Post by
topdown99 on Nov 04, 2021 5:44pm
Clearwater economic's
Check out the drilling info on Peavine , those wells are drilled in 11 days to 2 weeks and pumping on average 500bpd . Cheap wells to drill but immediately profitable .
Keep paying down debt as that is still the best use of FCF .
Comment by
perstrudent on Nov 04, 2021 6:01pm
Yes if you extrapolate the 2 leg wells x4 to equal 8 leg wells you get average of ip30 of 700bopd...exact same as the average ip30 of the 3 8 leg wells that averaged ip30- 695 Fairly consistant results. 22 wells by end of 2022 will add 8000bopd plus current 2000 existing 2022 with 10,000bopd of clewarwater.