GREY:ARWJF - Post by User
Post by
rainthunderon Sep 24, 2013 11:02am
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Post# 21763028
Cost of the average well?
Cost of the average well?
I am quoting from an article (see link)
https://news.yahoo.com/tight-oil-potential-outside-north-america-huge-study-081848742--sector.html
“According to the Financial Times, the IHS study puts the cost of the average well outside North America at $8 million compared with $5.6 million inside North America, ranging from $6.5 million in Australia to more than $13 million in parts of the Arabian Peninsula.”
Equity of ARW: How much?