Energy Investing - Well Costs - Energy Investing - InvestorVillage


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Msg  465288 of 479330  at  11/23/2022 1:43:54 PM  by

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 In response to msg 465274 by  Raiseanative
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Re: Well Costs

 A Bone Spring well now costs $11.7 Million to D&C.
 
That's another reason I'm confident the oil price will continue to rise. It has to in order to compensate for higher D&C costs. As Permian marginal barrel break even rises, the oil price needs to rise along with it, since shale is really the "marginal barrel" for worldwide production.


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Msg # Subject Author Recs Date Posted
465301 Re: Well Costs navajojoe 0 11/23/2022 2:42:50 PM




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