04-20-2020, 09:19 PM
Brent crude sitting at $26.
Last platform I was on was the Tartan Alpha in September, production was only on average 1300 barrels a day and late last year that still wasn't enough at $62. Cessation of production was pencilled in for 2022 but if a new water injection line did the job that would be kicked into the long grass all going well. It's fucked now regardless along with plenty more. The Piper Bravo wasn't much better at roughly 3300 barrels nearby. Claymore was around 5000 if I remember correctly. Heck of a difference when you look at say the Glen Lyon sucking up 120,000 barrels a day.
The industry is taking a battering and might well look quite different at the back of it. Scotland would too for that matter, it's been so important to us for a long time now.
Last platform I was on was the Tartan Alpha in September, production was only on average 1300 barrels a day and late last year that still wasn't enough at $62. Cessation of production was pencilled in for 2022 but if a new water injection line did the job that would be kicked into the long grass all going well. It's fucked now regardless along with plenty more. The Piper Bravo wasn't much better at roughly 3300 barrels nearby. Claymore was around 5000 if I remember correctly. Heck of a difference when you look at say the Glen Lyon sucking up 120,000 barrels a day.
The industry is taking a battering and might well look quite different at the back of it. Scotland would too for that matter, it's been so important to us for a long time now.