SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Anthony@Pacific who wrote (35140)5/6/1999 8:11:00 PM
From: Michael T Currie  Read Replies (1) of 122087
 
<NUTK>

Anthony,

Very interesting. I would be interested to know the following:

1) Number of wells to be brought on line
2) Average daily production rates per well
3) Crude quality i.e. how much of a hit do they take relative to West Texas Intermediate
4) Budget for infill wells, if any
5) Estimated average remaining life of wells
6) Most importantly, opex. Can they withstand a couple of bucks drop in the oil price and still at least break even after royalties, taxes, and overhead.

May give the contact a call tomorrow.

Best regards,

Mike

Edit: opex = operating expenditure, the rolled up costs of producing from existing wells
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News