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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (62060)	3/18/2010 6:11:57 AM
From: dvdw©	Respond to of 219648

Thanks, very interesting press release. On the surface it makes perfect sense. New or Used decisions can make things more complicated. The FABs produce RENT across a wide range of users, seeing that potential is smart money when your control systems are in position for social engineering. Complex multi valued reference spaces are at every boundary, abutting a market place, and market places have random functions that dictate directions, utility, useful life. there must be a high level of end demand, Control confidence, built into these plans. which by itself, is problematic, but like a perscription, the medicine has utility while you need it. bought right, this is probably an excellent way to extrapolate and spread familiarity across a wide class of technical talent. The educational content of these used fabs, is probably the driving force in the decision. Could almost use them as proxies, in schools, as training grounds, to meet industry talent gaps, certify technicians...etc El mat should account for why Brazil is not in this market competing for these classes of used equipment?

To: energyplay who wrote (62060)	3/19/2010 1:33:42 AM
From: elmatador	Read Replies (1) \| Respond to of 219648

Brazil subsalt output to see early peak -minister SAO PAULO, March 18 (Reuters) - Brazil's subsalt oil production could shoot up in 2013 and 2014 before leveling off to match production in other off- and onshore areas, Planning Minister Paulo Bernardo said on Thursday. Output from the offshore subsalt region will grow slowly in the next two years and jump significantly during 2013 and 2014, Bernardo said in an interview with state television. He did not provide estimates or give the source of his projections. "Maybe in 2015 output at the subsalt region will be as significant as production at our current sources of crude," he added. "Subsalt production could even surpass" so-called non-subsalt output in that year. State-controlled oil company Petrobras (PETR4.SA)(PBR.N) has forecast subsalt production could match that of other regions by 2020. Petrobras has been reviewing its $174 billion, five-year investment plan. Capital expenditures to develop the subsalt region are massive, forcing Petrobras to borrow from state agencies in China and Brazil and from investors in the bond and loan markets to fund investment. Exploration costs in the subsalt region, where oil sits about 7 km (4.3 miles) below the ocean seabed and a thick layer of salt, about 300 km off Brazil's southeast coast, are estimated by several investment banks at $400 billion. Preferred shares of Petrobras, the company's most widely traded class of stock in Sao Paulo, fell 0.8 percent to 36.92 reais in early afternoon trading on Thursday, compared with a 0.9 percent drop in the benchmark Bovespa stock index .BVSP. The performance of the Petrobras stock has lagged that of the Bovespa index over the past year on concerns the government, which is revamping oil regulations to boost control of massive offshore reserves, would overstretch Petrobras by forcing it to invest too much, too fast to extract the subsalt oil. According to Petrobras, subsalt output will be at 582,000 barrels of oil per day in 2015, and reach 1.81 million bpd only by 2020. The company produced 1.97 million bpd in January. Following is a table with Petrobras' current subsalt production estimates through 2020: =================================== YEAR OUTPUT (Thousands bdp) 2013 219 2014 368 2015 582 2016 959 2017 1,315 reuters.com