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The numbers behind the Permian spotlight at OTC

July 27, 2020 by

The main thing is, offshore is a long-term commitment, said Maierdan Halifu, senior analyst at Rystad in Houston. If you make a discovery and sanction a project, you’re making a commitment for the next six or seven years. But shale is very flexible. You can drill wells relatively fast and get the return relatively fast.”

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