Value of 3D seismic31 Jul 2018 09:55
In a few posts, various people have stated that the 3D seismic carried out in 2011 for $100m is now worth $500m if an oil major would pay for historically incurred costs.
I would love this to be true, but how can this be?
Surely costs of acquiring seismic have not risen by 500% in 7years?