SI
SI
discoversearch

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.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (69676)6/17/2008 12:26:21 PM
From: Elroy Jetson  Read Replies (1) | Respond to of 74559
 
Chevron has their own specialty rigs built for major projects.

That's part of the four to six year time estimate.

Chevron has previously done the exploratory drilling, so they require only production platforms.

Only the poor and desperate rent rigs for long-term projects. Perhaps PBR has little faith in the long-term viability of their production area.
.