Just doing quick math in my head, that nets about $750,000 a year. I included lifting costs, Texas serverance tax, $7 an MCF nat gas and $70 BBl oil. I am not sure about overrides so I went conservative.
The reference to the 160 pumpjack means that it has a 160,000 pound gearbox. That is a big pumpjack for that depth so I will bet that they are using 2 7/8ths tubing to pump fluid at a great rate.
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