Well Sunny and 20 here Friday Late night post are the best they dont get lost in the cr@p .. Good BBQ day coming Friday
Buck list up
BUCKET LIST
1 Deep water drilling price ..Niko Announces Government of India's Decision on Marketing Including Pricing Freedom for Gas to Be Produced From Discoveries in High Pressure-High Temperature, Deepwater and Ultra Deepwater Areas
(RIL withdrawing arbitration.soon I hope )Also Fields with at least two-thirds of their wells falling in difficult terrains will be able to claim higher prices.. GO D6
( April 28/2016 On a side note RIL entitled to recover cost on unviable gas discovery: PAC
CAG had faulted the ministry or allowing RIL to retain the entire 7,645 sq km KG-DWN-98/3 (KG-D6) block in the Bay of Bengal.
This may help with them withdrawing their arbitration)
May 5, 2016: Reliance Industries Ltd (RIL) is perusing whether to withdraw a pending arbitration with the government on the gas price issue so that it can benefit from the higher prices. The company's top management is understood to be looking into two divergent views of whether to drop the arbitration to gain from the near doubling of gas prices or carry on with the two-year-old case.
2 Arbitrations over and we win (Bangladesh)February 21, 2016 - February 22, 2016 The Tribunal holds a further hearing on the compensation declaration in Paris.An international tribunal on Wednesday Oct 2oth 2015 ordered Petrobangla to set aside more than $30 million to pay for the gas supplied by Canadian company Niko Resources to the Bangladeshi corporation between 2004 and 2010.
Additionally, Petrobangla will have to pay at the six-month London interbank offered rate-plus 2 percent for the dollar amounts and 5 percent for taka amounts, compounded annually from September 12, 2014.
3 Drink more beer
4 MJ Discovery in the D6 Block Working on plans to develop MJ.(as evaluated by Deloitte ). most significant recent gas discovery MJ-1 in KG-D6 block may hold 1.4 trillion cubic feet of gas resources, roughly half of the reserves in the block's main gas fields.
5 NO Sale of D6...raise funds for development of oil and gas fields in KG-D6 block.Acceptance of note holders support agreement on April 25th 2015
"The discovery and successful appraisal of MJ adds a new and exciting chapter to the D6 Block. William T Hornaday, chief operating officer, Niko Resources
6 Results from well in Trinidad When finished (sold part 16 mill milestone payment to come )there still drilling
8 Bangora gas field in Block 9 (IS WORTH A LOT IF SOLD )... KrisEnergy set to drill two wells in Bangora gas field JULY 2015. moved to March 2016 The drilling work of the two wells will begin from Mach in 2016, he said, adding Bapex entered into deals for drilling any foreign company-operated wells for the first time.
To start the drilling operation, Bapex will deploy its own rig Bijoy-10 soon in the Bangora gas field, he said.
He informed that Bapex got the work contracts after a competitive bidding with international firms like Russian Gazprom and Chinese Sinopec.
Atiquzzaman said Bapex is confident of completing the drilling job efficiently. To carry out the drilling, KrisEnergy will pay $40,000 per day to Bapex, he said.
He hoped that on completion of the drilling, these two new wells could supply an additional 30 million cubic feet per day (mmcfd) of natural gas -- 15 mmcfd each -- into the country`s national gas grid.
According to statistics revealed by the state-run Petrobangla as of November 29, Bangora field is currently producing around 103 mmcfd, which is around 4.0% of the country`s overall natural gas output of around 2,720 mmcfd.
. The other partners in block 09 are Niko Exploration Ltd with a 60 per cent working interest and Bangladesh Petroleum Exploration and Production Company Ltd (Bapex), with 10 per cent.
The Bangora gas field has currently four producing gas wells having total production capacity of 110 mmcfd, which is 3.97 per cent of the country's overall natural gas output of around 2,745 mmcfd as on July 09, 2015, Petrobangla data reveals.
Aiming to add 30 million cubic feet per day (mmcfd) of gas to the national grid, Petrobangla is set to allow the Irish company Tullow to drill two new wells on block -9 of the Bangura Gas Field.
The Bangura Gas Field produces 110mmcfd of gas and 300 barrels of condensate per day, which is 14.5 per cent of the country's overall output of around 2,645mmcfd of gas as on March 30. Bangura Gas Field has four production Wel9>
9. Dance .. Just dance even if you cannot .. life is to short NOT to dance .
(then there is always that credited to a gas pool account.the goverment has been holding back for the last 2 to almost 3 years )