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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: ddl who wrote (7070)	1/8/1998 2:13:00 PM
From: The Perfect Hedge	Respond to of 95453

Wow.I'd wait for our Oil man Mike Simmons,the oil God on Si.He'll be back soon;he's eating a couple of pies right now.GD

To: ddl who wrote (7070)	1/8/1998 2:32:00 PM
From: Big Dog	Read Replies (1) \| Respond to of 95453

Figure roughly 2 bucks per mcf for the gas and roughly 20 per bbl for the condensate -- very rough numbers. The choke is the hole that the product flows through...the smaller the hole size correlated with the volume of flow and the pressure is an indication of the quality and type of well you have there. What do you mean you are "in on" it? You mean you have stock in a company that has such a well? If you are a working interest holder on such a well I would like to talk to you about some deals...But if you are a WI holder you would already know the answers to those questions....and if not then I REALLY want to talk to you about some deals!!! Kidding aside, if you are trying to determine the daily revenue from this well there is a ton more info that needs to be looked at...like what are the production costs? What is the water depth? Is a platform already in place, and on and on. Genearly this board does not talk about oil companies other than how they relate to the oil service industry. So I don't think you will find much info here. If you have a hankering to directly participate in drilling some onshore wells, let me know.