UK 09:40 Wednesday, 30 September 2026
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How do you know what a North Sea development project will cost? Well, most of us have our rules of thumb, some a tad more sophisticated than others. They range from just knowing that North Sea capex per barrel has been running at nearly $30/bbl for the last few years to sophisticated computer models based on construction rates and equipment weights.
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Comments
wildrides
Naah ……… the way to break it is to spend nowt and wait for the oil price to go up via supply side tightening and demand increases .
Anyway Oily invented the North Sea didn’t he ?