Union Jack Oil Share Discussion Threads

[likeawalrus] 28/3/2024 09:09

poster boy?

[bsg] 28/3/2024 09:07

· Andrews-1-17 well has a geological chance of success estimated by the Operator to be 75%

· Approximate ten-day drilling period to a depth of 5,200 feet

· Completion time is swift; approximately eight days including perforating and flow-back if successful

[likeawalrus] 28/3/2024 08:58

regarding the Andrews spud, will they use a beam pump or is the oil expected to flow under its own pressure? will the oil be piped or stored for collection by tankers? any indication as to how long it will take to monetise the gas?

is there a link to a project plan? thx.

[gclark] 28/3/2024 08:44

This US stuff appears almost to be too good to be true. Low cost of drilling, not the same planning delays, no lobbyists and a better fiscal environment, which in the Uk will destroy locally-produced oil and gas.
Well done David, I would say at the moment. Everything is a risk, and at least we will find out quickly.

[currypasty] 28/3/2024 08:25

personally I think the plan to develop / extend / sell gas from Wressle is bigger news than the USA spud, so surprised no rns

[likeawalrus] 28/3/2024 08:01

mark, O&G is a fascinating industry, far more technical than I realised. With the addition of politics, climate change and the environment, one can see why things take so long in this country. wrt the 2030 deadline, this will surely affect Kedd, Penystone & Bisc quite significantly.
Unfortunately a lot of our imported oil comes from the US where flaring per barrel of oil is very high. Iran Iraq Russia, etc dont seem to care much so whatever we do in this country will have no significant effect other than making politicians feel good...

[bsg] 28/3/2024 07:59

75% success, this is UJO. So 0% on current form.

[markfrankie] 28/3/2024 07:51

Law, thanks for that, I wonder if west newton will get drilled by then lol :))
Good news today

[likeawalrus] 28/3/2024 07:46

"All operations must have zero routine flaring and venting by 2030."

[likeawalrus] 28/3/2024 07:41

"Completion time is swift, estimated at approximately a further eight days including perforating and flow-back"



an interesting read

[likeawalrus] 27/3/2024 22:51

curry I emailed Ruth with the link to the planning application this afternoon

[currypasty] 27/3/2024 21:23

blooming marvellous that drill or drop gets notified before shareholders

[bionicdog] 27/3/2024 15:55

It would appear so.

[currypasty] 27/3/2024 15:15

Bit of a flurry, update in the morning ?

[markfrankie] 27/3/2024 11:41

Lol bionic,More like the 32nd

[likeawalrus] 27/3/2024 11:32

let's hope it sails through with no appeal required otherwise we could be looking at 31st April 2026

[bionicdog] 27/3/2024 11:27

Perhaps the 31st of April is a reality.
Only joking.

[likeawalrus] 27/3/2024 10:56

current NLC planning meetings 17th April and 8th May, June not yet scheduled

[markfrankie] 27/3/2024 10:55

If I felt like "theTOMarmy" I would have sold for sure

[currypasty] 27/3/2024 10:16

Ive got my tin hat ready for next week's nsta data...
its a good job we have that or would be completely in the dark