Txp6 Dec 2024 11:36
Despite what people say the average time to bringing a oil or gas field online is between 4 and five years taking everything into consideration. Some take much longer to achieve this goal. A brand new facility built in the jungle, pipelines to infrastructures, pads built ready for drilling, bridges built across a river, awaiting permits to start, and the list goes on and on.
Would I have wanted it built quicker of course I would but it wasn't and that's exactly why I say this sector is absolutely renowned for setbacks at every turn. So is Txp so bad by some yet built it within the timescales that most take to achieve this goal.
What I'm interested in now is drilling to fill the facility as It's pointless to keep going over a timeline that is about bang average to bringing this facility and everything that went with it online and producing.