Investors Hangout Stock Message Boards Logo
  • Home
  • Mailbox
  • Boards
  • Favorites
  • Whats Hot!
  • Login - Join Now!
Treaty Energy Corporation TECO
Posted On: 11/16/2012 10:41:30 AM
Post# of 39368
Avatar
Posted By: coolnapz


Let's play a little game of estimation. In that McComas FB picture it looked like about 5 gallons of oil spurting out in the fraction of a second it took to snap the photo. I'll assume that was the initial pop and that conservatively this will translate into 5 gallons a minute. At 5 gallons a minute for 60 minutes for 24 hours that's 7,200 gallons of oil. There are 42 gallons of oil per barrel so that gives us 171 bpd.


WTI spot is 86.15 right now so that's $14,731.65/day, or about $4.4 million annualized on a 330 day a year production schedule.



Anyone else want to take a shot on guessing the BPD from this well? We get the answer probably next week I bet.
















(0)
(0)









  • New Post - Investors HangoutNew Post

  • Public Reply - Investors HangoutPublic Reply

  • Private Reply - Investors HangoutPrivate Reply

  • Board - Investors HangoutBoard

  • More - Investors HangoutMore

  • Keep Post - Investors HangoutKeep Post
  • Report Post - Investors HangoutReport Post
  • Home - Investors HangoutHome
  • Mailbox - Investors HangoutMailbox
  • Boards - Investors HangoutBoards
  • Favorites - Investors HangoutFavorites
  • Whats Hot! - Investors HangoutWhats Hot!
  • Settings - Investors HangoutSettings
  • Login - Investors HangoutLogin
  • Live Site - Investors HangoutLive Site