Shell shit-cans GTL plant in Geismar | Page 2 | TigerDroppings.com

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MAUCKjersey1
LSU Fan
Houston Oil and Gas
Member since Aug 2005
1480 posts

re: Shell shit-cans GTL plant in Geismar


quote:

I saw somewhere that cost on the GTL plant went from 12.5-20 billion. That will make you rethink things also...


It was always $18 billion, media never reports real numbers. And yes Carmon Creek is a go and Franklin as of Thurs is too



This post was edited on 12/8 at 12:12 pm


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skinny domino
LSU Fan
sebr
Member since Feb 2007
6425 posts

re: Shell shit-cans GTL plant in Geismar


quote:

Unfortunate news for the SLA area and hopefully not a harbinger of more to come. SIAP.

They probably was tipped off by their folks south of the border - The Mexican senate just proposed legislation to allow folks other than Pemex (their own oil company - state owned) to explore and develop fields - Exxon and Chevron has already did the foreplay - a barrel of oil could head south pretty quick - Mexico has some potential reserves that are (a gamble) quiet large - this will still keep diesel 75 cents higher than gas per gallon.






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GREENHEAD22
LSU Fan
LafayettebywayofBush
Member since Nov 2009
8416 posts

re: Shell shit-cans GTL plant in Geismar


They have cancelled a bunch of projects lately including a huge campus like the ones in Houston and Chesapeake's in OK that was going to be built in Mand/Cov area.





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bigwheel
LSU Fan
Lake Charles
Member since Feb 2008
2872 posts
 Online 

re: Shell shit-cans GTL plant in Geismar


Does this mean the price of natural gas going up? making it to expensive to convert





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cwill
New Orleans Saints Fan
Member since Jan 2005
25155 posts

re: Shell shit-cans GTL plant in Geismar


It means it could go up when you have increasing demand plus exports by 2015-2016. It's a risk factor.





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wpsnickers
SMU Fan
Member since May 2004
2579 posts

re: Shell shit-cans GTL plant in Geismar


She'll has had problem finding new discoveries... But it's far from being in trouble





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