Does anyone here know that well costs have been rising substantially in the US because of the heavy increase in demand on all services, so how does this affect the small operators like GGP?
This effect can be enormous on very small producers when you take the following into account:
The MARGINAL COST of the 50 largest oil and gas producers globally increased to US$92/bbl in 2011.
Does anyone here know that well costs have been rising...
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