Tullow Oil Share Discussion Threads

[alfiex] 11/8/2021 07:27

hTTps://www.businessdailyafrica.com/bd/corporate/companies/tribunal-orders-taxman-refund-tullow-sh488m-3506988

[ammu12] 11/8/2021 07:04

The Kenya Revenue Authority (KRA) has been ordered to pay Tullow Kenya Sh488.2 million tax refund arising from crude oil exports under the Early Oil Pilot Scheme (EOPS) in 2019.KRA had thrown out the tax refund claim saying Tullow used a wrong format by filing the claim manually instead of using iTax and for making the claim out of time.

[misca2] 10/8/2021 18:47

[United Kingdom] TULLOW OIL PLC (TLW)

Delayed Quote. Delayed London Stock Exchange - 08/10 11:35:01 am

47.47 GBX +1.76%

[ammu12] 10/8/2021 17:29

Another poor deal for the shareholders: Tullow Oil plc ("Tullow" or the "Company") is pleased to announce that it has completed its offering of $1,800 million aggregate principal amount of 10.250%

[ammu12] 10/8/2021 16:37

Enquest closed 8.4% up This Shyte struggled to stay blue lol

[xxnjr] 10/8/2021 07:43

thx good summary of the upside Thommie. The Kosmos Q2 slides say

• Jubilee J-55 water injector drilled and completed. Hook
up ongoing. – Expected online 3Q21

• TEN gas injector well
expected to commence
drilling 3Q21, online 4Q21

• Second Jubilee producer well
drilling 4Q21 – expected online
around year end

[waldron] 10/8/2021 07:13

European markets head for somber open, reflecting global caution over Covid

Published Tue, Aug 10 20211:21 AM EDT

Holly Ellyatt
@HollyEllyatt


Key Points

European stocks are expected to open slightly lower on Tuesday, continuing a more cautious approach seen globally at the start of the week.

London’s FTSE is seen opening 8 points lower at 7,128, Germany’s DAX is seen 21 points lower at 15,740, France’s CAC 40 down 7 points at 6,811 and Italy’s FTSE MIB 19 points lower at 25,090, according to IG.

[thommie] 09/8/2021 23:04

thx for the summary. sometimes I really cant believe in hindsight how bad the former ceo mcdade has been at doing what he did. no wonder uganda and kenya didnt show any signs of progress before he left as I guess he managed that parts as bad as ghana at least. the only thing he did was wasting money in unsuccesfull wildcat drilling all over the world and capex investments into uganda and kenya without a real plan leading to benefit. what would ghana and the production numbers look like today if someone like rahul would have taken over tullow 2-3 years earlier. I remember that they said in early 2021 that the jubilee fpso will be shut down for 3 weeks in september to upgrade the number of producers that can be tied in for further development and to increase water injection capacity, but I havent heard about it anymore in recent rnss and different interviews. I always thought the low production guidance for 2021 is related to this shut down as the actual performance of jubilee with hopefully more succesful drilling of wells is indicating a better guidance for this year for me. ok, the real challenge will be to get TEN on the right way. this enyenra wells seem to be damn tricky and the GOR problems will be hard to resolve - lets see what the planned gas injector can improve there. if they get jubilee to over 100 000 bopd (I expect it to return to 90 000 bopd at end of 2021 already after the next jubilee producer will be drilled and completed - the completion of the water injector could lead to 85 000 bopd in avg for the rest of the year) in 2022 and TEN back to 60 000 bopd things will look very good by then. and in my head Im often thinking of what might happen if they do find good reservoirs just over the border in cote the ivory which could be fast tracked via tie in into the TEN fpso. Im also looking forward to a possible gas offtake solution. tullow will get sth for its gas in about 12 months if gas offtake numbers stay where they recently were. I dont wanna think of the possibility that ghana might be able to increase the gas offtake in the future if they finally start to get pipeline plans done to export the gas into different parts of the country and maybe even for export... very exciting times could be lying in front of us.

[xxnjr] 09/8/2021 14:18

thommie that is a very good question. Not sure. Looking at recent Presentations water inj capacity was/is/will be

2017/19: 130 kbw/day
2020: 160 kbw/day
NOW: 200 kbw/day
2021: 240 kbw/day
2023: 300 kbw/day

JUB currently has 11 water injectors, plus 1 more being connected.
err.... maybe the bottleneck was on the hull? (the pumps weren't maintained in a timely fashion under the previous ceo).

However the latest Annual Report says "The engineering work to increase redundancy and reliability has resulted in record levels of water injection with rates now in excess of 200kbwpd, despite a failure in a water injection riser in November 2020.

Could mean targets above will be lowered a tad? Unless they replace the riser? Or maybe just forget that one as probably 1 riser for each water injection well?

[thommie] 09/8/2021 12:59

without being an expert I often get the impression, that water injectors are more time intensive to complete compared with producers. Does anyone know if the bottleneck at daily water injection capacity is the count of water injectors or the amount of pump capacity on the fpso at Jubilee?good to see that predictions about a 10k bopd rise for the producer seems to be right. Lets hope that the predictions about 8000 bopd for the water injector will be spot on as well. at current oil prices the producer will have paid for itself in just 3 months. like booty said - unbelievable economic!It looks silly not to advance the drilling program by contracting a 2nd drilling rig.

[subsurface] 09/8/2021 08:41

Very good news XX Thank you.

[fizzmiss] 09/8/2021 08:23

Never goes up with oil but the MM crash it back down for there sewer rat shorting mates on a small drop in oil

[waldron] 09/8/2021 07:56

European markets set to start the week on a negative note


Published Mon, Aug 9 20211:12 AM EDT
Holly Ellyatt
@HollyEllyatt

Share

Key Points

European stocks are expected to open in negative territory on Monday, bucking more positive sentiment overnight in Asia-Pacific markets.

London’s FTSE is seen opening 17 points lower at 7,109, Germany’s DAX 23 points lower at 15,738, France’s CAC 40 down 8 points at 6,815 and Italy’s FTSE MIB 87 points lower at 25,891, according to IG.

[xxnjr] 09/8/2021 07:33

SS - out of Kosmos today:-

"The first two wells in our four-well campaign were drilled in the quarter with the first Jubilee producer well (J-56P) completed and now online with Jubilee currently producing around 80,000 bopd."

[fizzmiss] 07/8/2021 21:56

Anyone put pen to paper and worked out what would happen to the oil price if IRAN came back onto the market at full flow?

[xxnjr] 07/8/2021 14:56

SS - Can't quite believe July will be as high as tanker movements suggest as it would mean J-56P at comfortably over 10K with little associated gas, given they may also throttle back on some of the existing gassy oil producers.

On the CP - why not throw your hat into the ring!

[subsurface] 07/8/2021 12:05

Waiting for news on July Ghana production numbers and to find out who are new chairperson will be?

[umitw] 07/8/2021 11:31

It is FCA not FSA...!do you live in UK ?

[waldron] 06/8/2021 18:06

Price (GBX)
47.42 1.02% (0.48)



Open / Last close
47.11 / 47.42

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