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Reply to "Oil by 2020"

caribny posted:
Demerara_Guy posted:

LIKELY TO FLUCTUATE
And though, from 2020 onwards, there will be continued drilling and actual production of oil, Simon was keen to note that the projected 100,000 barrels per day will not necessarily remain constant for the proposed 20-year period that the company will be drilling; production would rather most likely fluctuate.

Oil by 2020,  August 30, 2016, By Ravin Singh, Source

Perhaps, an indication that there will not be any production by that time; hopefully that US may control of Venezuela and hence the oil production.

There are many US companies so Exxon is guaranteed nothing even if MadBURRO is kicked out by Venezuelans.

Should he eventually be removed by the Venezuelans, it is still unlikely that the development of oil in Guyana will materialize.

FM
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