Find Your Broker
Share Name Share Symbol Market Type Share ISIN Share Description
Jersey Oil&Gas LSE:JOG London Ordinary Share GB00BYN5YK77 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.00p -0.61% 164.00p 162.00p 166.00p 165.00p 164.00p 165.00p 12,567 15:51:12
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 0.7 6.5 25.3 32.72

Jersey Oil&Gas Share Discussion Threads

Showing 2751 to 2775 of 2775 messages
Chat Pages: 111  110  109  108  107  106  105  104  103  102  101  100  Older
DateSubjectAuthorDiscuss
15/1/2019
08:02
Hope they've taken the sea sickness tablets HD - 5m waves now, moderating later today.
xxnjr1
15/1/2019
07:41
Db - the change was sensible as the rig was delayed somewhat on its previous round of drilling and by extended maintenance. As the 3D seismic was done on time it would have been silly not to bump Verbier to the end of the queue. As for the timing of the appraisal, it was me hassling JOG that led to them admitting to the well being delayed to this year! I told them in no uncertain terms that I believed the most likely spud date in real life was around June but they asserted that they just use the dates provided by the operator. And it seems that Equinor don't bother updating even their partners very often! It is hardly a surprise that Ragnfrid North has overshot. However, Pip and Bigfoot look like quick and easy drills so early 2Q is still possible. It hardly matters as any further delay of another month or two simply provides more time to model the block using the new seismic data. xxnjr1 - maybe there are weather issues as per Hurricane's frustrating delay to hook up the AM? Maybe they need the swell to moderate to unhook at RN?
hiddendepths
15/1/2019
07:41
usual 5 supply vessel suspects heading out to RN.
xxnjr1
14/1/2019
21:14
yeah, will most likely run into Q2. Rangfrid North is an HPHT well, drilling through about 5000m of rock section. Currently 22 days overdue. Not unusual at that address. [dunno why they keep sending anchor handling vessels out, but rig appears not to move!!!. Maybe rig and wellbore firmly cemented to oceanic crust :-) :-) :-) ]
xxnjr1
14/1/2019
19:41
Davidblack,,,,,re read 370. Why not use the latest 3D to optimise drill location. Whats a few months in the scheme of things, frustrating though it may be
pol123
14/1/2019
18:55
Yes but wasn’t this well due last year? And if I am not mistaken this well is not going to happen this quarter?
davidblack
14/1/2019
18:31
It's an Equinor 4 well drilling program. Equinor have a 70% operating interest in P2170!
xxnjr1
14/1/2019
18:11
Well still due Q1? Q1 of course only having ten more weeks to go! Feels like Jersey are very much the poor relations when it comes to drill access.
davidblack
14/1/2019
16:32
I wasn't! Interesting captain, thanks for that.
xxnjr1
14/1/2019
15:13
Yes, it makes sense to look at the 3D before the appraisal well is drilled and could be the reason Equinor changed the schedule for the UKCS portion of their West Phoenix campaign, moving Verbier from 1st to 3rd. Incidentally I don't know if you are aware but following on from our discussions on 20/5a-10y, the OGA has implemented a supplementary 31st licensing round for the Greater Buchan area commencing this qtr. hxxps://www.ogauthority.co.uk/news-publications/news/2018/supplementary-offshore-licensing-round-to-target-greater-buchan-area/
captain james t kirk
14/1/2019
14:52
Yes, the annoucement above is in 2O18 so the reference to q3 and q4 above actually refers to 2O18. So they were clearly planning to drill before seismic results were all in. The seismic is for the whole block and my suggestion especially Cortina. Now! They will have done Verbier first though and have results for the appraisal well I am certain. Also, putting the well to last on the list gives more flexibility. Personally I believe Verbier might be big for some of the reasons I already posted re oil column. Again, The likelihood they have drilled the best sands with the biggest oil column with a sidetrack are slim since their original seismic was a bit out which we can allude to from the original well missing. So, I reckon late q1 to q2 as you say but possible more drilling if appraisal successful which I am confident it will be. imho dyor
bomfin
14/1/2019
13:05
What do you mean by on this ?
captain james t kirk
14/1/2019
12:56
In this RNS hTTps://www.investegate.co.uk/jersey-oil---38--gas-plc--jog-/rns/completion-of-3d-seismic-survey/201806280700098314S/ It says: "Delivery of the final imaged data by PGS from the survey continues to be expected in late Q1 2019. This data will be integrated with the results from the Verbier appraisal well, scheduled for drilling late Q3/early Q4 this year, which, in a success case, will be an important step for strategic planning as the Verbier project progresses into a potential future development phase." So I guess we won't see anything on this until Q2 now?
parisv
13/1/2019
21:55
weird, seems like a repeat of last weekend Havila Jupiter: Returning to base Far Sigma: Returning to base Normand Skipper: Returning to base Siddis Mariner: Off the grid (WP: Off the grid) All of above went went to WP yesterday.
xxnjr1
13/1/2019
14:56
Thanks xxnjr1 We are last in the drill list. ok that gives perhaps more flexibility when they get there.
bomfin
13/1/2019
14:46
Good post bomfin! On another topic, West Phoenix: Off the grid +++++++++++++++++++++++++++ Havila Jupiter: Off the grid Far Sigma: Off the grid Siddis Mariner: Off the grid Normand Skipper: Returning to base All of above went went to WP yesterday.
xxnjr1
13/1/2019
14:24
If you look at page 9 of the presentation above and the new outline of what they think Verbier may be then the oil in vicinity of the well is unlikely to be more than 1km2. Now the new outline is about 12km2. Go have a look. They are quite confident they have drilled the thickest sands. I think that is unlikely and there will be thicker sands somewhere in the trap. They would have to be geniuses to sidetrack a well into the thickest sands first go. Also often there are thicker sands at the fault. Still, Let us assume they got the thickest oil column. For it to give 25 million barrels recoverable oil in the vicinity of the well and my assumption that is a 1km2 area, again look at page 9 of the February 2O18 presentation, then the oil column has to be at least 4O metres. My guess would be 5O metres. That is very healthy and if it extends north and south east any distance at all we are closing in on 1OO million barrels recoverable. All imho dyor
bomfin
12/1/2019
22:18
Thanks folks, I now under the context of recent posts. Good detective work. Fingers crossed. Hope WP starts to move sooooooooooon
pol123
12/1/2019
20:15
It also may explain lack of detailed reporting on the discovery well. They may be trying to shake Repsol out! As xxjnr1 stated JOG used the API of the oil at J2 as an indication of oil quality at Verbier suggesting strongly even after the well result that they are connected. I bet they got a ticking off for that. lol
bomfin
12/1/2019
20:12
Yes captain. Exactly. Economies of scale and Repsol as people who were previously trying to sell J2 may sell out or! get fully involved or perhaps swap and entry into Verbier for some producing assets. Buchan and Hannay are also possible redevelopment assets although I doubt they have much reserves left. The Buchan platform is being dismantled. Hardly surprising they were worried about its safety 2O years ago even.
bomfin
12/1/2019
19:41
pol With a fair wind we and our partners, of course, already have 25m barrels in the hutch as the Verbier discovery sidetrack well 20/05b-13z. JOG have already stated that with this volume of oil they believe the discovery to be commercial, ie it supports the cost of the infrastructure needed to get the oil out of the ground economically. We are hoping that the upcoming appraisal well and possible sidetrack, will prove up greater volumes as estimated by JOG (up to 130m barrels of recoverable oil.) What bomfin is saying is that with the Repsol Sinopec 20/5a-10y discovery well in very close proximity to Verbier, if our volumes do not increase after the appraisal, then we could join forces and develop the two wells together to achieve economies of scale.
captain james t kirk
12/1/2019
18:01
Its 3 kms from Verbier discovery. I am saying there are already resources to add to the 25 million barrels discovered in Verbier. I believe Verbier is big but there are enough reserves in the area already for a development already is what I am saying.
bomfin
12/1/2019
17:46
Some interesting posts, but in summary what does this mean for JOG. Apologies, but Im not as learned as other posters here. Thanks
pol123
12/1/2019
17:31
And here you have it. Quite pleased with my J2 guesstimate of 15 million barrels. Repsol estimate is 14 to 43 million barrels. hxxp://www.stellarlimited.com/Mandates%20RepsolSinopec%20-%20Buchan.htm
bomfin
12/1/2019
17:24
Here you will see it called J2 and looking substantial. Sorry link was too enormous, edited it out. If you search j2 field buchan and pictures you will see Jog have shown it as a substantial discovery within the Repsol licence.
bomfin
Chat Pages: 111  110  109  108  107  106  105  104  103  102  101  100  Older
Your Recent History
LSE
JOG
Jersey Oil..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20190115 23:03:24