Good info, thanks
The biggest surprise (for me) in the LSU/CES study is the projection that significant investment in pipelines is not needed
Maybe it’s just a matter of definition, where is the line drawn for what level is “significant” ?
It seems to me that credible sources in the sector have said otherwise
Time will tell and the Winter chill is in the air
Time to crank up the heater in the hobby workshop
GulfSlope is chilling, perhaps frozen
When things heat up, and they inevitably will …
….exploration in GOM waters will play a big role in domestic oil production
Within that expansion of activity, prospects having a quick return will take priority (GSPE has targeted that as a priority in ranking their prospects)
In addition, there is a possibility that having the first well drilled on an approved exploration plan for Tau might put that property in a category of “current exploration drilling leases/permits” rather than “NEW leases/permits”
Anyone care to chime in on that?
If we’re going to struggle to get “new drilling” for 2 more years, can we get investment to continue in our “current” drilling plan, as approved by BOEM?
That said, I would rather see GulfSlope cut a deal on operation of producing shallow shelf properties that have unexplored subsalt prospects ….
… and Drill Tau2
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