Libyassa alkavat pumpjackit pyöriä jälleen

Libya's Agoco pumping 160,000 barrels

Libya's Arabian Gulf Oil Company (Agoco) has said production at its Sarir oilfield has now reached 160,000 barrels a day, Reuters has reported. 

 Tuotantoa voidaan nostaa useita satoja tuhansia tynnyriä hyvinkin nopeasti, mikä tulee painamaan Brenttiä selvästi. Toisaalta Gaddafi menetti valtansa pitkälti NATOn iskujen johdosta eikä taivaalle Kalashnikoveilla ja PKMillä räiskineiden "kapinallisten" toimien vuoksi, joten maassa on tällä hetkellä todellinen(ei ehkä virallisesti) valtatyhjiö. Tuota tyhjiötä pyrkivät täyttämään sekä kapina-koalition eri ryhmittymät että Gaddafin hallinnolle yhä uskolliset tahot ja todellinen sisällissota voi olla pian käsillä. Helppo keino horjuttaa väliaikaista hallintoa on iskeä öljyntuotantoon, jolloin hallinnon kassavarrat hupenevat nopeasti. Yhdysvalloilla eikä juuri millään muullakaan länsimaalla ole varaa rahoittaa Libyaa tai sen hallintoa pidempää aikaa.
Mahdollista on että nyt Libyassa rauha palaa maahan vuosikymmeniksi, mutta todennäköisempää on että volatiliteettiä riittää.

Libyan pommittaminen hyvä sijoitus Norjalle

Bombeutgifter i Libya: 261 millioner
Økte oljeinntekter: 23 milliarder

For hver krone Norge bruker på å bombe i Libya, får vi nesten 100 kroner i ekstra oljeinntekter i år.

I nasjonalbudsjettet for 2011 regnet regjeringen med en gjennomsnittlig ojepris på 485 kroner i år. Men det var før uroen i Nord-Afrika og Midtøsten spredte seg og før bombingen i Libya tok til. Uroen har fått oljeprisene til å skyte i været. Så langt i år har oljeprisen vært på nær 620 kroner per fat.
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Isolert sett betyr det enorme ekstrainntekter for den norske statskassen. I følge Oljedirektoratet produserte Norge i overkant av 2 millioner fat per dag i mars. Norge får altså 135 kroner mer per fat enn ventet for bare et halvt år siden.

Siinä jos humanitäärisellä pommituslennolla pistää vahingossa vähän öljyntuotantoinfraa paskaksi niin ROI paranee entisestään. Pilotti tähtää kansanmurhaajaan, mutta osuu pumpjackiin-> ei ongelmaa, norjalainen voittaa aina.

Uutisia

Upstream: Rockhopper pockets drill cash

Falklandsin potentiaalista otetaan selkoa nyt sitten oikein urakalla kun Desire poraa pohjoisessa ja Rockhopper ilmeisesti etelässä. Rockhopper on muuten pinguviini laji.

Upstream: Ghanem back at NOC helm

Rigzone: Gardenia Prospect Offshore Angola Blooms for Total

N. 4000 jalan syvyydessä.

SCORE: Scorpion Offshore - Receives LOI for Offshore Vigilant

Dr 105 000-110 000 dollaria. Sopimus on rykäisty kasaan todella lyhyessä ajassa russakoiden vuoksi, joten matala dr oli melkeinpä itsestäänselvyys, mutta tämä on alkaa olla lähellä pohjanoteerausta ultra premiumille.
Enscon ja osin myös Noblen positiivisista uutisista ja näkemyksistä huolimatta oma näkemys segmentin tulevaisuudesta pysyy.

Berens Energy Provides Results of Its First Pembina Cardium Horizontal Oil Well

"Berens Energy Ltd. ("Berens") (TSX:BEN) is pleased to announce initial results from our 01-14-48-11 W5M Pembina Cardium horizontal oil well. Berens operated the well and has a 50 percent working interest. The well was drilled to a horizontal length of 600 metres. Drilling was terminated short of our original design length of 1,000 metres as a result of isolated drilling and reservoir conditions on this well. The well was subsequently completed with a five stage frac treatment and tested the equivalent of 270 bbl/day of oil at the end of a 48 hour test period. The well will be placed on production by early November, 2009..."

Verenex deal done?

Pertamina Looks to Overseas Oil Fields to Boost Production:

"Among the planned acquisitions is a part of Canada’s Verenex Energy Inc.’s stake in Libya’s area 47 oil field. The area is estimated to contain reserves of 1.19 billion barrels of oil equivalent.

The firm expects to team up with China National Petroleum Corp. in securing the deal."

VNX ended the week on the TSX at C$7.74, which is likely to be near the acquisition price.

Libyan Terror Chief Plans Theft

Upstream: Gaddafi talks nationalisation

Libyan leader Muammar Gaddafi said today he was looking into nationalising oil companies due to low crude prices and suggested Tripoli might not meet Opec production quotas...

Hopefully these are just empty ramblings of a mad man. If he's serious Verenex will be decimated.

Update
Is Libya Going To Boot U.S. Oil Companies?

Just a bluff?

Verenex strikes again

Verenex confirms oil and gas discovery in Libya at H1-47/02 well

"CALGARY, Jan. 12 /CNW/ - Verenex Energy Inc. ("Verenex" or the "Company")
(TSX - VNX) is pleased to provide an update of its operations in Libya and to
confirm an oil and gas discovery at the H1-47/02 new field wildcat ("NFW")
exploration well in Area 47 in the Ghadames Basin. The H1 discovery is the
Company's tenth oil and gas discovery in Area 47 since drilling began in
September 2006. The Libyan National Oil Corporation ("NOC") has also announced
this discovery..."

By the end this month there should more information on Verenex's future. The likeliest scenario is that the company will bought by CNPC, Pertamina or RWE.

CNPC ‘makes play for Verenex’

Upstream

"China National Petroleum Corporation (CNPC), the country's largest oil company, is bidding for Canadian energy company Verenex Energy to broaden its oil and gas assets in Africa, it was reported today.

The deal may worth about $300 million, the South China Morning Post reported, citing sources, noting that a successful bid would broaden CNPC's assets in Africa where Verenex owns a 50% stake in part of Ghadames Basin in Libya."

Pertamina seeks Verenex stake in Libya's Area 47

OGJ:

"Indonesia's state-owned PT Pertamina is considering plans to purchase the 50% stake held by Verenex Energy Inc. in Area 47 of Libya's Ghadames basin.

"Verenex may pull out from the block," said Pertamina upstream director Karen Agustiawan, referring to Area 47, currently owned 50:50 by the Canadian firm and PT Medco Energi Internasional.

Agustiawan said Pertamina is especially interested in Area 47, "as the drilling has been done" and production may begin in 2011 with an initial output estimated at 50,000 b/d.

She added that the block would be Pertamina's third in Libya, if the talks are successful. "We already own two blocks in Libya and are looking forward to see Libya as one of our bases overseas..."

Hopefully the sale goes through, as it's clear that Verenex and Medco do not currently have the resources to develop the block. Raising capital at the moment is nearly impossible and with out a significant financial input the development of the block could be delayed by years.

Libya-focused Verenex Energy opens data rooms to potential buyers

The Canadian Press:

CALGARY — Verenex Energy Inc. (TSX:VNX) has opened data rooms in London "to facilitate a potential corporate sale as one of the strategic options currently under review."

The Calgary-headquartered company, focused on Libya, had announced in September it was considering options but had not specifically said it was for sale. Opening its proprietary information to possible buyers advances that process...