For the brain dead25 Nov 2025 09:27
A specific 130 billion cubic meter (approximately 4.59 tcf, or ~750 mmboe using a standard conversion) gas export deal for the Leviathan field in the Mediterranean was valued at an estimated $35 billion.
Aker BP's development plan for several projects with total estimated recoverable resources of 120 mmboe involved a total investment estimated at NOK 17 billion (approximately $1.5 billion USD) in 2022 terms, which gives an indication of development costs. This figure is an investment cost, not the total market value of the extracted gas.
120 mmboe (800bcf) gas export deal could be worth $5-$6 billion.
Investment cost minimal due to current gas terminal.
EOG share of $5 to $6 billion could be $800 million - $1 billion
£600 million.
EOG mcap Tiny Winnnny