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Msg  4331 of 13357  at  3/3/2010 1:50:38 PM  by

us2u001


 In response to msg 4329 by  CommanderCricket
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Re: Mitsui, IOC, NUE

Do you remember a post detailing LNG project costs comparing XOM/Oil Search versus IOC?
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Not exactly , have seen a few,  the conf call yesterday Phil said ( this is from memory , which isn't good at the best of times) that the all in finding and development costs was .7c  per mmcf I thought he said, negative if you cost out the condensates. The cheapest large NG find in the world I believe he said.
 
 From off the cuff it seems to me that the numbers for the LNG project cost were about 1/2 of Exxons, primarily due to their lack of deep water access at the port and the pipeline length required to be built. 


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Msg # Subject Author Recs Date Posted
4332 Re: Mitsui, IOC, NUE CommanderCricket 1 3/3/2010 1:55:04 PM


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