GREY:RNSFF - Post by User
Comment by
hydrocarbsson Apr 29, 2020 10:44am
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Post# 30966110
RE:Pemex to prioritize low-cost fields
RE:Pemex to prioritize low-cost fieldsPemex to prioritize low-cost fields
What a novel approach.
In a closed door meeting, where the topic was how to increase cash flow in a WTI $15 a barrel environment, the approaches were mixed.
In a final vote, the janitor was asked to cast the deciding vote...he suggested, why not put your focus on low-cost fields...less money spent means more cash flow. The janitor went on to explain, I use that method in my shopping...
Excellent! Novel! Outstanding! (How do we tell the Unions...)
Pemex will now conduct a three year study to determine which fields are low-cost.