SandRidge Energy - Mississippian Oil Play Well Economics

Finding Oil: The Nature of Petroleum Geology, 1859-1920

03/12/2012

SandRidge Energy - Mississippian Oil Play Well Economics

SandRidge Energy (SD) recently reported on the economics of drilling in the Mississippian oil play in Oklahoma and Kansas. The company has two million acres under lease or through royalty trusts and joint ventures.

SandRidge Energy estimates that the average well has an internal rate of return of 96% and a net present value of $5.6 million using the NYMEX strip as of January 2012. The company expects its finding and development costs in the Mississippian oil play to be $8.47 per barrel of oil equivalent (BOE).

Posted at 02:03 AM in Acreage, Economics, Finding and Development Costs, Internal Rate of Return, IRR, Joint Venture, Kansas, Net Present Value, NPV, Oklahoma, Q1 - 2012, Royalty Trust, SandRidge Energy, SD | Permalink

Technorati Tags: Anadarko Basin, condensate, crude oil, energy, energy stocks, exploration and production, extraction, fractionation, horizontal drilling, hydraulic fracturing, Kansas Oil and gas, Mississippian Oil Play, natural gas, natural gas liquids, oil, oil and gas investing, oil and natural gas stocks, Oklahoma Oil and Gas, petroleum, pipelines, SandRidge Energy, SD, shale gas, shale plays, tight gas

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a011570a2f205970b0168e8a4d8b2970c

Listed below are links to weblogs that reference SandRidge Energy - Mississippian Oil Play Well Economics :

Comments

You can follow this conversation by subscribing to the comment feed for this post.

Verify your Comment

Previewing your Comment

Posted by: |

This is only a preview. Your comment has not yet been posted.

Your comment could not be posted. Error type:

Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Mississippian Oil Play

News and investment information on exploration and production companies active in the Mississippian Oil Play

Categories

03/12/2012