RE:The difference in pressure I never did take her seriously. Anyway back to geonmax and your analysis of geology. Goeonmax says "shelf sands". So the difference is in how they got there? Plus higher temperature would have cracked the aromatic carbon rings in oil into linear molecules of nat gas liquids.
This is exactly how heavy oil producers in Fort Mac Alberta create lighter oil out of heavy oil. They call it reforming. So we could have had oil reformed into nat gas liquids. Wow! Is that why the sp is dropping? Good well but wrong stuff? If true, then what's the floor price? Note that I worked on Chevron's Plataforma Deltana project offshore Venezuela drilling 5 nat gas wells back in 2004 and 2005. Found something like 50 trillion cubic feet of gas. Chevron happy as can be. They were going to pipeline it to shore and liquify it. But then the gov changed the rules. Chevron not so happy now. Well if it's gas then can they produce it using FPSO?