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24/08/10
00:13
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and you'ld be lucky to get 500boepd, and I'd say you need to have a look at some shale oil production curves to get your head around decline rates.
not 1000-2000bopd, they are around IP rates for Niobrara...and may last a month at best.
then you need to look at EUR for longer term recovery.
$$N has EUR at 413,000 per well est.
I believe, as in the Bakken this will climb, and we can expect some EUR upgrades from EOG soon.
Niobrara is not producing like the Bakken and may not.
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