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Re: Stay the Course post# 50840

Wednesday, 05/10/2006 6:58:53 PM

Wednesday, May 10, 2006 6:58:53 PM

Post# of 361984
STC, I'm not going to argue with you about the FPSO vessel because I don't have the slightest clue as to what the intent of Oily's message was. But it doesn't strike me as too relevant, thus a needless post, if CVX is going to take years to move in a production vessel. The way I would like to interpret it (if one is inclined to give Oily any credence whatsoever) is that CVX is "borrowing" a FPSO in the near term for a short period for full blown testing of the two wells which absolutely could be done, I believe, utilizing the 'Deepwater Discovery' that they have under contract until August. But consider that it makes more sense to do it while the drillship is buttoned up to the OBO-2 wellhead. I think the interesting question here is could CVX actually find and borrow, for a month or so, a FPSO in the Gulf of Guinea?


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