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Linn Energy, LLC (LINE) Message Board

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  • rlp2451 rlp2451 Nov 25, 2012 12:25 PM Flag

    Bakken Profitability

    So if they put 14 wells on one pad, your're going to claim that is a total of 7.5 million EURs?

    Figures.

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    • I already told you at least twice how many wells Hess does have on one pad....

      SIX wells on a TEN acre pad with each verticle having TWO laterals.

      Each lateral will produce 500,000 to 600,000 Barrels of oil.
      The EUR is posted by them at ONE Million....but it may be 1.2 million or may be more if you base it on their past well results.

      The cost is posted by Hess at $11 Million each well from last year. Prices are now maybe a little less since prices have falling a little since late last year.

      The 30 day IP is also posted for each lateral....they show each well at 1,000 boepd for a 30 day IP rate.

      Go read what was posted about a half dozen times and stop asking the same stupid question.

      What is your problem?

      Why don't you go check (don't believe me...go look for yourself) so you do not keep asking the same thing in ten different ways?

 
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