RFE 0.00% 0.0¢ series 2018-1 reds trust

don't read this wobbly, page-6

  1. 2,948 Posts.
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    Another way to look at it -

    2357boepd divided by 27 wells in production/testing = an average of only 87boepd per well. Not that great, even if one was to say a few of those wells are in testing phase and are not fully contributing to production, an average of only 87boepd is still so low. This means that some of the early wells that were drilled would only be producing <50boepd! And really most of the wells except for tahara are relatively young in production life.

    Food for though.

 
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