OEL 7.69% 1.2¢ otto energy limited

SM 71 Production performance

  1. 9,283 Posts.
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    Oldgeo has done some great work on showing SM 71 performance over time as per link below - pictures are his also below. Great to see some very stable production from the field as a whole as per the last graph - the field is really being held up by F#3 which produces ~1,750 BOPD of the ~2,450 BOPD from the field.

    Lets hope the JV put aside their differences and tag a F#5 reentry onto the back of the SM#69 E#2 well BYE have scheduled for sometime in August. In light of the following comment (BYE release dated 23/03/20) i presume the sidetrack would cost substantially less than ~$10M a new well would cost (let alone no mob/demob costs if we can tie onto the back of the E#2 well). Worst case scenario it would be an acceleration well - hopefully flowing more like F#3 than F#1 & F#2 ....

    Screen Shot 2021-07-18 at 11.18.56 am.png
    https://hotcopper.com.au/threads/an...116366/page-112?post_id=54569817#.YPNiKukzbWU

    Oldgeos post from BYE thread - link above

    SM71 FIELD
    F001

    F002

    F003

    SM71 FIELD
 
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