Note: the pressure figures may have been static pressures at the well head choke (7 and 56 PSI) not ‘differential pressures’ so my assumption of 50-60PSI may be incorrect. These pcp pumps typically in shallow wells can provide 500-1500PSI diff pressure. A reduction in S.G. the fluid of 0.15 (assuming .85 for oil compared to say 1.0 fir oil+cleanup fluid) will reduce column head by only 216PSI a lot more than 60 PSI but less than 500PSI which may be the pcp duty point. I guess we will find out in a month. None of these tech details have been disclosed by co at this point in time.
MAY Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
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