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2006-04-22 Caribbean-Latin America

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Posted by Steve White 2006-04-22 00:00|| || Front Page|| [1 views since 2007-05-07] Top

#1 Costing more than $600 million (£337m), the platform will generate 180,000 barrels a day.

At the current world price of $70 a Barrel (Standardized "Barrel" is 40 Gallons, not 55, for those who do not know)that makes the rig paid for in a bit over 9 years.

Posted by Redneck Jim 2006-04-22 08:57|| 2006-04-22 08:57|| Front Page Top

#2 And if the price of oil decreaces from $70/bbl in six years?

Posted by Phil 2006-04-22 11:11|| 2006-04-22 11:11|| Front Page Top

#3 Don't count on it.

Posted by Redneck Jim 2006-04-22 18:12|| 2006-04-22 18:12|| Front Page Top

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