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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: fp_scientist who wrote (76849)12/27/2006 8:23:29 AM
From: CommanderCricket  Read Replies (2) of 206328
 
fp,

BPZI leases are all shallow water, most 200 - 300 feet.

Drilling at these depths is not hard nor technically challenging. The $50 million number you are stating is for very deep water wells like the Jack prospect in the GOM.

7k feet of water plus another 20k feet of sediment.

huge difference

CC
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