on the opec not cutting production possibly . Although , i agree with them on opec . I don't think going short on xel is wise at this late stage with so much noise in the background . Remember , America is coming out of recession and although china has growth of about 7% , that is still amazing growth and the growth is based on the growth of the previous year , so if you compare chinas growth to lets say 10 years ago , it is amazing . The world population is increasing , there is conflict all round the world and Ukraine and Eastern Europe are on egg shells . This low oil price will pass .
In terms of water depth certainly could be workable, but possible hassle in moving around when the N Plus and the platform arrives. Wonder if could be for Bressay. With the rigs Statoil has been releasing/laying up recently, bit surprising one has not been diverted to Bressay/Bentley for some drilling they know will be productive.
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