Uk Oil & Gas Share Discussion Threads

[25wbh] 06/7/2018 07:57

Morning Gismo,markycrispy,

[gismo] 06/7/2018 07:57

Morning amr, and as far as they can see a few more weeks. I read yesterday that records of soaring temperatures are being broken all over the world.

[ccr1958] 06/7/2018 07:56

Keeping an eye Gismo,what’s your problem. I have been in and out for years now ... lose the aggression!

[gismo] 06/7/2018 07:55

Morning marky, perhaps SS can sue them, I would!!

[amr2017] 06/7/2018 07:55

Morning all,

What’s that yellow thing in the sky all about, it’s been there for weeks!

[gismo] 06/7/2018 07:55

Morning 35 and all. Ccr why are you still here??

[markycrispy] 06/7/2018 07:54

Daily Mail yesterday was reporting the earthquake in Gatwick was very close to the UKOG fracking site that had just started testing - unbelievable ignorance

[markycrispy] 06/7/2018 07:46

Had the most amazing day playing golf yesterday.Whilst chatting it was amazing how many mutual friends we all had and how many fantastic courses and places we had all been over the past 40 years of golfing - It really is the best sport.Played with integrity and good humour and can honestly say am proud to be a golfer and the richness to my life it has given me.

[25wbh] 06/7/2018 07:41

Morning ccr.

[ccr1958] 06/7/2018 07:35

Morning 25 .

[ccr1958] 06/7/2018 07:35

Ozz , are you still in here ?

[25wbh] 06/7/2018 07:28

Good morning all

[ozzmosiz] 06/7/2018 06:51

Ken Chung...for a company you hate, you spend a lot of time on this board. Up all hours

[moneymunch] 06/7/2018 05:57

Ker-ching!!! Gla ;-)

Published 10:51 AM ET Tue, 3 July 2018

Morgan Stanley hikes oil price forecast to $85 as Trump targets Iranian barrels

Morgan Stanley raised its forecast for Brent crude prices by $7.50 to $85 a barrel for the second half of 2018.

The bank expects the oil market to be undersupplied as tougher-than-anticipated U.S. sanctions cut off Iran's crude exports and output in Libya and Angola falls more than expected.

Production increases from Saudi Arabia, Russia, the UAE and Kuwait will not be enough to balance the market, Morgan Stanley says.

[moneymunch] 06/7/2018 05:49

HH

Chairman's Statement 29/6/18

I remain very confident that the comprehensive long-term production testing campaign will provide the necessary data to fully assess Horse Hill's Portland and Kimmeridge commerciality and help move the project towards timely production in 2019.

Our short-term flow tests at Horse Hill in 2016 provided the first step in our journey towards sustainable Horse Hill cash flow, demonstrating commercially viable metered initial stabilised rates of 323, 464 and 901 bopd from the Portland, KL3 and KL4 oil pools, respectively, over short 4 to 8 hour flow periods. We are confident that the EWT will build upon these short tests and move us closer towards our goal of positive cash flow in 2019.

Horse Hill's 2018 forward plan will deliver a programme of three flow test sequences lasting in total around 150 days. These tests are designed to assess whether the well is connected to a commercially viable volume of oil in one or more of the threes discovered oil pools.

Following a successful EWT outcome and an associated declaration of commerciality, a two well drilling campaign is planned to commence in late 2018/early 2019, comprising a Portland appraisal well, HH-2, plus a Kimmeridge sidetrack, HH-1z. Both wells are designed to be completed as future permanent oil producers, with first oil targeted in 2019, subject to the necessary regulatory approvals and field development consent. A planning application to convert the site to a permanent producing site is underway with a submission expected in late summer/early autumn.

[markfrankie] 05/7/2018 23:53

Kenchung take a closer look.

BB had drilling issues, I believe they will return there and use the knowledge they gained 1st time around, have a read up on it. (Maybe no more potato cutting compound/ maybe drilling at a slightly different angle/ defiantly a different time scales of the cement squeeze. Have a read up on it.

HH has already flowed, have a read up on it.

[henchard] 05/7/2018 23:30

Any news on the Gatwick Gusher? Is the Portland gushing 300 bopd yet?

[ken chung] 05/7/2018 22:06

This could slip back to 1p now.Wouldn't want to be holding on bad news particularly after the failure at BB.

[andy] 05/7/2018 21:50

gizmo,


Very apt, LOL!

[gismo] 05/7/2018 21:34

I thought you had gone?

[gizmogizmo] 05/7/2018 21:18

I have just realised what the tremor was 👍.

It's the pressure of the trillions of barrels of OIL pushing up from the centre of the earth below the Weald. Hahahahahahahahaha

🎶 it's coming home 🎶 it's coming home 🎶 it's coming 🎶 👍👍👍👍.
🎶 THE OIL IS COMING HOME 🎶 💸💰💸💰8077;

[ccr1958] 05/7/2018 21:12

I am saying nothing 🙃