I should add that while we want the upside of 200BOPD from D&L2, the initial testings will hopefully be at higher rates to allow for declines over time. Remember how that unofficial report described average flows of 230BOPD from D&L1? Well that would be because intially there would have been flows around the 350BOPD mark, and then that declines to find a stable level around the 200BOPD. Over time that would average out to that 230BOPD figure over the two week period that the engineers were recording.
From memory the steady flows of a well decline about 40% from it's initial 24hr testing, so in order to allow for a decline to the 200BOPD figure, we ideally should be hoping for initial flows around the 320BOPD mark on Thursday or Friday. Ofcourse anything above that is a big bonus.
GGE Price at posting:
0.6¢ Sentiment: None Disclosure: Held
