GGP 0.00% 0.6¢ golden gate petroleum ltd

Ann: Half Yearly Report and Accounts , page-9

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  1. 8,862 Posts.
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    Hi Lukeben,

    From what I understand is each well is different and probably depends on the wells pressure from inside how much it flows at.

    That said didnt #1 and 2 flow oil to the surface while it unloaded the frac fluid used which is unusual for a well to do. Depends also on how much frac fluid used in its operations.

    Back to 1 and 2, look what 1 initially flowed because of this pressure in the well. #2 they thought was the equal or better of that of #1. one would think that with the Cline shut in for so long the pressure would still be there. Look at the production figures for the short time they both flowed with testing to 3 and 4 in comparison.

    I think that there is plenty of room to say that from these 1 and 2 wells, that there should be reasonable flowrates.

    Hmmmm, #5 the mystery well as we cant guage what it will or cant do as per flow. Guess hopefully 500+/day.

    Strikemedead, as to your we have no control of the Jv wells we are in. So true . Look at the EFS wells with June and July completions and still not flowing. Trouble not being the operator of the wells. Both 600/1300 or so per day but 10% WI is still good for the books when they flow.
 
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