Petro Engr- A&M Husband- OU ‘85-90’ - 2x OU Dad- @OU_MPGE Advisory Board-Emmy Winner 30 for 30- ESPN Films (Brian&Boz, Wishbone) Producer @TheBozPodcast
@hghumphrey@1Nicdar Zipper Frac’ing saves some but the real cost is in the sand and the fluid.
Our wells in New Mexico; completing 4 at a time, cost more to complete then to drill. By a big amount
@hghumphrey@1Nicdar If those wells cost $9,000,000 each that’s $45,000,000 not including infrastructure cost.
NG prices are very low also.
That’s why no new drilling
@Boomersooner687@1Nicdar Gasoline prices are high due to a shortage of gasoline.
The Oil Market would be $50 a bbl higher if we didn’t release oil from the SPR