August 3, 2021
Montney BC N full-cycle costs at Henry Hub range from a low of 2.23 USD/Mcf for wells with an Initial Productivity (IP) greater than 9 MMcf/d to a high of 8.24 USD/Mcf for wells with an IP of under 2 MMcf/d. To help offset some of the full-cycle costs, there is liquids uplift providing 1.58-1.32 USD/Mcf in revenue at IP’s greater than 9 to under 2 MMcf/d.
Operating costs range from 0.68-0.81 USD/Mcf while royalties & taxes and overhead represent about 0.31 USD/Mcf. F&D costs range from 0.30-3.93 USD/MMcf and the 15% producer return ranges from 0.18-2.40 USD/MMcf. The Henry Hub differential is 0.770Mcf/d.