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re: Tuscaloosa Marine Shale

Posted on 5/23/12 at 1:33 am to
Posted by ShreveportTiger07
Shreveport
Member since Apr 2009
255 posts
Posted on 5/23/12 at 1:33 am to
Actually I heard the well costs were closer to $20MM on Anderson 17H. That sounds absurd to me but I was told by someone who would know, and I've seen that figure quoted as the upper end of the AFE range in a few articles.
Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22391 posts
Posted on 5/23/12 at 6:17 am to
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 5/23/12 at 8:46 am to
Links to articles? That's insane.
Posted by Beerinthepocket
Dallas
Member since May 2011
856 posts
Posted on 5/23/12 at 11:19 am to
quote:

Actually I heard the well costs were closer to $20MM on Anderson 17H. That sounds absurd to me but I was told by someone who would know, and I've seen that figure quoted as the upper end of the AFE range in a few articles.


That's incorrect, just looked at the report and as of May 17th the cost to date was $12,068,177.
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