So is Prelude commercial on its own? The gas in place at Crux is not huge. What are the pros & cons to Shell? Sit on Crux & tie in with Prelude & the other partners get the liquids in perpetuity or develop Prelude separately & sell Crux & get cash upfront now.
I dont think they have an agenda to screw NXS & Osaka. I thought it would be in their interest to get them started soon so they get to keep residual liquids post 2021 rather than give the other guys perpetuity down the track.
So is Prelude commercial on its own? The gas in place at Crux is...
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22.5¢ |
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