Capex to Support 1 Tcf Extraction Are there any financial models out there to give me some generalizations about how much capex (worst and best case) might be required to extra 1 Tcf of reserves from a shale gas play?
I realize some gas is more expensive to extract than others, which is why I am looking for some kind of range of values for fixed capex and for variable operating costs.
I am trying to build a simple NPV-15 model to assess NG shale resources.