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: Big Dog who wrote (37636)	2/17/1999 12:05:00 PM
From: BigBull	Read Replies (2) of 95453

BigDog and or Douglas: A question. It is widely reported in the press that North Sea oil producers have an average cost of 12 bucks a barrel. The current price of Brent is around 10 bucks. How long can North Sea producers continue to pump at their current rate and still ship $2 with every barrel they produce?

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