Completion of wells accounts for 60% of total cost of drilling and fraccing. Drilling is only 40%. lots of money needed to put DUC well into production. And it would be silly for the shale oil producers to smash their shale oil business. They also want to make good money.
Santos Target Price, page-60
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Last
$7.74 |
Change
0.090(1.18%) |
Mkt cap ! $25.13B | |||
| Open | High | Low | Value | Volume |
| $7.74 | $7.80 | $7.71 | $70.72M | 9.111M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20574 | $7.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.76 | 30000 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |