how do we find out the pay for gas ? say our well did 718 mcf code 01, 31,583 code 02, 722 code 04. in the month of Nov. what do we multiply or divide by to get to our numbers to multiply by decimal % in the division order. what are the codes ? How is Warm Springs Unit A
in Dewitt county doing ? Just to know since we are still in Stipulation. Thank You, Trini
Hi, Trinidad -
I don't understand your questions regarding gas. Is there some explaination or guide explaining what the different codes represent?
The Warm Springs Unit A No 1 Well was completed July 8, 2012, with an Initial Potential reported at 1,242 BOPD and 1,988.0 MCFD.
The most recent reported production for it is for December 2012, during which month it averaged 347.0 BOPD and 584 MCFD. 10,209 BO were sold at $95.027 per barrel, for a Gross amount of $970,130.00
I was not able to find any figures for gas sold -
Hope this helps -
Charles