RE: Last 7 days Production22 May 2024 20:31
Clive,
It doesn't really matter which way you meant it, ultimately they need to be at optimum production regardless of price, they need the revenue to carry out all the planned works JUST to maintain production levels over the coming year or so.
Choking back on the "hope" prices will be higher is not how most if not all fields work, the price "could" just as easily totally collapse too, just as it did with oil in the not to distant past, minus $40 barrel, yes you could get $40 bbl to take it off their hands lol...