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