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re: Breaking. Largest oil find in US history jut made

Posted on 11/16/16 at 4:20 pm to
Posted by ragincajun03
Member since Nov 2007
21648 posts
Posted on 11/16/16 at 4:20 pm to
Apache has to gather up a load of capital for infrastructure costs to drill and aggressively produce that Alpine stuff.

Need to build a pipeline from out there because trucking all that oil would eat away at profits.
Posted by cwill
Member since Jan 2005
54754 posts
Posted on 11/16/16 at 4:39 pm to
quote:

Apache has to gather up a load of capital for infrastructure costs to drill and aggressively produce that Alpine stuff.

Need to build a pipeline from out there because trucking all that oil would eat away at profits.


It's really a gas play...there's no infrastructure (pipelines) out there so what's going to happen at $2.70 (not considering differentials) gas?
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