TXN 0.00% 58.0¢ texon petroleum ltd

30 day flows announced., page-15

  1. 1,655 Posts.
    Michael

    Total production will be the area under the curve.

    I don't suppose that you would consider swapping the "good" and "bad" labels.

    Generally,

    The value will be determined by the estimated recoverable reserves and the projected production curve and we don't know whether they tightened up the choke during the 30 days. It is the first well. Hilcorp (AUT) is still experimenting with flow rates also.

    Further, taking a lesson from the AUT Turnbull wells mentioned by OGG: 1 is OK; 2 is contaminated (sulphur); 3 had a different fraccing technique (3 phase) and they are all very oily. So, you can't really conclude much from the data of 1 well, particularly as it is being choked down.
 
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