SALES VOLUMES:
2Q 2019 235,000 BARRELS Includes production from new wells
3Q 2019 198,000
4Q 2019 208,000
1Q 2020 170,000
2Q 2020 66,000 Covid/Poor Oil Price sales intentionally held back
3Q 2020 143,000 Included held over production from previous Q
4Q 2020 125,000
1Q 2021 99,000
2Q 2021 109,000
3Q 2021 104,000
4Q 2021 ?
See a trend?
Most of the 2016 Encanna wells would be slowing to a trickle now. If there are say 30 producing wells at 100,000 B/Quarter, on average each well is producing 37 barrels each day. If you took out the two excellent new wells I'd suggest some are past their use by date. Oil prices are now starting to help but production depletion now appears as an enemy.
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