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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Big Dog who wrote (19799)4/21/1998 12:54:00 PM
From: Tulvio Durand  Read Replies (2) of 95453
 
Now just a minute , Big Doggie. You say -- ... What if these wells are dryer than a snuff box? ... If you are a drilling contractor you might want to wait a bit to see if there are any discoveries in these [deep] water depths before building capacity to meet phantom demand. ... With 3-D surveys and imaging there is no more guessing, I'm told. There is oil in them deep waters that have been surveyed. No more than 40% dry holes these days, I'm told. Are these 'facts' not so? Tulvio
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