Oil companies are attracted to the shallow depths because it correlates with low drilling and completion costs of around $3.0 million per well. The wells in the Mississippian have a 30 day IP of around 244 Boepd and ultimately have a total recovery of over 400 Mboe. The low capital costs combined with the recent well recovery metrics generates IRR’s over 75%. www.selloklahomamineralrights.com/sell-mississippi-lime-mineral-rights/
