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re: Is there going to be another retraction in oil prices?
Posted on 3/18/16 at 3:25 pm to b-rab2
Posted on 3/18/16 at 3:25 pm to b-rab2
LLOG never stopped drilling and completing.
I can believe they break even at $30. They are one of the most if not the most efficient E&P in deep water GOM.
I can believe they break even at $30. They are one of the most if not the most efficient E&P in deep water GOM.
This post was edited on 3/18/16 at 3:27 pm
Posted on 4/9/16 at 10:20 pm to dkreller
quote:
I can believe they break even at $30. They are one of the most if not the most efficient E&P in deep water GOM
It helped that LLOG - Who Dat came online right when oil was hitting record highs.
If your platform is paid off, then that is a big load off the company shoulders.
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