Uk Oil & Gas Share Discussion Threads

[bygdennis] 30/4/2021 10:58

Well doggy!! Why would I discuss the potential of ukog when information is available for folk to decide for themselves!!
what I will do is is stop kemche/ken chung from promoting lemming and mushroom pies!!
They're never cooked properly and make people sick!!
I think most like blue!! Especially at close!
So pointing out all those who dun it is more important!! All they need to do is confess! Take their punishment and stop being who they are!! DYOR!!

[bionicdog] 30/4/2021 10:38

There has to be contingency for BHs etc. Like I said yesterday , sub 100 bopd IMO and declining.

[cyan] 30/4/2021 10:33

I see comments on the Drill or drop article highlighting the issue raised by the 60 tonne per day and the reduction to just 49 tonnes of one site storage.



As HCA mentioned earlier , this can not be right for the production at weekends when there's no tanker traffic .

I think the explanation is really simple. The amended plan has a theoretical maximum production per day of 60 Tonnes; they are not claiming that will be the norm.

Page 13 has this paragraph;
"(d) Provide details of how each relevant substance is proposed to be transported to and from the land to which the application relates, for example the size and frequency of vehicle deliveries, the size or maximum flow rate of pipeline imports/exports. "

"maximum flow" suggests to me that 60Tonnes (440 barrels 0 is now the best case maximum theoretical production. They have given themselves head room.
These line confirm round the clock production.

"Extraction anticipated to be 24 hrs per day/365 days per year.
Transported off site via Road Tanker
(HGV) on a daily basis.
Out load – ~60 tonnes per day.
Number of vehicles – 2 per day"

Its clear to me that the 49 tonne storage facility gives an indication what UKOG realistically expect to produce each day; including weekends.

49 tonnes equals about 360 barrels.

It follows that for the weekend filling of of the tank that UKOG are predicting daily production of up to circa 200 barrels every day.

I would not be surprised that , in the fullness of time production between 150-200 barrels per day will be evidenced before depletion impacts over the reduced 20 year life of production.

[bionicdog] 30/4/2021 10:18

Denise
I don't remember you discussing any of UKOG's projects. Please enlighten us.

[bygdennis] 30/4/2021 09:53

Yes kemche but if you want fame you could be the fist to buy ukog today!! All the good points have been posted for your perusal and not to be ignorant!!
Keep what you have and do your best to get more!! It's all about fashion!! Never give up!! Expose All naughty people!!

[bygdennis] 30/4/2021 09:38

Yep kemche!! Horse Dung and roses!! The blue has begun!!

[bygdennis] 30/4/2021 09:37

How thick is that then doggy?? It comes in many different forms depending on diet!! Mostly it stinks to high heaven!! You can find all the facts before you flush in the toilet bowl!! Don't think you can get away with stink!!

[kemche] 30/4/2021 09:36

UsernameDenise, "You'll see what you've done as the Sun goes down!!"

Wha'di hactual raas???? Wha' yu taak bout sun go dung? Wha' kyainda bamba is dis?

[bygdennis] 30/4/2021 09:34

Iamwierd comes to life after a miss spent hour or so telling us all about red and it's affect on metal health!! You are responsible for your posts and will be exposed to all who have breakfast before 7.30 am!!

[iammrweald] 30/4/2021 09:30

Another red week,that's all I have to say. The clever people can jibber away,its all they have left....he he

[bygdennis] 30/4/2021 09:27

Never mind what kind of English is not English!! You can't get away with what you're doing!! No one likes eating or drinking the stuff you passing off as medicine!!
You'll see what you've done as the Sun goes down!! Won't we?? Keep your Doggy under control!!

[bionicdog] 30/4/2021 08:42

As long as she doesn't tell us what she's wearing.

[kemche] 30/4/2021 08:38

Are you related to Atino?

[kemche] 30/4/2021 08:37

UsernameDenise, Do you understand what you type?

And which variant of English is that?

[bygdennis] 30/4/2021 08:34

What we'd all like to know hans is!! What's not happening??
The termite/kemche gang are hiding in shame as evidence piles high! The pink couches must go back to the charity shop!! Boris wants his money back!!

[onetomany] 30/4/2021 08:03

35 with no chance of precipitation. In shorts.

[hans christian andersen] 30/4/2021 07:59

28 with a chance of rain. Sweet FA happening here or in Turkey. I'm just waiting on SS turning up in shorts!

[bygdennis] 30/4/2021 07:56

Is It Blue today?? I think so!! Gremlins and radishes!!

[25wbh] 30/4/2021 07:11

Good morning all , Gismo , Rayrac , Hans ,Iam, and all my usual friends

[bygdennis] 29/4/2021 19:34

Termite!! Stop dribbling and skulduggering all over the place!! What have you done with all the oil??
You're very good at changing the written word and documentation!!
You can't just write off millions and hope you'll be able to corner the lemming and mushroom market!!
It just doesn't make sense!!You've been ramping ukog for years now with no results!!
It's time for blue!! Get your jab!! The oil will flow!!

[cyan] 29/4/2021 19:11

I think they could for a short time; if all goes extremely well; produce up to 350 barrels a day; but it can't last .

There must be an ugly 20 year depletion curve if this passage is near to the truth; it suggests to me that HH will 'dribble' for years.


"For guidance purposes only, the Company's qualified persons ("QP") consider that the 1C value of 0.6 mmbbl carried for Horse Hill in Table 3, below, provides a reasonably representative view of HH-1's likely technical recoverable Portland reserves at the end of 2020. "
(from annual results RNS)

Apart from the huge write down in the value of HH; the estimated recoverable was the shocker for me.