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Monday, February 26, 2018 1:25:31 PM
According to that link and others I e seen have the ph govt getting 10 bil out of malampaya. And they basically get 50%. Maybe 60%. Multiply that figure by 2 and you're basically saying the fields revenues were roughly 20 bil US dollars .
They have estimated that sc72 is twice as large if not more. So we are seeing anywhere from malampayas size of 20 bil (20yr lifetime) to ad high as 40-60 bil? In revenues. Just rough figures. It has to be that high to justify a project of 3.5 bil to pump it out. Oil has recovered nicely too from those 20 dollar barrel years. LNG goes for way way more I. That region.... that's why MVP. (Manuel pangilinan) the ph version of Donald trump that owns most of the large companies including pxp is pushing for an lng plant ad part of the ph expense. He's a crafty dealmaket always playing an angle and doing his. Best. Hopefully this can find its way for at least two drill tests (phase two) to confirm what's in there after all besides the seismics.
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