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csem starts, page-20

  1. 61 Posts.
    New to this forum but not to FAR. Correct me if I'm wrong but it seems likely that Shell will take up the first option to stay in the permit almost regardless of the survey outcomes since there is no real commitment at that stage. The decision to drill will be taken later and will be influenced by the survey. They must have seen something to like here so it is quite possible that they will elect to drill even if the CSEM shows no anomalies. It is not a fool-proof technique. The toughest decision for Shell would have been getting involved in the first place. Now they're in, it all looks good.
 
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