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<blockquote data-quote="Wall-eyes" data-source="post: 435590" data-attributes="member: 1902"><p>Back 70's and 80's the breakeven point depended on how well each well produced whether</p><p> 10 barrels day or 100 barrels. We still had base minimum back than was $15 to $20. Now days they have perfected drilling and whole process to be whole lot cheaper as we hear in news. We only did vertical drilling never horizontal. Ran a lot of submersible pumps too which they no longer do. If have dandy well dont need pump jack either.</p></blockquote><p></p>
[QUOTE="Wall-eyes, post: 435590, member: 1902"] Back 70's and 80's the breakeven point depended on how well each well produced whether 10 barrels day or 100 barrels. We still had base minimum back than was $15 to $20. Now days they have perfected drilling and whole process to be whole lot cheaper as we hear in news. We only did vertical drilling never horizontal. Ran a lot of submersible pumps too which they no longer do. If have dandy well dont need pump jack either. [/QUOTE]
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