The presentation had more information on the dollar impact of a typical well in Bakken. The additional info allowed me to rearrange the data into an income statement. I am an accountant after all.
I previously discussed this in another post. I’ll refine that analysis in this post.
Here is the income statement for a typical well over a full lifetime of production, based on the data in the presentation.
|drill & complete||7,925,000||18%|
|margin after drilling||36,485,000|
|ongoing production costs:|
|remaining lifetime production costs||4,400,000||10%|
|gross production taxes||2,200,000|