GREY:WFREF - Post by User
Comment by
VentureCapital3on Dec 03, 2014 1:51pm
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Post# 23190945
RE:RE:RE:RE:Crude oil inventories
RE:RE:RE:RE:Crude oil inventoriesIf you only consider the OPEX it is probably true. But, to maintain the production level, they need to drill more holes and than they have to consider the CAPEX and the OPEX. The CAPEX is probably more than 40$ on average. So, under 80$, it is very difficult for them to drill.