Post by
traderlong2 on Jan 24, 2023 5:39pm
oil pricing
(Jasmine and Ban Yen oil fields)
The fields produce approximately 10,100 bbls/d of light sweet crude oil from several stacked channel sand reservoirs of Miocene age.
The crude oil is typically sold into the local market at prices approximately US$2/bbl below the Brent crude oil benchmark.
(Manora oil field)
Licence G1/48 contains the Manora oil field, which produces approximately 3,000 bbls/d of medium-weight sweet crude oil from reservoirs of Miocene age
Manora’s crude oil is typically sold into the local market at prices approximately on par with the Brent crude oil benchmark.
(Wassana field)
an initial rate of 3,000 bbls/d, net to the acquired working interest.
The field’s production is medium-weight crude oil, which has historically sold at a discount to the Brent oil benchmark of approximately US$6/bbl.
(Nong Yao field)
Licence G11/48 contains the Nong Yao oil field, which produces approximately 8,100 bbls/d of medium sweet crude oil from reservoirs of Miocene age.
Nong Yao’s crude oil is typically sold into the local market at prices approximately on par with the Brent benchmark.
So that's 11,100 bpd at Brent pricing
10,100 -2 from Brent pricing
3000 bpd at -6 from Brent pricing
Comment by
SMlachake on Jan 24, 2023 7:47pm
Imo, the company has been very prudent to give a release detailed NR's. One has to believe these are the numbers used in the company's cash flow analysis as outlined in the same NR's.
Comment by
gossamer18 on Jan 25, 2023 12:45am
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