Gulf Keystone Petroleum Share Discussion Threads

[habshan] 10/5/2021 18:20

Bigdog - "All the evidence that anyone with a working brain requires."

So that's your "evidence" is it.

Let's take this one:-

"OWC found hundreds of metres higher at S12 which resulted in the latest CPR showing a huge downgrade to 2P reserves from the one they were using up until last September."

First of all where is your "evidence" that the OWC has been found "hundreds of meters" higher at Sh-12.

And where is this "HUGE DOWNGRADE" that you keep talking about.

The latest CPR update shows that the 2p reserves in the Jurassic which is where 80% of the reserves are, have been adjusted down 2% to allow for 2020 production, so no downgrade in the Jurassic then.

The update goes on to say that 47 million barrels of the 2p Triassic and Cretaceous reserves were reclassified as 2c resources WHILE the FDP is progressed with the MNR.

Of that 47 million you can subtract the 3 million from the Cretaceous because it's ABOVE the Jurassic so that leaves 44 million barrels.

You say that those 44 million barrels represent a "HUGE DOWNGRADE" and have been wiped out.

How could the OWC being "HUNDREDS OF METRES" higher than they thought it was wipe out only 44 million barrels of reserves.

You're just incapable of putting together any kind of logical argument supported by credible evidence and making any sense are you Sarah.

[bigdog5] 10/5/2021 16:56

OWC found hundreds of metres higher at S12 which resulted in the latest CPR showing a huge downgrade to 2P reserves from the one they were using up until last September.

Absolutely no references to the Kozel BS barrels since he was kicked out. Not even a very small percentage of those Kozel barrels discovered in eleven years and 13 wells.

Only one ESP installed since they first planned them before the wipe out.

Current lower production than over five years ago.

Still no 55k a day that they planned for over five years ago.

Targeted the lower zones to produce from S12/S13 to add to the reserves but had to alter the plans due to OWC being found much higher than anticipated their data hence the massive downgrade. That and the failure at S9 that went hunting for the gas cap but couldn't find it is the evidence they still don't understand the field after eleven years.

Leaving it all to the experts has resulted in a wipe out and 1.7p after 11 years.

All the evidence that anyone with a working brain requires.

[bigdog5] 10/5/2021 16:42

Mac, S2 is plum bang smack in the middle and if they've got water there as well they're in tons of trouble imho. Any over zealous sucking and its goodnight to the Ratner jewel of the last great frontier?

Now where has the Scottish hydrant checker disappeared to? Spring cleaning all his ludicrous posts and predictions?

[bigdog5] 10/5/2021 16:25

Mac you're comment of "Why are all the new wells getting closer to the middle ???"

Well you wouldn't want to be drawing water in from the flanks as SC reckons but what is the excuse for finding it plum bang smack in the middle of the field at S12/S13?

More evidence to support my opinion that the field has shrunk massively?

[kurdman63] 10/5/2021 13:42

Good Afternoon Jamie 😃

I wonder how much a signed copy of The Prize is worth 😂

[habshan] 10/5/2021 13:04

Bigdog - "the evidence that's now arrived that you and your fellow morons are forced to desperately dismiss."

Nobody's trying to dismiss any evidence Sarah because we haven't seen any.

So why don't you have a stab at providing some so we can take a look at it.

[beernut] 10/5/2021 12:26

Biden declares state of emergency over fuel cyber-attack.Today 01:06


Biden declares state of emergency over fuel cyber-attack
By Mary-Ann Russon
Business reporter, BBC News

Published10 minutes ago

The US government declared a state of emergency on Sunday after the largest fuel pipeline in the US was hit by a ransomware cyber-attack.

The Colonial Pipeline carries 2.5 million barrels a day - 45% of the East Coast's supply of diesel, gasoline and jet fuel.

It was completely knocked offline by a cyber-criminal gang on Friday and is still working to restore service.

The amendment to the Jones Act enables fuel to be transported by road.

Experts say fuel prices are likely to rise 2-3% on Monday, but the impact will be far worse if it goes on for much longer.

Multiple sources have confirmed that the ransomware attack was caused by a cyber-criminal gang called Dark Side, who infiltrated Colonial's network on Thursday and took almost 100GB of data hostage.

After seizing the data, the hackers locked the data on some computers and servers, demanding a ransom on Friday. If it is not paid, they are threatening to leak it onto the internet.

Colonial said it is working with law enforcement, cyber-security experts and the Department of Energy to restore service.

On Sunday evening it said that although its four mainlines remain offline, some smaller lateral lines between terminals and delivery points are now operational..................................

[beernut] 10/5/2021 12:10

Lines 1 2 3 and 4 offline

Cyber Attack Halts Colonial Pipeline Operations
by Andreas Exarheas|Rigzone StaffMonday, May 10, 2021


Colonial Pipeline Company has revealed that the business learned it was the victim of a cybersecurity attack on May 7.

The company, which noted that the incident involves ransomware, said that, in response, it proactively took certain systems offline to contain the threat, which temporarily halted all pipeline operations and affected some of its IT systems.

Colonial Pipeline also revealed that a leading third-party cybersecurity firm was engaged and that this company has launched an investigation into the nature and scope of the incident. Colonial Pipeline said it had contacted law enforcement and other federal agencies, including the Department of Energy which is leading the Federal Government response.

“Maintaining the operational security of our pipeline, in addition to safely bringing our systems back online, remain our highest priorities,” Colonial Pipeline said in a company statement.

“Over the past 48 hours, Colonial Pipeline personnel have taken additional precautionary measures to help further monitor and protect the safety and security of … [our] pipeline,” the company added.

“At this time, our primary focus continues to be the safe and efficient restoration of service to our pipeline system, while minimizing disruption to our customers and all those who rely on Colonial Pipeline. We appreciate the patience and outpouring of support we have received from others throughout the industry,” Colonial Pipeline went on to state.

As of May 9, Colonial Pipeline’s mainlines (Lines 1, 2, 3, and 4) remain offline, although some smaller lateral lines between terminals and delivery points are now operational. The company said on Sunday that it is in the process of restoring service to other laterals and that it will bring its full system back online only when it believes it is safe to do so and in full compliance with the approval of all federal regulations.