With current O&G pricing I have payback ~100 days assuming initial production mirrors L#1 & L#2 (12mmcfd 360 bopd 360 bngl) with well costs ~$10m.
with a 3rd lightning well assuming it produces as above this field would be generating more net income at $80k (+$35k) than SM71 which is currently producing $60k (includes all current hedging) its worth noting …..
let alone any contribution from GC#21 in due course expected mid/late next year …
Talitha-Alaska, page-1633
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