% | $
Quotes you view appear here for quick access.

SandRidge Energy, Inc. Message Board

  • carmineconspiracy carmineconspiracy Oct 25, 2013 6:00 PM Flag


    Sdr nat gas derrivative price was $3.38,oil production was down,ng production up,but only got $3.38 for it,need ng price to go up for better pps.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I no idea and will not read as I cannot. I thought SD was hedge a couple of years near 100% of SD production if so the topic is moot....

      On rev's yahoo reports last two or so qtr.'s flat. If rev's stay flat with drop in G&A mores EPS will show up this report. Wells drilled 100 plus for 3 months if SD gets(timing) 100 wells averaging 30 day production it would paint 30,000 boe/d for this report...add the 22,000boe/d GOM and SD will average over 50k boe.d for the qtr.

      Now add for the other 500 plus wells drilled in the Miss lime with a bet average of 10 boe/d and we get 5000 boe/d for them...Of course these wells number closer to 1,000 wells more so than they number 500 wells.

      Then we have the OCT presentation listing 8 wells averaging over ?? ""8 Middle Miss test wells resulted in average 30-day IP rates of 708 Boe/d"" that's 5600 boe/d from eight wells....AS of Oct Presebtation SD claming 66% production growth...

      So unless the new SD lied in the Oct Presentation we can expect good production groth in Miss lime...IT said 2nd qtr production for SD was 47k boe/d plus.... I guess we will see how the bumbers fell by the Sept 30th reporting 3 rd qtr close...ya know when such such(drilled) wells were recorded...