Good data:
“I’ve got Canyon Sands Wells on the north end that come in with 300 to 400 barrels a day but drop of to 15 or 20 within a year.”
That’s maybe an average of 200 barrels a day for the year as it declines. That’s 73000 barrels at $80/barrel or $5.8 million coming out of a well that cost what, $15 million with infrastructure? These had better be rare.
No sir our wells are running us about 2.5 to 3 mil per, thats flowlines and battery’s. We’re not drilling horizontals. We ain’t up with the big dog’s just yet.