Wednesday, November 11, 2009

A Rose By Any Other Name.......

Found this notice about a production decision involving a Brazilian field.

“We still see the same amount of reserves in the field,” Leemaster said. “However, instead of a high, short peak, we anticipate the field will produce the same amount over an increased lifespan.”

Learn to live with less now and count on a lengthy supply at the lower number, or crank the system to its max and blow it all out now and wind up broke fairly quickly. I'll take the former.

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