Hi mate
The horizontal well’s don’t have pump jacks as yet as production rates are still sufficient under natural flow.
Not sure why they have a Jack already for Juanita . The production testing they conducted may possibly have shown they would need to install one fairly soon after production started, so rather than shutting in the well to install one , they may have decided to start with one for the get go.
The Jack may also be used to constrain the well flow to maximise the EUR , but it might be best to pose the question on the Investor Hub as I may be way off the mark.
Cheers
Dan
Ann: Commercial Oil Production from Juanita Well, page-36
Add BRK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $50.11M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $23.05K | 2.183M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 44 | 25833994 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 54460586 | 48 |
| Last trade - 13.57pm 15/10/2024 (20 minute delay) ? |
| BRK (ASX) Chart |
Day chart unavailable