Post by
schmidilein2713 on Feb 19, 2023 7:43am
costs and revenues in US$
Costs per drill for Trillion are round about 4,3 Mio as mentioned in the Schlumberger news release in Feb.2022
So rig&Schlumberger-team round about 30 Mio for programm A.
Revenues till end of March:
November: 1,2 Mio.
Dezember: 2,3 Mio( 30.-/mcf)
January: app. 2 Mio (27.-/mcf)
February: app.1,6 Mio (22.-/mcf)
March: I estmste 1,4-1,5 Mio ( 20.-/mcf)
So totally about 8,5 Mio.
April& May: should bring app. 3 Mio each month at a Botas gasprice around 20.-/mcf- we will see!
But at the end of March still 3 drills to drill & missing to finalize programm A. How should this work till June?
I expect 10 months in total for programm A( middle of Sept 22 till middle of July). So costs of 45 Mio for Trillion. But revenue stream allready should carry the costs.
So first real milestone I expect finishing programm A- this is fully derisking the whole exploration programm.
Second milestone: A big hit, or let say a remarkable input for gas reserves which at the moment are only round about 40 bcf, which will last only for some years.