Anyone who can say what the break even point for gas should be in Harrison County? This is after extraction of oil and liquids.
It once appeared to be $1.80, now I'm losing revenue at about $ 2.50 at smaller volumes.
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Began with Chesapeake, then transferred to Encino, plus 25% was sold to Burj Energy. Burj had far less deductions than Encino, but after a while they seemed to fall in line. However, the break even point can change with diminished production, as much depends on how contracts are construed. If I could find a comparable to my production levels I could make some kind of guess.
When I say I'm losing revenue, I mean I am paying them for negative net pricing.
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