Gas price in the area is typically 7-8% above Henry Hub spot which is ~ US$7 per mcf. Let's use US$7.50. BUR nett revenue interest on Jet 3 is 29.25%. I believed there is no local tax for gas sales.
5mmcfd - 5000 x 7.5 x 0.2925 ~ US$11000 per day
15mmcfd - 15000 x 7.5 x 0.2925 ~ US$33000 per day
30mmcfd - 30000 x 7.5 x 0.2925 ~ US$66000 per day
Note the flow rate will taper off in time, some rapidly and some slowly.
gas shows, page-6
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
