hodgy0_2

well it is heartfelt Nizmo

it ever there was claim on "gods own country" it would be Scotland - epic people/ country, would love you to stay - but totally respect your wishes

jonc

Nizmo, I think it's great that you share with us your insights in the industry that you work in and I know that working offshore is very demanding and I respect that. I know you say that the fracking has reaped huge rewards in America and Canada, but from my limited understanding of the industry, most of the extraction is land based and therefore less risky and more easily accessible. The new fields in west Shetlands and Atlantic side is in deep water, several hundred meters deeper than the North Sea and a lot harder to access compounded by the more severe weather on that side. It's therefore safe to assume that extraction and exploration is a lot more costly and therefore may not be as financially viable in this volatile market. You say that BP have been out there since 2005, and yet there's been no significant production to counter the overall decline. I maybe wrong but if there is the huge bonanza of oil out there, why hasn't the SNP jumped on this. Could it be that they might not see the same way as you do, that there is no guarantee that the oil companies will extract there in order to generate the tax revenues.

nizmo80

iTrader: (2)

If more people had that easy going point of view it would be a god send

nizmo80

iTrader: (2)

Fracking has been used on mainly land rigs yes and I would say is more risky on land rigs than that of a offshore rig.

land rigs drill very shallow wells and I know from my friends who work in canada
that some wells over there are only 2 to 3 thousand feet deep and hence very close to the surface when fracking.

offshore is much deeper some wells deeper than 22000 ft so when fracking starts the areas that will be affected are much deeper into the ground.

thats also probably why we have not started fracking yet as its much deeper
and as fracking in the north sea is regarded as in its infancy so the technology will be getting sharpened to meet north sea needs.

the wells on a land rig are no different to that of a offshore rig only the land rigs have shallower wells than that of the north sea and yes they are easier to get access to.

but getting equipment offshore is not really a problem
for instance if a north sea rig is doing coil tubing work on board it is mountains of massive equipment and can take a week to rig it up in some cases.

even if the fracking equipment is as big coil tubing they will still manage to get it on the rig when the time comes.

also the waters being deeper in shetland all thats different is the legs of the platform are bigger nothing else and while it costs a bit more to set up
the cost of drilling the well itself remains the same.

and for the weather being harsher LOL you never spent winter in the north sea as thats not much softer weather than shetland I have been on semi rigs where the rig has had to detach from the well in extreme weather also waves hitting the belly of the rig they were so high and I have seen videos of the waves coming over the deck of the rig and everybody is not allowed outside.


also something to take into account is oil companys control how much oil gets pumped out of a rig for instance if the price per barrel is high they pump more and if the price is low they restrict the flow until price per barrel is up again.

thenewgalaxy

If you don't stretch those tyres you might live long enough

nizmo80

iTrader: (2)

****

Devildog

lol

I'm completely comfortable with what I've posted so far.

So you're not a marketing manager (sorry senior manager ) for an LBG subsidiary and football academy coach then?

Go on, entertain me - what do you think I do?

Devildog

The article talks about "geographical share" You do know that doesn't mean what would be in Scottish waters, don't you? And that the boundaries were moved by Westmister years ago to massively reduce what is reported as "geographical share".

You guys really need to be more clued up rather than just copying and pasting what you read in newspapers.

jonc

Since you're obviously clued up on this, please enlighten us, what's going to happen with regards to geographical share and Scottish waters? Are you saying Scotland will reclaim the 6000 miles of geographical share that was moved back in 1999 after Independence to make up the drop in tax revenue of the past year or so?

Devildog

Of course Scotland would reclaim the 6000 miles of geographical share.

Whether its successful or not is another matter.

jonc

Well you should already know the answer to that. As you indicated earlier, the law is unchangable and therefore the Scottish Adjacent Boundaries Order will still stand after Independence, should that happen of course.

Devildog

You see this is where it gets lost in translation. I've never said laws are unchangeable. I've said it can't happen that easily and it takes time to do it.

However in any event, this isn't about "changing a law" and you're not comparing like with like.

An independent Scotland would no more be held by any UK law than any other Country would be, given that Scotland would no longer be part of the UK. Its therefore quite probable that an independent Scotland would neither be minded to, nor legally obligated to, recognise the Scottish Adjacent Waters Boundaries Order to which you refer.

As a result, any such challenge would be more fundimental. It would be a dispute over territory. And it could feasibly be heard by an international court.

Is it that difficult to understand?

Devildog

I found this which appears to be correct. European law does override the laws of each member state, but only in certain areas:

The context in which EU law super-cedes UK law the most over the last 50yrs is in relation to Human rights.

Additionally, EU law takes supremacy over 'conflicting' national law of any of the 27 member states. The national courts are to interpret national laws as to be 'compatible' with EU law where ever possible, as established in the Factortame cases.

Lastly, EU law is only supreme in the areas the community is 'competent' to legislate upon. These areas are identified within the principle treaties. Such areas include the free movement of goods, workers, citizens.

However matters which fall outside the remit of the founding treaties remain within the control of each individual member state such as criminal law, contract, family, equity and land. In such areas the national law remains supreme and is not subject to review by the European courts unless the cause of action is for a breach of ECHR (European Convention of Human Rights and civil liberty's 1950)

Miniman

iTrader: (2)

I think you are both right, or wrong :-) Major issues like this would be required to be sorted before full independence. There would likely be in a treaty for the Independence, however I would think that some sort of panel of experts would draw up the decision prior to this. It would involve UK and pre-Scottish government, plus no doubt the EU and other parties. Scotland would not be able to ignore other parties in this whether it minded too or not.

Once decided then no doubt it will be called something else, but to suggest that Scotland will simply take what it wants during a split because it feels entitled without any consideration of other parties is wrong IMO, there will be others involved and the UK will be there.

LeedsTopLad

Devil dog and Scotrayman still waiting on my PM from you both to say any of you work in financial industry or just readers of gossip in press-im waiting

Devildog

Haha..

We both do. Although where I'm more "advisory", Ray is more "tele sales" Sorry - "contact centre"

nizmo80

iTrader: (2)

LOL its leedstopspaz

here to express his wisdom

Why dont you run along now and let the adults talk.

I Know there are plenty of other threads on here that would suit your attention span better like which rally stickers to use or which chav valve to buy

jonc

He's new to this, give him a break!

nizmo80

iTrader: (2)

I will try

r32

Don't believe a word you hear from Nicola Sturgeon or Alex Salmond They make it up as they go along.

hodgy0_2

Most politicians do though - the lucky ones simply never get found out

ScoobyWon't

If this is true (though it's from The Fail so it's probably not), then Salmond has dropped a bollock.

http://www.dailymail.co.uk/news/arti...ms-riches.html

That's nearly as bad as Ed Millipede telling Labour supporters they won't get a referendum.

"Vote Yes - be worse off"

ScottishRayman

Roll up, roll up hes managed to get it wrong yet again despite asking around......you couldn't make it up . Its his fascination.

LeedsLad -no probs to me mate I'll send you both my financial roles (opppps sorry DD lol) and maybe he will too, or maybe not

Devildog

Come on Ray. Of course you're going to deny it. As a marketing manager with a background in call centres your credibility kind of falls away now, doesn't it.

No one Ive spoken to in LBG has even heard of you. 2 minutes on here and about a minute on linkedin (you know, the networking site for professionals?) found you. Now, if that's not you (which I seriously doubt) then I'd be asking why someone of your supposed stature within the financial services industry didn't have a linkedin profile.

Unless you're really dumb (which I doubt) you'll be able to work out how easy it was to find out what you actually do

I'll post up the process of how I got there if you want

nizmo80

iTrader: (2)

That linked in site is pretty good

I joined but have not really been keeping upto date with it but some of my friends that came up
Through the ranks with me use it alot and are constantly getting job offers through companys
Using linkedin.

jonc

Just looking back at your posts regarding the law of registered offices, you argued quite robustly that it was simply not possible, "impossible" even that a company cannot move it's registered office and this was fact, a point of law and that no tactical moves could alter this, these are your words.

The Scottish Adjacent Waters Boundaries Order was drawn up in agreement and signed off by Donald Dewar, Henry McLeish and four other Scottish ministers as part of the deal for devolution. But in anycase the SAWBO was more to do with territorial fishing waters and nothing to do with oil, and I thing Scotland has nothing to worry about in that regard as most of oil fields are north of that border anyway, maybe Nizmo could confirm.

nizmo80

iTrader: (2)

most of the Scottish oil rigs are much further north than the boundry line pictured above.
but the Elgin and franklin are under the new boarder line.

this is just for the rigs owned and operated by TOTAL
there are much more rigs out there
usually on most rigs there is a big map of all the fields and rigs up on the control room wall
but I could not find the picture online.





LOL I accidently posted a picture intended for winding up one of my mates on scoobynet
edited it real fast and put up the proper picture sorry if you seen it LOL

ScottishRayman

DD your totally wasted in your current role, as Pitt Street and Baird Street could use those IT skills as didnt even think of them, next you'll be telling me people are setting up their own sites . However on a serious note thanks for reminding me as I'm sure I've got old Bebo, Twitter along with the LinkedIn account that I can update......or actually close them depending on usage .

So without this sounding rude in anyway, a simple question without the need for long reply -

Will a company currently registered in Scotland be able to register in England?

Yes or No.
(apologises i you think that sounds rude as its me who has a short attention span and wouldnt mind just a straight yes or no answer to save me wading through such lengthy potential answer, cheers).

Off to the gym but I'll pop back on at start of week, or come join us as we'll be glad to have another trainer partner and you ain't that far

Devildog

And that is indeed the case (with my edit for accuracy - as registered offices can of course be moved within their juristiction). And that is a point of law.



No, it won't, unless there is a fundamental change in the law.

ReallyReallyGoodMeat

Fairly sure a few laws will need to be changed in the outcome of a Yes vote, so this will happen if necessary Shirley.