March 2001
Supplement
01-03_ptd_walking-huff_T1.htm (Mar-2001)
A monthly magazine offering industry news, statistics and technical editorial to the oil and gas drilling, exploration and production industry.
Incremental production and revenue (with oil @ $30/bbl and gas @ $5/Mcf) | ||||||
Case study | Before BGC | After BGC | Inc. daily revenue | |||
Case 1 (Since June 2000) | (w 24 psi csg) | (w < 0 psi csg) | ||||
Bern A Lease, Well 2 | bopd | 3.33 | 4.4 | $32.10 | ||
Lea County, New Mex. | Mcfd | 28.7 | 56.4 |
$138.50 |
||
(Jack Huff) | Average daily revenue increase | $170.60 | ||||
Case 2 (Since Nov. 1998) | (w 15 psi csg) | (w < 0 psi csg) | ||||
University 3764 101 | bopd | 2.27 | 12.7 | $313.00 | ||
Andrews County, Texas | Mcfd | 0 | 7.3 |
$36.33 |
||
(Aghorn Operating) | Average daily revenue increase | $349.33 | ||||
Case 3 (Since Nov. 1998) | (w 24 psi csg) | (w 7 psi csg) | ||||
Forest Switzer 1 | bopd | 12.1 | 13.1 | $30.00 | ||
Pecos County, Texas | Mcfd | 34.5 | 69.6 |
$175.50 |
||
(Chisos Operating, Inc.) | Average daily revenue increase | $202.50 | ||||
Case 4 (Since Dec. 1999) | (w 32 psi csg) | (w < 0 psi csg) | ||||
Powell 15A-33D | bopd | 14 | 22 | $240.00 | ||
Glasscock County, Texas | Mcfd | 57 | 60 |
$15.00 |
||
(Range Resources) | Average daily revenue increase | $255.00 | ||||
Case 5 (Since Mar. 2000) | (w 35 psi csg) | (w < 0 psi csg) | ||||
Powell 20A-23D | bopd | 16 | 20 | $120.00 | ||
Glasscock County, Texas | Mcfd | 15 | 23 |
$40.00 |
||
(Range Resources) | Average daily revenue increase | $160.00 | ||||