Tullow Oil Share Discussion Threads

[alfiex] 24/1/2022 14:47

In freefall now always reacts hard to poo and market. Puts a dampener on results Wednesday.

[xxnjr] 24/1/2022 09:40

That was a good quote SS. JUB just had a shipment, possibly suggesting we could be slightly above that. TEN is offloading now, will probably complete today PM, if so kind of suggests about 25K bopd gross. TEN was the tail that wagged the dog last year. This year Jubilee gains should easily more than make up for TEN losses, as the latter is becoming less material given steady decline.

[subsurface] 24/1/2022 08:48

Thought may be of interest

Ghana’s crude exports unchanged in January

Published date: 25 November 2021

Share:
Ghana's crude exports have been scheduled at 153,000 b/d in January, in line with December, according to loading programmes.

January exports of the country's flagship grade Jubilee are unchanged on the month at 92,000 b/d across three cargoes. One cargo each of TEN Blend and Sankofa are scheduled in January for a combined 61,000 b/d, also unchanged from December.

Traders expect London-listed independent Tullow Oil to market the January parcel of TEN Blend and Italian integrated firm Eni to market the medium sweet Sankofa shipment.

[xxnjr] 24/1/2022 08:28

If the Jubilee shutdown is all of April then you loose, let's say hopefully, about 95,000 gross bopd for that month. To get that back with 8 months remaining, production would need to rise by 95/8, or 11,875 bopd.

Some of this will be much needed deferred annual maintenance which was skipped last year and maybe even the year before. But the main objective, as you say thommie, is to boost the injection and processing capacities which should have a lasting effect. There was also some talk of making the gas line between the 2 fpso's bi-directional (i.e JUB could send gas to TEN presumably utilising spare capacity there?) Hopefully more details in the update.

The early JSE wells will probably be tied into existing vacant slots as per the original development plan that got derailed by the oil price crash

"JSE Phase 1 will maximise the use of existing infrastructure. Seven Jubilee production wells, two Jubilee water injection wells, two Mahogany production well tails and one Mahogany water injection well will be drilled. These will be tied into the existing production (P1, P4 and P5) and water injection manifolds (WI4) using jumpers and control leads, and into a newly installed water injection manifold (WI5) using flexible flowlines and umbilicals."

This has probably been re-worked so maybe less wells in JSE phase 1 now?

[subsurface] 24/1/2022 00:00

Thanks to Adiuuk on LSE


Total’s oil pipeline gets go-ahead from Ugandan MPs despite secret terms


The new bill that undergirds it holds “supremacy” over all existing legislation other than Uganda’s Constitution, making it “very difficult” for laws that offer environmental and social protections to be upheld in the event of a conflict.

[fizzmiss] 23/1/2022 11:24

According to Xnn, the amount of gas being pumped will cause a serious problem for TLW and potentially seriously affect output?

Who knows, his posts depends on if he is ramping pumping and dumping or shorting; him being a day trader of the stock.

All sorts of predictions of how high the share price will rise next week, me, I think it will stay around the same or a little lower, then a massive profit take after results.

I think most of the expected mega news is in the share price, just hope Raul delivers something positive,

[thommie] 23/1/2022 10:34

This could perfectly fit with the end of the omicron wave, the shut down work happening in the gap before the next variant appears. So hopefully the right time to effectively carry out the work. On the other hand we lose some production while being shut down. But I guess we can get it back over the rest of the year if the shutdown works at enhancing gas handling capacity, etc can lift up the potential daily production as it will enable to produce more out of high GOR wells than previously possible for the rest of the year and enables additional pressure support to producing wells via additional water injection capacity. I guess they will also add additional spots for well tie ins to take the future producers from the jubilee south east development.

[subsurface] 23/1/2022 07:09

Ghana

Tullow re scheduled the November Shutdown to April 2022


Based on the firm’s statement, this shift in timeline allows the work scope to be optimised and gas enhancement works previously planned for a 2023 shutdown to be accelerated.

[xxnjr] 21/1/2022 11:34

Hi there, this basically outlines how TEN subsea installation was constructed

"The subsea installation campaign began in July 2015. In total, 35,000 tonnes of equipment was installed on the seabed in the TEN Fields. The bulk of the subsea production equipment was installed by theTS7 consortium (Technip and Subsea7).

The Seven Borealis and Simar Esperança operated in the fields in the second half of 2015. Their scope of work included the installation of three Enyenra manifolds, one Ntomme manifold and the Enyenra and Ntomme oil production riser bases. At the same time, several pipe laying vessels completed the installation of flow lines on schedule.

The project’s umbilicals, which connect the FPSO to the subsea equipment and have a total combined length of over 60 kilometres, arrived in Ghana in November 2015. The installation of the first 10 was completed by the Viking Neptun in January 2016 and the remainder were installed by the Deep Pioneer in April 2016. The final milestone in the campaign, the installation of all umbilicals and risers, was completed in July 2016....."



Interesting to see Seven Borealis is due in Takoradi on 1st Feb. Could be working for Tullow again perhaps? If so could indicate acceleration of subsea stuff in the works.

[rayrac] 21/1/2022 09:01

Allo allo, oil must be on the wain? 😱

[kulvinder] 20/1/2022 09:59

Who can blame anyone who is taking a profit, especially if they came in at 40p mark or below, when we have had to wait nearly a year for the share price to hit 60p again...

[fizzmiss] 20/1/2022 09:02

Great move, a profit is a profit; the MM are all over this when it comes to manipulating the share price lower for their master sewer rat shorters.

You could be right in saying all the news is in the share price.

M Mm Mmmmmmmmmmmmm what to do.

My heart says hold, my head says sell and don't fight the MM constant manipulation lower trend compared to higher oil price averages.

If oil drops or data from the good ole USA is terrible, then world markets will crash.

I personally do feel world economies are on the brink of a world crash due to COVID etc.

Everything has continued to go sky-high during COVID and is not sustainable.

[mrthomas] 20/1/2022 07:58

sold out at just over 60p will come back in if the price falls rather have cash in the bank and profits then get too greedy.

[fizzmiss] 20/1/2022 07:48

Today should be interesting, oil went up by $2 to $89 and TLW never moved.

Today oil is down around $1 so let's see what the crooked MM do with the share price to assist their masters get out on the cheap lol

Blatantly corrupt as you like the UK markets.

[clive7878] 19/1/2022 16:16

Recommeded today by Motley Fool, prospective pe of 5

[kulvinder] 19/1/2022 15:31

Stopped in its tracks a bit today, I suppose we have had a good run of late!!! Just hope it not run back south to much from here.

[grupo guitarlumber] 19/1/2022 13:32

59.56 GBX -0.73%

Next stop 62.30p

perhaps not today it seems

[fizzmiss] 19/1/2022 08:13

Close them shorts xxn lol, I can smell the porky burn from here.

Not so doom and gloom about TLW now are ya eh lol

But will add... oil up over $2 since close and the MM are still blatantly trying to hold the share price back to assist the sewer rat shorter mates get out on the cheap.

Should be 80p NOW! Well easy.

Blatantly corrupt as you like, Shockingly back in the red now.

Oil up $2 since yesterday close and TLW falls????