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Energy Investing
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Well CostsA Bone Spring well now costs $11.7 Million to D&C. At current prices a 500 MBO well is required to generate a paltry 30% ROI with a 1000 GOR. Not encouraging at this time. A year ago that cost was $7 million. 6 months ago it was $9 million. |
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Msg # | Subject | Author | Recs | Date Posted |
465288 | Re: Well Costs | Nothingtoc | 10 | 11/23/2022 1:43:54 PM |
465292 | Re: Well Costs | c185pilot2000 | 5 | 11/23/2022 2:16:46 PM |
465355 | Re: Well Costs | marpincan | 3 | 11/23/2022 6:26:13 PM |
473607 | We heard RJ news of higher costs a month ago from Raisenative | coolreit | 3 | 12/30/2022 9:46:28 AM |