Nice write-up. One item of note. The oil hedge position is approximately 210,000bbl/month in 2022. With Beta down, production is a little less than 200,000. Amplify therefore effectively has a short position of 10,000 barrels per month. Not a huge number in the grand scheme of things but not something you see every day.
Awesome update write up very interesting. After doing some digging myself I've found a article by Voice of OC( I haven't heard of them myself before researching) talking about Beta. Basically, it says that the actual rigs and platform have had operating errors, workplace in-perfections, and just negative things about them.I wanted to get your take on this.
Hello Sir. I did subscribe recently and this is my first comment after reading the first article.
Nice write-up. One item of note. The oil hedge position is approximately 210,000bbl/month in 2022. With Beta down, production is a little less than 200,000. Amplify therefore effectively has a short position of 10,000 barrels per month. Not a huge number in the grand scheme of things but not something you see every day.
Awesome update write up very interesting. After doing some digging myself I've found a article by Voice of OC( I haven't heard of them myself before researching) talking about Beta. Basically, it says that the actual rigs and platform have had operating errors, workplace in-perfections, and just negative things about them.I wanted to get your take on this.
https://voiceofoc.org/2021/11/pipeline-operator-had-problems-with-shut-down-valves-pressure-sensors-in-years-leading-up-to-oil-spill/