What would have been the oil price necessary for break-even production?
We produced 83 barrels for oil from the test well in about 6 months. From my rough estimate of cost of operating the well and associated injection wells at today’s costs would require a price of at least $500 per barrel to break even.
Like I said it did not work there, but every situation is different and I am sure the technolgy has improved so it may have value elsewhere.