By repositioning I do not mean packing up and moving to the next well, but that could be a half day or more. I am talking about pulling the nozzel and hoses back and moving to the next depth or direction to started the next lateral. If this time is a hour per lateral and they do 20 laterals thats 20 extra hours or even if it's 1/2 hour thats 10 extra hours. So you are at about a week a well. So even if there is no waiting on the wells to be drilled that is still only 4 wells a month. If you read the news release it sounds like the 25 wells (7 + 18) are new wells so it could be 2 - 3 a month. I guess on the bright side that is almost year backlog. And they could go and do other wells while they wait.
If a new well costs a million or more, how much is a stimulation worth that doubles the production of existing new wells? (Have to add the substantial Frac costs). Our cost becomes minimal but necessary leaving a lot of headroom in our current "rental rate". I like the idea of taking a piece of the increased production but that would only be for a stimulation. I would think a new well would have to be a per well rate.
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