GREY:LSTMF - Post by User
Post by
chantal2468on Jun 13, 2015 5:20pm
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Post# 23827789
itrabs...I have question for you
itrabs...I have question for you
do you have any concrete cost numbers for additional oil achieved through EOR versus drilling and fracking a fresh well (which I already know the cost of) in the Bakken...because I am going on the assumption LTS can apply enhanced methods anytime they want but chose not to until oil price improves.I would assume that if a dollar spent on EOR yields more oil per dollar than a fresh well then mgmt. will do that first at the previously stated magic number of $65 WTI