Mitis, I think I mentioned before that the production rate per well declines by 50% or more over a year and this requires more wells to be drilled. The early wells eventually get down to 5% or 10% or even stop producing, so at any one time there will be a lot less than 200 wells producing.
There was another fact that was missing from the announcement and that was how much fraccing fluid has been recovered so far. If there is still a lot there then that will significantly effect current gas production. If , on the other hand nearly all the fraccing fluids are out then I think we should be seeing higher pressures and more gas. Anybody else have a view on this?
Occam
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