"32,466 barrels of oil and 60.9 million cubic feet of gas"
I think most people realized a few months ago that things weren't going to plan with this well and that its daily contribution to production was less than 10% of total daily production. Total production from the well should have grossed more than $2m (?) So revenue earned should have recouped much of the drilling cost. Well can be repurposed for other O&G bearing strata. This is far from being an "all is lost" scenario
Ann: SM 71 Operations Update, page-2
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