Producing wells ("PDP") are actively generating revenue for the interest owners by producing and selling oil and/or gas. These wells represent the most immediate and tangible value. Revenues are typically distributed to the interest owners proportional to the percent of net acreage owned in the reservoir drainage unit of the well, often called the unit factor, along with the terms of the lease between the Working Interest owner and Mineral Interest owner.
The monthly revenue estimate uses the latest public production data reported for each well, the average commodity price for that production month, and the below estimated decimal interest in each well's revenue. The market value of the well is the present value of all future revenue, with future revenue payments discounted to account for both risk and the time-value-of-money
We've estimated the below decimal interests based on the likely percentage of each well's revenue allocated to this tract, but this should be verified using regulatory filings and division orders. There are many factors that can affect revenue payments beyond the scope of this report.
Wells below 5% unit factor are not included in your monthly revenue estimate, estimated pdp or the Pecan Estimate. If you are receiving revenue on a well in this category, please override the interest on the well overwrite page for it to be added.
Operator: BEDROCK ENERGY PARTNERS (1 well)
| Well | Unit Factor | Revenue Interest (dec) | Net Revenue After Expenses | Value Method Used | Multiple Used | Present Value of Future Revenue | Oil EUR, MBBL | Gas EUR, MMCF |
|---|---|---|---|---|---|---|---|---|
| JOYCE UNIT 1H | 2% | 0.000011 | -- | PROD MULT | -- | -- - -- | -- | -- |
| BEDROCK ENERGY PARTNERS Total: | -- | -- - -- |