Jewell Well Modelling - the best by far, page-2

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09/10/21

17:10

Post #: 56682917
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Originally posted by TheProfessional: ↑

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

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Outstanding work TheProfessional.

Glad all the novice punters are getting out and the smart money is adding.

The market will quickly realise the size of the free cashflow this company will be spitting out as we get all 20 wells flowing.

As institutional money beats their path to our door in coming months to join Exxon we will see this share price re-rate in a massive way.

Added more oppies this week at these give away prices.

10x
BRK Price at posting: 2.6¢ Sentiment: None Disclosure: Held
29 Upvote

0 Great analysis

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