You just divided an even $20,000,000 by 45 yrs and call that your return?
And, you did it after what you did the first time was already pointed out.
When you post that kind of skewed number instead of the numbers or IRRs that operators are actually getting it reveals for everyone...............
................... to see that your post is intentionally misleading BECAUSE....everyone already read about your decline rate curve nonsense and therefore knows that you already know that the wells pay out much faster in the front years.....so when you post a return of 6% readers who notice just laugh at your attempt to mislead.
Now, why would you do something like that?
LINE is a good example....they had a 70% IRR and adjusted it to a 50% in a more recent presentation..
....yet you would like to play-pretend and prefer to call that a 6% and yet somehow you do not think readers here are smart enough not to check the nonsense you write with the Bakken operators numbers?