Hi Gilbert, thanks for that, you may be right, but not sure its quite that simple as adding a dollar for every dollar over the break even (which I read to be somewhere in the "(lower?) 30's" and previously "<40" so thats all rather vague anyway.
With respect to the "scale in barrels" aspect I have in my tables tried to accomodate this using an efficiency multiplier which effectively increases the oil value for higher volumes. It really has been getting a bit too complicated recently to try and update the tables so as stated previously unless we are given something concrete to go on like we had before, I'm tempted just can the whole progress thing and just leave the old tables as they stand.
Whatever, too early, back to bed as per other post
pj![]()
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Hi Gilbert, thanks for that, you may be right, but not sure its...
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