STX 0.00% 17.0¢ strike energy limited

calling psi81, page-2

  1. 6,312 Posts.
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    The actual water rate is just a number, it is the impact it has on the reservoir pressure that matters. The important question is not what is the water rate, but for a given water rate, what is changing in the reservoir?

    It doesn't appear from the update that anything has changed significantly there which suggests we have further to go. Wait for the quarterly and see if they provide more information. I am hoping they give us another one of those charts of gas and water rates so that I can see what this increased water rate is doing to the gas rate.

    When I said I want to see significantly higher water rates than 550 bwd, I didn't mean 750 bwd. I want to see well over 1000 bwd, which hopefully when this pump is turned up to full speed and K4's ESP is on, we will see from each well. If that still doesn't achieve the step change we are all looking for, then we have a problem.
 
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