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DannyTanner

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DannyTanner

Re: Mister Silver post# 11882

Monday, 03/21/2022 1:34:23 PM

Monday, March 21, 2022 1:34:23 PM

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it's simple economics actually. The cost to workout an abandoned, capped, or shut-in well is approximately $10k-$50k. The cost to drill one well is well over $1million. Several 5-10Bpd wells or one 40Bpd well? At a minimum, you would have 100Bpd of production for the same cost as one new drill.
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