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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: jim_p who wrote (2358)6/25/2001 12:17:25 PM
From: energyplay  Read Replies (1) of 206223
 
The one time I have heard of operators intenional pushing wells hard
was last winter in California. Royale Energy took some calculated risks with some of
their wells when the price was over $12.00 / mcf.

This was done on a selective basis, I beleive, with careful consideration of risk/reward.

Jim_P - a question-
The flip side of this : What percentage of wells can be cut back if the price is too low ?

Does production then stay stuck at the lower value ?
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