Quote:
Originally Posted by nik-
Only if the oil price really explodes. If it's sitting at this level or low 60's, efficient extraction is still likely to be the name of the game.
It's the race for limited resources to maximize production at high oil prices which balloons service company rates, we're still a ways from there.
But who knows, memories can be short.
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You mean memories will be short.
If oil gets over $75 everyone will have forgotten about efficiency.