01-03_ptd_walking-huff_T1.htm (Mar-2001)

A monthly magazine offering industry news, statistics and technical editorial to the oil and gas drilling, exploration and production industry.

Incremental production and revenue (with oil @ $30/bbl and gas @ $5/Mcf)
Case study		Before BGC	After BGC	Inc. daily revenue

Case 1 (Since June 2000)		(w 24 psi csg)	(w < 0 psi csg)
Bern A Lease, Well 2	bopd	3.33	4.4	$32.10
Lea County, New Mex.	Mcfd	28.7	56.4	$138.50
(Jack Huff)			Average daily revenue increase	$170.60

Case 2 (Since Nov. 1998)		(w 15 psi csg)	(w < 0 psi csg)
University 3764 101	bopd	2.27	12.7	$313.00
Andrews County, Texas	Mcfd	0	7.3	$36.33
(Aghorn Operating)			Average daily revenue increase	$349.33

Case 3 (Since Nov. 1998)		(w 24 psi csg)	(w 7 psi csg)
Forest Switzer 1	bopd	12.1	13.1	$30.00
Pecos County, Texas	Mcfd	34.5	69.6	$175.50
(Chisos Operating, Inc.)			Average daily revenue increase	$202.50

Case 4 (Since Dec. 1999)		(w 32 psi csg)	(w < 0 psi csg)
Powell 15A-33D	bopd	14	22	$240.00
Glasscock County, Texas	Mcfd	57	60	$15.00
(Range Resources)			Average daily revenue increase	$255.00

Case 5 (Since Mar. 2000)		(w 35 psi csg)	(w < 0 psi csg)
Powell 20A-23D	bopd	16	20	$120.00
Glasscock County, Texas	Mcfd	15	23	$40.00
(Range Resources)			Average daily revenue increase	$160.00

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