Showing posts with label Art Berman. Show all posts
Showing posts with label Art Berman. Show all posts

"In the real world, an average Wolfcamp well costs $7 million to drill and complete. Average operating costs are about $12 per barrel. Severance taxes are almost 5% and the average net revenue per barrel after royalties is only 75%." - Art Berman

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"In the real world, an average Wolfcamp well costs $7 million to drill and complete. Average operating costs are about $12 per barrel. Severance taxes are almost 5% and the average net revenue per barrel after royalties is only 75%." - Art Berman
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