So what are we running at a year with the first well, is 2bcf/yr sound ball park?
So they ran some model based on 3 wells and recovery 46 bcf over 20 years?
Just remember the estimate went 3 fold after the first well.
So lets say they do a depletion of the resource in 10 years, with the one well, what is left?
I am not sure what numbers or software they use to simulate this stuff, but if a gas plant gets let say 15 mmcf/day with 3 wells, that about 5 bcf/yr. They building gas plant for 30 mmcf/day, and that would lead me to believe higher resource report.
Just crunching some numbers roughly and may have missed a zero here and there or made a typo in my spread sheeting...
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