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Posted On: 02/07/2021 12:51:49 AM
Post# of 1425
Noted and Correct By Desert Eagle:
I have a research paper on file that shows where 13 wells in West Texas were treated and after treatment production was increased by 350%.
For a stripper well doing 15 Bbls per day that would be an increase to 52.5 Bbls per day. At current WTI prices, that would be an increase of $64,851.48 per month.
With 770,000 stripper wells in the US, once PCTL has the data to back up efficacy claims, it is an open road ahead.
Have a great weekend.
(Source: NSWA - National Stripper Well Association)
I have a research paper on file that shows where 13 wells in West Texas were treated and after treatment production was increased by 350%.
For a stripper well doing 15 Bbls per day that would be an increase to 52.5 Bbls per day. At current WTI prices, that would be an increase of $64,851.48 per month.
With 770,000 stripper wells in the US, once PCTL has the data to back up efficacy claims, it is an open road ahead.
Have a great weekend.
(Source: NSWA - National Stripper Well Association)
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My comments are only my opinion and are not to be used for investment advice.
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