XOM has known for a sooooo looooong time that OSH fields within the PNG LNG Project Agreement could not economically feed PNG LNG expansion. P'nyang is not in the PNG LG PA and it's too expensive to develop and Hides wells cost over $100,000,000 apiece and there is no big sweet reef there to entice further Hides drilling today. Obvious answer has always been for XOM to feed with E/A gas, that is why that 'Tee' is offchore Gulf Province. XOM needs gas now, TOT needs gas in the future and OSH has failed so-far to satisfy either SM. IOC can please them both immediately. If OSH was the only game, the SMs would wait.
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OSH in Pump Mode
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OSH in Pump Mode - by Tree - 07-24-2013, 08:36 PM
RE: OSH in Pump Mode - by Palm - 07-24-2013, 08:45 PM
RE: OSH in Pump Mode - by Tree - 07-24-2013, 08:57 PM
RE: OSH in Pump Mode - by Palm - 07-24-2013, 09:45 PM
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