A rough general feel for what may be found.....
Tryoty: Agree the idea of seismic is old, but the petroleoum industry has been advancing it rapidly and the interpretation even faster. So the eight years from the early Western Geco work DO make a difference.
More important, in doing their assessment, the reservoir gurus at Netherland Sewell have the benefit of multiple analogues that were not available 8 years earlier.
So it's a no brainer that their work will be a more realistic guess in 2009 on what may be there in the blocks they looked at.
The Anadarko WA drilling announcement in the last week, what they said last year, plus the actions of Exxon and Chevron are all fitting together now with NSAI, in my view.
No Ghawars but still a pretty decent outlook!
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