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Southeast Colorado | Had a conversation on the phone with my son this morning. Every well they drill is a success. He is servicing the natural gas end of the deal and says that they build the meter stations and pipelines up to the drilling locations simultaneously to drilling................must know there gonna hit, right?? He was telling me of one location today that is producing from 800k to 1000k mcf per month! It is coming from 4 well heads sitting all together. It is one of the rare ones that good but he also says there are others around. Even at 800k X $3.00 (?)wholesale..............you are talking $2.4 million per MONTH! ..............and this is just the nat. gas...................he doesn't have any clue what the value is on the crude coming out of the same wells. Oh to have one of these on your property! | |
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BN's North Dakota spending plans...
