The peculiar belief that delaying part of a project makes it cheaper. Despite the proof, on hundreds of projects, of the exact inverse of that. (View Post)

Iran vs Trump negotiations caused this to bubble up, in my brain "I thought the miners' leaders were the stupidest men I ever met, until I met the mine owners." (View Post)

Running a field costs a fairly fixed amount of money. The reduction in operating costs for “just ticking over” vs full production would not be great. If you plug a well and remove the production faci… (View Post)

I would doubt you could get from lease to an exploration rig onsite in six months. The North Sea from this point is about not throwing away tax yield in the medium/long term. (View Post)

Tankers are turning round. Now. Which means that deliveries from other sources will start failing to come here. Who has the most money, out of the U.K. and China? Who has the most “pull”? (View Post)