It’s small, biogenic methane in a hot part of the world. There is nothing exciting - volume nor profit - about these resources.
Discussion
Did you read the report I shared?
Yes, it is incorrect.
Do you have any resources you recommend I can read on it?
**Undiscovered
**Mean field size
**Subsalt (difficult to image)
**Offshore (expensive to develop)
**hot climate (no domestic market for gas)
**”small” individual reservoirs (no way to aggregate economically to justify export infrastructure)
It is a natural gas asset with crummy profitability in a complicated part of the world. It’s not the reason anything is happening…things were happening in this conflict way before they discovered Leviathan Field.
Let’s focus the attention on those things. The natural gas story is mostly incidental…