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I would like to know how to figer out how much money a gas well is making?

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I would like to know how to figer out how much money a gas well is making?

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  1. if you are talking about gross revenue you need to know the volume in barrels per day, then you simply multiply the number of barrels by the spot price.

    if you want to determine net income you will need many more facts like lease costs, production cost, transportation, etc.

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