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Spdr S&P Oil & Gas Exploration & Production Etf V.XOP.W


Primary Symbol: XOP

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the oil and gas exploration and production segment of a U. In seeking to track the performance of the S&P Oil & Gas Exploration & Production Select Industry Index, the fund employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the oil and gas exploration and production segment of the S&P Total Market Index (S&P TMI).


ARCA:XOP - Post by User

Comment by GorgeousGeorge1on Nov 25, 2016 7:12am
231 Views
Post# 25512347

RE:RE:RE:RE:RE:RE:RE:Maybe a silly question

RE:RE:RE:RE:RE:RE:RE:Maybe a silly questionUnfortunately I can't post the pdf on here. I urge you to take the time to Google the pdf 'Pettingill Weimer - Global overview of deepwater exploration and production. 2007' Firgure 2 - West African GCOS 40%. Global average CGOS 30% Congo basin CGOS 80% These are 2007 figures, advances in seismic technology (particularly Exxon's own technology) would better these averages. I have read more recent data suggesting the GCOS along the West African Transform Margin is 65%. As I said - we are drilling right in the middle of the right area.
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