Oil/Gas ToolBox

The Library is where you can build on your knowledge of Equities and the Sectors in detail. Glossary’s to help break down Jargon, and links to push your Oil&Gas/Commodities knowledge further, plus general guidance on Equity/trading terms.

‘Grumpynhappy’ kindly posted these links to help other investors with questions on Oilfield / Drilling operations. Ordered as…

Well Classification / Drilling / Hydrocarbons – Fluorescents / Fracing / Heavy Oil and Workovers.

Knowledge & Profit which I am and hopefully some others are looking for. I appreciate there are all lot more in depth links but hope these help.

Good Luck All & DYOR and use the info as a guide only to help out.

Well Classification:
http://en.wikipedia.org/wiki/Oil_well#Types_of_wells

From Intoorbit Seismics Links:
http://www.wisegeek.com/what-is-a-seismic-survey.htm

http://www.wisegeek.com/what-is-3d-seismic-interpretation.htm

Drilling Manual: from GEML:
http://www.spegcs.org/attachments/studygroups/5/2009_06_PFC%20-%20Expanding%20Knowledge%20Workshop%20Session%202%20-%20SpeakingOilGas.pdf

http://www.horizontaldrilling.org/ (has other links as well: bits, mud, logging Dir Drilling)

http://www.youtube.com/watch?v=Y37XbMEDnXc&feature=player_embedded
Above You Tube Drilling & Frac video clips.

http://www.slimhole.org/
Above is drilling link from “thehuntsman”

http://www.bseec.org/sites/all/flash/3drig/index.html
Above are drilling and frac links decent graphics. See video link.

Hydrocarbons / Fluorescents
http://www.spec2000.net/08-samples.htm

Coring / Core Samples
http://www.rigzone.com/training/insight.asp?insight_id=325&c_id=18

Heavy Oil:
https://www.og.decc.gov.uk/information/papers/spe54623.pdf

Link below from Dandy1903:
http://www.lloydminsterheavyoil.com/workover.htm#WORKOVER

Well casing & Completions ( Well Testing Link)

Source: loobyluu AEX board 20.08.10
http://www.naturalgas.org/naturalgas/well_completion.asp

Also on the link Exploration, Extraction & Production.

Link from Geordieaway from Encore 26.08.10

A link about UKCS Geology and Stratigraphic Traps –

http://www.scottishoilclub.org.uk/lib/Presentation_070419_SJStoker_ScottishOilClub.pdf

http://www.geomore.com/Oil%20and%20Gas%20Traps.htm

Estimating and working out reserves Links
http://www.spe.org/industry/reserves/docs/PRMS_guide_non_tech.pdf

The definitions are on the SPE website.
http://www.spe.org/industry/reserves/docs/Petroleum_Resources_Management_System_2007.pdf

Exploration Drilling Glossary Terms from rjays Encore 26.08.10
http://www.eandp.demon.nl/glossary/EXPLOR~1.HTM

PMG – top sliced

Stunning performance by PMG. It tested 22p today which is a one bagger from the initial heads up at 11p.

That’s a lofty price but I’m sure Tom Cross will justify it when PMG eventually announce their strategy and acquisitions.

There’s a lot priced in now and top slicing can help secure some of that profit gained already and reduce a bit of risk.

I’ve top sliced a small amount today at just under 22p.

Dominion looking strong

After a few weeks consolidation, DPL looks spritely on decent volume this morning. It could be buyers re-entering ahead of possible partner news or could simply due to the fact that DPL looks cheap against peers based on asset/potential and possible drills in 2011.

An excellent post on iii which was originally issued via Motley Fool Site can be found here – well worth a read. Current sp 5.6p.

Motley Fool

Quintain gets Credit Suisse attention

QED – is TheShareHub Multibagger champion from 2009 after delivering a massive 30 bagger from 8p to 240p.

Like many property companies, it dropped back after a placing/OO to boost cash balance and reduce debt levels. A 2 for 1 share split followed making the 240p high, a 120p high based on the new reformatted chart.

Whilst rents and values have reached a plateau and stayed relatively stable throughout 2010, the sector has been largely ignored after being a prime ‘bounce’ contender in 2009.

Looking at the Credit Suisse purchase, one would suspect that the II’s are starting to see the value in a possible property recovery in next couple of years. Or, the more extreme guess would be that a ‘buyer’ might be sniffing around.

Quintain is an excellent company and the assets are stunning. At 38p they are a bargain but not without risk.

Further placing’s may be required to keep cash balance in check and covenants secure. Research should be done on their bank agreements to help see where their ‘deadlines’ lie. Many property companies have slipped due to the short term nature of their debt refinance agreements in the ambulance chasing days of early 2009. These will need to be reneg’d soon so check out all these aspects on any property company in the sector before making an investment decision.

Quintain could provide a Multibagger opportunity for the long term investor with a 1 to 2 year return view. Current Sp 38p.