- XTO operated wells: 27
- total production: about 28,000 bbls total for the month
- five wells currently on the confidential list (status completely unknown), permit numbers, #36627 - #36631, inclusive
- one assumes that these wells will be drilled in early 2020; could go into production late, 2020
- these wells are in Tobacco Garden
- Tobacco Garden is a great oil field
- one would expect about 150,000 bbls in the first year for each of these wells
- if one received $150 on 30,000 bbls, one could expect about $3,750 over the course of the first year for those five wells
- the other wells might be steady steady state (about $150/month for quite some time)
- $3.750 / 12 = $300
- + $100
- = $400/month from XTO in 2021
Tuesday, October 1, 2019
XTO: September, 2019, Royalties And Projected Income
Tucker's September, 2019, data regarding XTO royalties:
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