Spacing is on par with original plan, using ~40m spacing. Probably too tight for dev in gas. >25% in proppant is in line with using all the proppant that was already there for 6,000m when <4,700m is available. This is an accidental coup - going heavy on proppant always faces resistance.
Another thing that faces resistance is high pumping rates. By design, all these pumpers would have been in place to zipper as per standard practice with solid rates. Having the toe of 3H not onlapped onto 4H provides a lack of disincentive to experiment with very high rates long the toe of 3H and will inform future frac design in a way that no accountant would have supported.
I'm surprised they rigged in that far in advance. Spread will be full of spiders and since added snakes.
My original thought was 14-16 days of pumping with the possibility of 2-5 days of slack due to new ops in Aus. Call that 16-20 days of active pumping. Add some soak before flowback and testing and it gets pretty variable. I still don't anticipate anything released before Q1 company report. So, end of Q1 reporting is our next public release is my guess.
TBN Price at posting:
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