Hi Find8
With the great respect, I hear what you say but you are wrong.
Too much water means all the oil has already been pushed from what was the original oil water contact and the horizontal well bore. All the oil above the well bore assuming no gas cap expansion will stay there it as oil is less dense than water (LOL). Further drilling can produce this oil if it is economic to drill (very expense offshore compared to onshore).
We will just have to wait to see the next more informative report from AED to understand better the huge reduction in oil flow, from 30,000 down to 10,000, economical not good.
Cheers
PC43
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