Depends on the wells and what they are producing.
If you have to produce a lot of salt water to get the oil your electric cost plus the salt water disposal cost, even with your own disposal well, can take a bite out of your ass quick.
Most of those wells aren’t shut in they are just put on timers so you can keep the lease without having to pay shut in cost to the mineral owner.
Thanks for that. I wasn't thinking about that side of it. But I understand that quantity can be large relative to the oil.
just put on timers so you can keep the lease
Okay, that makes more sense. Thanks for the info.