Strictly: Drilling and oil-field services Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: SJS who wrote (2752)	11/5/1997 6:45:00 PM
From: CrabDaddy	Read Replies (1) of 95453

To All, Assuming a deep water rig is pumping oil at an "average" rate (I'm not sure if there is an 'average' rate), how much oil does a deep water rig pump out in a day? Any comments welcome. I am just trying to find out what the Exxons and Amocos of the world are clearing on a rig that they have leased for $150-$200 grand a day. And what the ceiling is on the rates of rigs for sale or lease - Assuming oil is stagnant at $20/share. NICE move on FGII today. Sold Coke to by more - never thought I would sell Coke - bought it ten years ago. Good Investing Crab Daddy

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next