Dear Lostwood....I have been looking for the piece that was written last week about the different areas and profit levels on each! Like I mentioned, since I have a well in the Ross area, I noted that this area could carry the load at a profit at a level far less than anyone else. I believe it was at $14 and the next lowest was $38, I believe this was in the Parshall area. Did you happen to read this?
On Sun, Nov 2, 2008 at 6:23 AM, Lostwood <[EMAIL PROTECTED]> wrote: > > Thank you for the feed back. So based on the flaring restrictions of > another post, > Speaking about the Ross Field specifically. > 1. the bopd from a well will be limited to 250 bpd for the first 60 > days, > 2. then to 150 bpd for the next 60 days, > 3. and then level off at 100 bopd until such a time a delivery method > i.e. pipeline is in place that can handle volume from a well. > If yes, then the bopd will no longer be restricted and therefore bopd > produce increase as transportation of oil is available? > I imagine the pipeline construction is still a bit of a way off though > in process. > I assume another indicator in figuring this out of the price p/bo as > the oil prices change daily. As of today it looks like $46.+/- > > On Nov 1, 6:01 pm, go-devil <[EMAIL PROTECTED]> wrote: > > It was per barrel, per acre, per day. > > Math challenged as well but you could use the same figure. > > Anyone else care to give an anwser?? > > > > On Nov 1, 6:10 pm, Lostwood <[EMAIL PROTECTED]> wrote: > > > > > > > > > Is this $2 per acre per barrel? Per day? So can you figure at 16% for > > > 1.78 mineral acres? I am math challanged. Also based on a 1280. > > > > > On Oct 31, 8:12 pm, go-devil <[EMAIL PROTECTED]> wrote: > > > > > > At 400 Barrels per day at $50.00 per Barrel @ 18.75% Royalty, > > > > You'd make upwards of $2.00 per acre, per day after costs and taxes. > > > > I think I'm close ?- Hide quoted text - > > > > > - Show quoted text -- Hide quoted text - > > > > - Show quoted text - > > > --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Bakken Shale Discussion" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/bakken-shale-discussion?hl=en -~----------~----~----~----~------~----~------~--~---
