Magellan Energy, Ltd. (MGLG)

[mafen]

mcfpd = 1000 cubic feet per day
30 mcfpd = 30,000 cubic feet per day
30 mcfpd * 365 days = 10,950,000 cubic feet of gas for the year

assuming about 4 dollars per 1,000 cubic feet (current futures price), that amounts to $43,800 per well. multiply that by 24 wells, you get $1,051,200 a year, assuming no fluctuation in price or gas production rate.