They sure have, they're bargain basement at the moment. I expect when they let this well go into sales lines you'll see what its capable of. They only perforated 20% of the pay and flowed that heavily restricted through a choke. Its heavily choked back as reservoir pressure is over 11,6500psi and casing pressure of 9000psi and a flowing pressure of 6300psi. That's a high pressure hole and they don't want to over produce and damage the reservoir. The higher the pressure the better the draw to the well and the higher the GOR the more likely you'll get good % oil recovery. This well has only started to show what its capable of. I'm expecting the next release related to initial production from the field to contain information on appraisal of this discovery. We'll get more test information from the other zones too. Having oil production from onshore US is very economic, but gas prices are now improving too.
Captain Nelson Forties
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