Well company has stated they expect to make money at about $2.50 a Gj.
At todays prices a well flowing at 200mcfd is throwing off about $1200 a day.
So you get well costs back in under 3 months. Hydrocarbon wells are often considered economic if you can get well payback in 18 months.
All they will need is a whiff of the stuff and were in business.
Well company has stated they expect to make money at about $2.50...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
