Opt, we are indeed on the same page here! I concur with your comments, except...
"Some of the earlier presentations suggested that each well alone could produce more than the planned field rate of 17.5 MMbbl/d."
17.5MMbbl/d ?? I WISH!!
NDO's daily share would be 3.898 MMbbl, annually would be 1.4227 Billion bbls, which would amount to an annual gross income (@ $90/bbl...$75 gross to NDO) of approx. US$106.7077 billion, and the sp would be (on a lousy P/E of 3)...ahhh, don't wake me up from this beautiful dream!!
The figure is 17,500 bbl/d for both wells. You are correct that some have bandied around the possibility of this figure being obtained from each well, but I'm a little disturbed at this prospect due to the potential of a sharply increased water cut, and a possible resultant shut down. Steady, steady, wins the race!
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