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SandRidge Energy, Inc. Message Board

  • ssandog ssandog Nov 6, 2010 9:15 PM Flag

    2011 Oil Production kept artificially low


    Reading the conference call and looking at current oil production estimates it's my belief that western ok oil production has not been factored in. Tom wouldn't give a breakout of their 2011 oil production but he did mention that western ok would only make up 1 bcf of the total ng production for next year. It seemed like he accidentally let it slip. If that's the case western ok IS NOT in guidance. 11.2 mm bbls is only 30.6k bopd. SD is currently producing over 28k bopd right now! We are adding tons more activity next year. Western ok could add maybe 3 to 4mm bbls of crude to guidance. At $90 this is VERY significant. It's unhedged production. Think about it guys.

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