Jewell Well Modelling - the best by far

Now that we have been provided with some very good production numbers through a couple of company announcements I have developed a comprehensive model of the Jewell well. The well return metrics look pretty good. Not bad for the first well of 20!

The assumptions are:


Source: BRK ANN 5th October 2021 and estimates

Note: These are estimates from previous announcements and discussions with Dan. I have bumped up the NGL slightly as I expect that oil has peaked but NGL has a bit to go. I am allowed for NG shrinkage by reducing my estimate by 40%.

• Opex US $3 BOE

• Royalties 20%

• Transport Costs around US$1 barrel for oil / NGL

Well decline rates have been modelled using the EIA modeling methodology, decline rates from surrounding wells and some curve fitting mathematics.

And here it is:


As with everything on Reddit this is my analysis and interpretation of the data. Is not financial advice, do your own research and if in doubt seek professional financial advice before making any investment decisions.

TP