Psi
Nearly as good, yes, but as I've said before, these wells probably cost about $5M each to drill and complete. 100bopd is only 36,500 per year, and at a $30/bbl margin that's only about a $1M per year.
So a simple calculation:
1 well @ 500bopd = $5M costs, $5M per year earnings.
5 wells @ 100bopd = $25M costs, $5M per year earnings.
Now what if your field depletes after 5 years? The first example (500bopd/well) is still economic, the second (100bopd/well) is not looking so good.
I have a problem with your figures what happened to the other $40 odds??
- Forums
- ASX - By Stock
- CTP
- flow testing
flow testing, page-24
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CTP (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.0¢ |
Change
-0.001(1.96%) |
Mkt cap ! $37.00M |
Open | High | Low | Value | Volume |
5.1¢ | 5.1¢ | 5.0¢ | $22.27K | 444.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 495178 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 16663 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 495178 | 0.050 |
1 | 200000 | 0.049 |
2 | 867910 | 0.048 |
1 | 200000 | 0.047 |
1 | 100000 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 16663 | 1 |
0.058 | 172431 | 1 |
0.059 | 25000 | 1 |
0.060 | 210909 | 3 |
0.062 | 80000 | 1 |
Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
Featured News
CTP (ASX) Chart |