Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Winkman777 who wrote (81974)	12/18/2000 1:29:38 PM
From: Frank	Read Replies (1) of 95453

Those 20% Cap Ex increases won't translate to greater production. As I understand it, increased drilling and service costs will more than eat up 20 % increases. If those E&Ps want to increase actual production they will have to increase by much more than 20%. Comments welcome-am I correct on this issue?--Frank

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