ARQ 0.00% 8.7¢ arq group limited

what would be the breakeven flow rate, page-2

  1. 1,849 Posts.
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    Not sure what would be breakeven, as pipeline costs etc have to be considered in addition to actual drill costs, but we can assume from previous info that they might hope for 6-10 MMcfd from a stimulated horizontal well.

    So at $5 per 1000 cu ft, 6MMcfd provides revenue of:

    $30,000 per day for gas

    and @ $100 per bbl, and 70bbls per MMcf

    420bbls per day or $$42,000 per day for condensate

    So, $72,000 per day, which should cover a few bills...

    In a rush, so better check if my decimals are in the right place.
 
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