Energy Investing - Well Costs - Energy Investing - InvestorVillage


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Msg  465274 of 466540  at  11/23/2022 12:50:18 PM  by

Raiseanative

The following message was updated on 11/23/2022 12:51:34 PM.

Well Costs

  
A 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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Replies
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




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