Value of KRT-39 Gas produced 140k per day7 Dec 2021 23:07
My calculations may be out but work this out at $41k per month , does not seem correct to me
Anyway just under $500k for what was wasted gas
Add the 50 barrels of oil per day on last well producing per year 18250 barrels
Since before Block Energy acquired Block XIB, the associated gas produced (currently 140,000 scf per day) from KRT-39 has been flared. Its monetisation will further reduce Block's environmental footprint in Georgia and is part of the Company's wider strategy to minimise carbon emissions.