Before the push by Chevron
Despite some fearless deep-shelf drilling by the likes of McMoRan Exploration
As it happens, there's an analogue to our Dead Sea taking shape over in Europe.
The North Sea is shared by the U.K., Norway, and the Netherlands. And, as in the Gulf of Mexico in the 1990s, operators are shedding legacy assets at a pretty brisk pace. An early wave of selling by the likes of BHP Billiton, Talisman Energy, and Hess
Well, we can now add one more to the list. Noble Energy
Of course, for every seller, there has to be a buyer, so someone has to see value in this "been there, done that" basin. I would expect interest to be split among distributors like E.ON and smaller independents like ATP Oil & Gas