Uk Oil & Gas Share Discussion Threads

[beebong1] 13/9/2016 07:28

Wrong bb.

IMO he sounds like a 2nd hand car salesman trying to sell you a hybrid when all he has is a 2CV! A fish out of water by the sounds of it.
Since when have we had a gas project at HH or Brockham?
Think he needs to DYOR as just kept repeating himself and getting lost doing so.

[moneymunch] 12/9/2016 17:42

Alba Mineral Resources Plc CEO Mike Nott Current operations update

Posted by: giles.arbor 12th September 2016

Alba Mineral Resources Plc (LON:ALBA) CEO Mike Nott talks to DirectorsTalk about current operations and future plans for existing projects. Alba holds a 15 per cent interest in Horse Hill Developments Limited, the company which has a 65 per cent participating interest and operatorship of the Horse Hill oil and gas project (licences PEDL 137 and PEDL 246) in the UK Weald Basin. The company has also elected to earn a 5% interest in Production Licence 235, which comprises the producing onshore Brockham Oil Field.

[moneymunch] 11/9/2016 13:32

Ps the IoW had a new gas pipeline installed two years ago from the mainland, and the old one has been moth balled and could maybe be re-commissioned by Ukog in the future, and only a short hop to Fawley, there's also 56,000 gas customers on the IoW and so maybe any gas reserves discovered could be plugged straight into the gas network if appropriate.

[moneymunch] 11/9/2016 13:28

If the oil is confirmed recoverable in massive volume as anticipated from across the Weald and elsewhere, then a network of pipelines will undoubtedly be the way forward and ultimately will be the most economical and profitable, and existing networks could possibly be utilised and/or new pipeline could be laid along side existing networks which would keep installation costs to a minimum, especilally if a Major decided to get involved. Esso's pipeline for instance is 120 miles long, and carries fuel from Fawley Refinery in Hampshire to Purfleet Fuel Terminal ( Thames Estuary, just down from Dartford) and Gatwick, and runs close to Horse Hill and Holmwood, and Broadford Bridge etc. Gla holders ;-)

[mikeygit] 11/9/2016 11:03

harrison---thanks, interesting info. Similar process could happen in The Weald and maybe even link up with Wytch Farm?

[harrissen] 11/9/2016 09:29

Wytch Farm has the capacity to pump 100,000bpd but are now down to about 20,000bpd so there is plenty of space available if uk oil & gas could link up with the Hamble crude oil pipeline.

Infrastructure at the Wytch Farm oil field

More than 100 wells (including producers and water injectors) were being operated from 13 well sites at the Wytch Farm oilfield as of June 2012. The oil field also uses a sea water-pumping station.

The fluid output from the well sites is sent via infield pipelines to the gathering station located at Wytch Heath where crude oil and liquid petroleum gases (LPGs) are separated. Oil from two other Perenco-operated smaller oil fields namely Wareham and Kimmeridge is also transported to the Wytch Farm gathering station for processing.

Oil from the gathering station is sent via a 91km long and 16-inch diameter pipeline via the Fawley refinery to the Hamble oil terminal. Natural Gas (methane) produced at Wytch Farm is piped to Sopley located north of Christchurch. The LPG produced from the gathering station is exported by road tankers.

[mikeygit] 10/9/2016 17:57

Surely, unless they rip the line up, if we get sufficient oil out of The Weald then the line can be used again?? Thats my simple way of thinking about it---laying a pipeline would be must more expensive??

[harrissen] 10/9/2016 11:49

A convoy of tankers takes only two hours from Gatwick well head to Fawley refinery compared to three hours+ by train!



If Fawley wont take road tanker transported crude there are plenty other refineries that will.

Hamble have some sort of crude oil pipeline that gets crude to Fawley

[beebong1] 09/9/2016 17:58

"Fawley oil refinery's decision to stop using the Totton to Fawley line could ends hopes of a Waterside passenger service

FAWLEY refinery is about to stop using a Hampshire railway line in a move that could destroy hopes for a new passenger service.

Trains on the freight-only Totton to Fawley line deliver crude oil to the huge petro-chemical complex, the largest facility of its type in the UK.

The refinery has denied that its decision to stop using the route will result in a huge number of extra road tankers on local roads.

But ExxonMobil’s announcement has fuelled fears that passenger services on the Waterside will never be re-introduced.
Stations on the line were closed in 1966 and the imminent loss of the only trains still using it has led to speculation that the track will be ripped up.

Campaigners have spent years trying to persuade the authorities to provide commuters with an alternative to the A326 and other traffic-choked roads.

A refinery spokesman said 99 per cent of all crude oil delivered to Fawley arrived by ship.

He added: “Rail-based deliveries are no longer economic and will cease at the end of this month. In future all crude used in the refinery will arrive by ship – none will be transported by road.”
The announcement received a mixed reaction from Waterside county councillor David Harrison.

He said: “I’m very relieved that Exxon are saying there will be no extra road traffic as a result of this decision and I will be monitoring matters to ensure this is the case.

“However, it’s unfortunate as far as the railway line is concerned.

“I’m fearful that lack of use will mean the line is allowed to fall into disrepair and impact on the ambition to restore a passenger service.”

In 2009 the Association of Train Operating Companies called for passenger services on the line to be re-introduced to ease congestion on local roads.

Hampshire County Council looked at the idea but three years ago said it failed to meet the business case requirements set out by Network Rail, which owns the track."

Would be interesting to know how all the other fields that were using Holybourne are getting oil to a refinery e.g. Horndean.

[moneymunch] 09/9/2016 16:39

Mothballed!!! Gla holders ;-)

[beebong1] 09/9/2016 15:11

Suggest you both read the Barton Willmore letter dated 15th June, XODUS CPR and the UKOG website for the latest accurate information on Markwells Wood.
Even they are out of date as they refer to train transfer to Fawley which closed at the beginning of the month.

[mikeygit] 09/9/2016 09:37

Yep---good points. Exciting times ahead. Wish we had more news coming out of DOR though!! Still expect the share price to rise enough for us all to have a healthy profit.

[moneymunch] 09/9/2016 09:23

Added value mikey, the vertical well bore is already there and so Ukog plan to drill four 800m horizontal sidetracks which should be relatively cheap and quick compared to a new vertical well. I wouldn't be surprised if they're planning to test the Kimmeridge limestones at the same time if they extend that far, or even hope to discover any gas reserves , and although one tanker a day isn't a lot, it still equates to c£2k a day net profit to Ukog, c£700k a year which will increase as PoO increases, and of course if the there is more oil, then the site is a lot closer to Fawley and other storage depots on the South Coast which could make it economical for a pipeline. gl ;-)

[mikeygit] 09/9/2016 08:49

Moneymunch---Markwells Wood is a funny one IMO and I am not entirely confident much will come of it. As most of us know Northern Pet had the site for some time and drilled to quite a depth and in the end sold it of to UKOG as they could not see a great commercial value in it. Keith Bush, NOP CEO is still sceptical of the value there---so a few years down the line and I assume with more up to date technology, it will be interesting to see what UKOG makes of Marwells Wood---I am not holding my breath on this one, and prefer to bank on the other areas UKOG has interests

[moneymunch] 09/9/2016 06:07

Courtesy of ukkiboko on Lse.

[beebong1] 08/9/2016 20:26

www.whatdotheyknow.com/request/344488/response/846013/attach/html/6/image2016%2007%2013%20175040.pdf.html

Broadford Bridge PEDL 234

UKOG letter dated 20 may 16
"We aim to start this programme in Winter 2017" which means IMO Jan/Feb 2017 or December 2017 if you use the meteorological definition of winter. Would be nice to know what UKOG definition of winter is!

Drill two exploration wells by 30 June 18.

[moneymunch] 08/9/2016 20:08

Oil could well be produced in site near Rowlands Castle

Monday, 25 July 2016 Petersfield Post

A BID to create a “petroleum development” in a woodland site near Rowlands Castle is firmly in the pipeline.
But people in Forestside still have concerns with the F-word despite assurances from UK Oil and Gas Investments (UKOG) about its plans for Markwells Wood.
Oil could be produced in the heart of the South Downs if a likely application to erect a rig at the 1.55 hectare site is approved by planners.
It could be lodged in September as UKOG believes they’ve got “more than a 50/50 chance” of making the site economically viable.
Their plan includes the drilling of four horizontal wells, each extending for 800 metres, from the existing vertical borehole.
Production could run for 20 years but they admit the scheme is “speculative” and carries a huge financial risk.
Fracking, noise and traffic were the biggest concerns of residents who attended a UKOG exhibition last Thursday in Forestside and Stansted village hall.
Brian Alexander, media spokesperson for UKOG, stressed the firm’s proposals do not involve fracking before adding there was no certainty that the scheme would happen.
He said: “There’s a lot of hoops to jump through. It could take a long time but the planning application will go in, with a bit of luck, in September.”
Steve Sanderson, CEO of UKOG, believes the initial construction and drilling phase will be the most disruptive period for locals.
He said: “If and when we have production going they won’t notice or see it at all.
“I think the main issues revolve around traffic but if it’s successful – and there’s a lot of uncertainty attached to that – then we’re only looking at having one road tanker a day.”
Many villagers still have concerns with one of the nearest residents, who did not want to be named, raising fears about the effect of drilling on house prices.
She said: “We moved here to have a peaceful environment and I think it’s going to be trashed by a big company.”
The prospect of chemicals being pumped into ground below a key aquifer also alarmed Reed Paget, an anti-fracking campaigner from Elsted.
He said: “What happens is those chemicals get back up into the aquifer as it feeds Havant, Portsmouth and hundreds and thousands of people?”

[beebong1] 08/9/2016 18:40

www.proactiveinvestors.co.uk/columns/trendstargets/25968/is-uk-oil-gas-set-to-more-than-double-in-value

Is UK Oil & Gas set to more than double in value?

13:12 08 Sep 2016



drillordrop.com/2016/09/08/new-bid-for-20-years-of-oil-production-in-south-downs-national-park-due-soon/

New bid for 20 years of oil production in South Downs National Park due soon
BY RUTH HAYHURST ON SEPTEMBER 8, 2016

[moneymunch] 08/9/2016 06:32

Lots of variables in the value of small cap oil explorers TU, including the PoO and % interest held, along with sentiment, speculation potential and prospects, but the bottom line for Mid/ Major Cap " Producers " is the amount of oil deemed recoverable, and so SS is using the above example of the potential future returns.......which will be transformational if all comes good......Gl and the smart money is definitely accumulating imho, get ready for the herd. ;-)