At 50$/BBl that's 2 million barrels, or one quarter of one day's worth of oil production for Saudi Arabia alone [0]. A new technology could do far more than just 'disappearing' 100 million dollars worth of oil.
You would if your extraction costs were greater than $650M. But that's not what the comment I replied to was suggesting, they were suggesting offering $750M to keep it in the ground.
[0]https://www.spglobal.com/platts/en/market-insights/latest-ne...