Considering both BYE and OEL have drilled the BP prospect under budget, and now do not have to fund the development of this failed prospect, any funds that were budgeted for BP could now be used to further develop SM71 production.
The B65 sands and any other SM71 prospects/or VR232 which can be drilled from SM71 will need or would benefit from another platform, for further production, and perhaps if this was being built or sourced in the meantime, would speed up any new resource that was discovered or developed in the future.
IMO DYOR.
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- Ann: BYE: SM71 F2 B55 Sand Recompletion Update
Ann: BYE: SM71 F2 B55 Sand Recompletion Update, page-13
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