According the Wood Mackenzie, the likes of Rosebank and Cambo come in at $40-50/bbl.
Siccar Point Energy's Cambo appraisal well, in 1,110 meters water
depth, confirmed a high-quality reservoir and sustained flow.
Investment research firm Edison says Blackrock could hold 200 MMbbl in reservoirs similar to Cambo and Rosebank.
After that came the“Cambo Challenge” in 2015,
organized by Large Minority(a company that organizes awesome rallies in Sri Lanka, the Amazon, Cambodia, and the Philippines).
Private equity-backed Siccar Point drilled a test well at the Cambo field this summer in the area, and is
expected to decide next year on its development together with its partner Shell.
The Cambo field, located 125 kilometers northwest of the Shetland Islands
and in a water depth of 1,100 meters, was discovered in 2002, and subsequently had four appraisal wells drilled up to 2012 and a final successful appraisal well was drilled and flow tested by Siccar Point during the summer of 2018.