No one but you cares what "ND used for the base oil price" because it does not matter if you believe that they are capable to do the estimate and would use a reasonable number.
You want to check their math...fine call them up ans ask all you want.
You won't since that is not what you want to know anyway....right....clown.
You just want to make it an issue of the price they used to distract from your posts claiming that they must somehow be incorrect and that Bakken wells are not as profitable as they actually are.
Have fun trying.
Since there seems to be interest in just how profitable the bakken wells actually are.
It will be helpful to see some comments from others in the bakken also.
This one was from the end of August, 2012
[Rate of return for a Middle Bakken well reported at 106%...etc.]
"The Bakken is not the only formation Apache is interested in drilling. Just like with the Anadarko Basin of the Texas Panhandle and western Oklahoma, where Apache has over a million net acres, this portion of the Williston Basin offers multiple stacked oil plays, the type of onshore unconventional drilling the company likes. Daniels County has produced conventional oil from the Ratcliff, Madison, Mission Canyon and McGowan formations in the past. However, the county also has potential to produce unconventional oil from the Mississippian aged Bakken, Lodge Pole, Madison Group as well as the deeper Devonian aged Three Forks and Nisku members.
As far as economics goes, lower well costs are another advantage this area provides. Since the Bakken is at a shallower depth here, well costs are estimated to be around $7.5 million compared to about $10 million in the center of the bowl-shaped basin. Middle Bakken EURs are reported at 670 MBO compared to 377 MBO for a Three Forks well. Rate of return for a Middle Bakken well reported at 106% versus 37% ROR Three Forks well.
It will be interesting to see this region develop. As time progresses I’ll check on other operators moving into Daniels County as well as production metrics for the Middle Bakken, Three Forks and other targeted formations."