman.beehiiv.com/p/oilman-jims-letter
Worth reading
cat33 - 25 Jul 2024 - 13:33:22 - 14489 of 14494 Chariot Oil & Gas - Moderated - CHAR
Nice summary from Jim
cat33 - 25 Jul 2024 - 13:31:59 - 397 of 399 Helix Exploration
Good summary from Jim
Worth reading
cat33 - 24 Jul 2024 - 14:24:19 - 16652 of 16654 Europa Oil and Gas - EOG
Good piece from Jim
https://oilman.beehiiv.com/p/oilman-
Worth reading
cat33 - 24 Jul 2024 - 14:22:01 - 331 of 332 Orcadian with Charts and News - ORCA
Nice mention from Jim
https://oilman.beehiiv.com/p/oi
Worth reading
cat33 - 24 Jul 2024 - 14:20:43 - 12522 of 12524 PMG, anyone heard of it?? - PMG
Good piece here from Jim
https://oilman.beehiiv.com/
Worth reading |
Material amount please???????? |
If you're interested in where exactly the rig is: |
Instead of putting out what is known
How about telling us about this material amount that we owe Shell???????? |
Graham Swindells, CEO of Deltic, commented:
"We are excited to be commencing drilling operations on Selene with our partners Shell and Dana, and for which we are fully carried for the estimated success case cost. This will be the first exploration well spudded on the UKCS in 2024 and is an equally important milestone for Deltic. The Selene prospect is a high impact infrastructure-led exploration opportunity which demonstrates the strength and depth of the portfolio that we have built over the last few years, and which we estimate to be worth multiples of the Company's current market value. Despite ongoing political uncertainty, we look forward to commencing operations and continue to believe exploration on the UKCS has a hugely important role to play in supporting the provision of energy security, vital jobs within the energy sector and offsetting higher carbon intensity imported energy." |
Note the success case plan:The well is designed to collect all key information in relation to reservoir quality and gas composition that is required to support, assuming a successful drilling outcome, a field development plan and final investment decision on the potential development of the Selene gas field without the requirement for a further appraisal well. The Joint Venture has therefore determined there is no requirement for a full well test as part of that process and, in line with normal oilfield practice, the well will accordingly be plugged and abandoned on completion. |
Deltic Energy Plc / Index: AIM / Epic: DELT / Sector: Natural Resources
Selene Drilling Operations - Rig Mobilisation
Deltic Energy Plc, the AIM quoted natural resources investing company with a high impact exploration and appraisal portfolio focused on the Southern and Central North Sea, is pleased to announce that the Valaris 123 drilling unit has been mobilised and is on route to the Selene well location.
Shell UK Ltd ("Shell"), in its role as Operator of Licence P2437, has informed Deltic that the Valaris 123 drilling unit was mobilised on 21 July from its current location in the Central North Sea, and is anticipated to arrive at the Selene well location in the Southern North Sea shortly, depending on weather conditions encountered during transit. Drilling operations are expected to commence shortly thereafter, with planned operations lasting approximately 90 days. The Company will make a further announcement once drilling has commenced.
The well is designed to collect all key information in relation to reservoir quality and gas composition that is required to support, assuming a successful drilling outcome, a field development plan and final investment decision on the potential development of the Selene gas field without the requirement for a further appraisal well. The Joint Venture has therefore determined there is no requirement for a full well test as part of that process and, in line with normal oilfield practice, the well will accordingly be plugged and abandoned on completion.
Deltic estimates the Selene structure to contain gross P50 prospective resources of 318 BCF (P90-P10 Range of 132-581 BCF with GCoS of 69%) in the Leman Sandstone reservoir, which is the key reservoir interval in all adjacent gas fields including Barque, Clipper and West Sole.
Following farm-outs to Shell in 2019 and Dana Petroleum (E&P) Limited ("Dana") in February 2024, Deltic is fully carried for its 25% working interest in the Selene well up to a gross success case well cost of USD$49M, which is in excess of the Operator's success case well Authorisation for Expenditure of USD$47M. |
It's there. Will be jacking up today... |
Deltic Energy Plc, the AIM quoted natural resources investing company with a high impact exploration and appraisal portfolio focused on the Southern and Central North Sea, is pleased to announce that the Valaris 123 drilling unit has been mobilised and is on route to the Selene well location.
Shell UK Ltd ("Shell"), in its role as Operator of Licence P2437, has informed Deltic that the Valaris 123 drilling unit was mobilised on 21 July from its current location in the Central North Sea, and is anticipated to arrive at the Selene well location in the Southern North Sea shortly, depending on weather conditions encountered during transit. Drilling operations are expected to commence shortly thereafter, with planned operations lasting approximately 90 days. The Company will make a further announcement once drilling has commenced.
The well is designed to collect all key information in relation to reservoir quality and gas composition that is required to support, assuming a successful drilling outcome, a field development plan and final investment decision on the potential development of the Selene gas field without the requirement for a further appraisal well. The Joint Venture has therefore determined there is no requirement for a full well test as part of that process and, in line with normal oilfield practice, the well will accordingly be plugged and abandoned on completion.
Deltic estimates the Selene structure to contain gross P50 prospective resources of 318 BCF (P90-P10 Range of 132-581 BCF with GCoS of 69%) in the Leman Sandstone reservoir, which is the key reservoir interval in all adjacent gas fields including Barque, Clipper and West Sole.
Following farm-outs to Shell in 2019 and Dana Petroleum (E&P) Limited ("Dana") in February 2024, Deltic is fully carried for its 25% working interest in the Selene well up to a gross success case well cost of USD$49M, which is in excess of the Operator's success case well Authorisation for Expenditure of USD$47M.
Graham Swindells, CEO of Deltic, commented:
"We are excited to be commencing drilling operations on Selene with our partners Shell and Dana, and for which we are fully carried for the estimated success case cost. This will be the first exploration well spudded on the UKCS in 2024 and is an equally important milestone for Deltic. The Selene prospect is a high impact infrastructure-led exploration opportunity which demonstrates the strength and depth of the portfolio that we have built over the last few years, and which we estimate to be worth multiples of the Company's current market value. Despite ongoing political uncertainty, we look forward to commencing operations and continue to believe exploration on the UKCS has a hugely important role to play in supporting the provision of energy security, vital jobs within the energy sector and offsetting higher carbon intensity imported energy." |
The rig flotilla ETA: now 04:00 at current c. 6 knots with tidal assistance...
Possible RNS in the offing, (edit): unless they wait until after the well is spud... |
On a more serious note many thanks steelwatch for your regular updates which are very much appreciated |
Aye aye Captain |
Estimated time of arrival 06:00 tomorrow at current speed... |
Rig East of Newcastle, heading South at 4.4 knots. Destination Selene... |
On the move this morning. Ideal sea state. |
Rig for Selene probably jacking or jacked down at current location Erskine. The 2 anchor handling tugs are en route from montrose, ETA: 2024-07-20 11:00.
Game on!
edit: Also a smaller tug involved: |
Hi,Any update on rig mob ? |
Hi Guys, just a gentle reminder that herecomesthesun is a convicted pheadophile, please don’t engage, he has been reported to ADVN as a matter of urgency |
Quite a tick up at the close, hopefully a case of "they thought it was all over" - but it was not. 😉
Selene could save us. |
The 2 AHTS are Maersk Mover and Maersk Mariner which may be tracked here: |
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