I agree. Would be good to have some more actual data, and more importantly, a graph showing the gas production trend/water production and drawdown would be better.
The 600 bbl/day pump rate (combined for three wells, so you assume 200 each) is an indication of permeability, and the fact it is sustained means that the permeability extends well beyond the well itself.
Drawdown is another key number. It would be useful to see drawdown V time for each of the wells. That will tell us what portion of the coal seam has been exposed to atmospheric conditions so far.
Gas flow rate?...maybe they dont want to unnecessarily spook people with low numbers. There will be a "kick" in the gas flow when the more permeable sections are dewatered and "dry out". So we might see a number at that time. Continued dewatering will see increased gas flow and the magic number would be around 500-1,000 MSCF/day.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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88 | 92222221 | 0.2¢ |
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Price($) | Vol. | No. |
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0.3¢ | 39961653 | 10 |
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No. | Vol. | Price($) |
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26 | 182441081 | 0.001 |
0 | 0 | 0.000 |
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0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.003 | 39961653 | 10 |
0.004 | 46999082 | 33 |
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