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RaptureSpecialist

07/28/18 2:00 PM

#22704 RE: geopressure #22696

I disagree, you are comparing Apple's to oranges again. Trying to compare Exxon Mobile, Shell, and Chevron to what the Lord has cooking here is just not fair to them fine companies! Is it?
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geopressure

07/28/18 2:32 PM

#22705 RE: geopressure #22696

Well, I wasn't really trying to make a comparison... just providing commentary on longterm E&P growth from the book "Private Empire"... Lee Raymond said that if an oil company wants to have one good field to bring into production in the coming years, then you need to be developing 7 prospects today...

I you want to be bringing 3 new fields into production in the coming years, then you need 21 prospects being developed right now...