Well I thought instead of this
1 well @ 500bopd = $5M costs, $5M per year earnings.
5 wells @ 100bopd = $25M costs, $5M per year earnings.
It would be this
1 well @ 500bopd = $5M costs, $13,140,000.00 per year earnings.
5 wells @ 100bopd = $25M costs, $13,140,000.00 per year earnings.
Based on a conservitive $72 barrel then of course costs would then come of this amount.
Am I missing something???
If someone can enlighten please do
Well I thought instead of this 1 well @ 500bopd = $5M costs, $5M...
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