Brazils' recent oil find

Details are becoming available regarding the massive oil find off the coast of Brazil. Early talk of 30 bln barrels has been circulating but now the facts coming out that the oil is trapped-much like the Arctic natural gas. The oil is 30,000 feet below the waves and is in rock that is at 500 F. The cost to drill a single well is north of 100mm. This oil will come out if oil is at 125 and above for a sustained time. Looking at the oil strip curve shows that after 2012, the oil curve starts tomove back up. In particular the curve is as follows: Dec.2011-107.37, Dec 2012 107.30, Dec. 2013 107.50 , Dec. 2014 107.77, Dec. 2015 108.12, Dec. 2016 108.71.