re: Ann: Eagle Ford Shale Quarterly Update an... Trader888 what are the decline rates per quarter from the initial production?
I still can't get a clear idea of a figure. One broker report said 10% every month which would end up being roughly 50% decline for the first year.
Does that sound about right?
On a 500 BOPD initial flow rate it would be:
End of month:
1- 450
2- 405
3- 365
4- 329
5- 298
6- 269
7- 243
8- 219
9- 199
10- 180
11- 162
12- 148
Ann: Eagle Ford Shale Quarterly Update and Append, page-26
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