Flat production of 1,000 bbls of oil per day for February and March:
|RPT DATE||LUW CODE||STORAGE FAC||DOC USE||WELL CNT||OPENING STK||OIL PROD(BBL)||GAS PROD(MCF)||DISPOSITION||CLOSING STK||PARISH|
Just my opinion oil would have to be over $70 a bbl for this to even have a chance. Economics really are not there yet. Operators get a away with it in the Permian due to everyone is set up to handle the water. Plus swd that are in the Devonian formation. You can put upwards of 25,000-30,000 bbl’s a day away with one well.