KOB.TO - East Lost Hills & GSJB joint venture Message Board

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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture

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To: John M who wrote (15625)	5/15/2002 9:25:56 PM
From: Bearcatbob	Read Replies (2) of 15703

John, The numbers are mind boggling. "the #1 well is making 3000 BWPD/MMscfd gas produced." My mind thinks in terms of million BTUs so I convert to 3 bbl of water per Mscfd or per million BTUs. If gas is selling in California for $4.00 per MSCF the cost parameters are clear. If the cost of disposing water is only 10c per bbl of water, it would cost $.300 per Mcf. If it is 20c it would be $.60 per Mcf. Do I have these numbers right? Bob

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