Interesting to compare back to prior AFE's (note i havent found Flames AFE). Cost increases are really being driven by completion costs. I havent tried to run down the line items yet as will need to bring the Rocket AFE into excel first
Jewell 13-12-1S-3W SXH1 Rangers 36-15-4W SHl Maroons 3-15-3W SH1 Rocket AFE ($) % of Cost AFE ($) % of Cost AFE ($) % of Cost AFE ($) % of Cost Total Intangible Drilling Costs 3,641,740 43.2% 3,752,080 42.8% 3,608,850 40.1% 4,342,400 35.9% Total Tangible Drilling Cost 454,400 5.4% 324,955 3.7% 653,670 7.3% 527,500 4.4% Intangible Completion Cost 3,753,500 44.5% 3,883,500 44.3% 3,339,500 37.1% 6,038,900 49.9% Tangible Completion Cost 578,780 6.9% 814,100 9.3% 1,393,795 15.5% 1,189,720 9.8% Total Cost 8,428,420 100.0% 8,774,635 100.0% 8,995,815 100.0% 12,098,520 100.0%
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Interesting to compare back to prior AFE's (note i havent found...
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