For J50 anything is possible. For J52 obviously we havent even applied yet and still have 90days of testing the upper zone.
I still have hope they will install a pump in NWZ2 and get her flowing too. Hope is wonderful.
I guess alot will come down to economics. Lets say NWZ2=200bopd (eventually), J50= 350bopd(stabilized) and J52 manages to maintain 750bopd.
That would be 1300bopd for and outlay of about $13mil. Not a great return IMO. The could have spent a bit more on an offshore well and had much higher flows. Or drilled in a country with less stringent TPL guidelines.
The potential is obviously if J52 can be replicated many times over. 750bopd is excellent. But we dont know how quickly that will drop.
It will be an interesting few months. An update on flow rates and the TPL could lead to anything.
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