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Plugged - that was one of the most informative posts I have read...

  1. 82 Posts.
    Plugged - that was one of the most informative posts I have read on HC about far. Great stuff mate. Just two questions when you have a moment:
    1. Where do you get the figures of 1 billion or 0.5 millon barells of oil? Were they just figures you used, or are they based on information?

    2. Suppose shell decide to drill tomorrow, what is the sort of lead time to actual drilling, and then producing oil? I'm assuming we could be talking years, is that right?

    Again, THX for the great post. Cheers
 
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