My take on the timing is a little bit different to yours though in the same ballpark. Assuming they have to flow back onto a pipeline. My timing is:
Perforate - 1 day Frac setup - 2 days Frac - Max 3 days as is a vertical leg only Demob frac gear - 1 day Mobilise and tie in test separators - 2 days Flow back frac fluid - 5 days (Probably have to rock the well a few times) Allow flows to stabilise - 2 days Pressure build up and flow test - 2 days
This outlook assumes a no result should be reported early, a delayed result is looking better.
I have been in on this one for 2 ½ years and have already made a pretty nice profit. If this is the big one and it takes off I might just retire from the oil patch and just trade or invest in oil stocks.
Cheers
Jami
ADI Price at posting:
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