Well done all - a phenomenal result from our 1st well of 20!
The Jewell Well reached a peak rate (IP24) of ~1,800 BOE per day (75% liquids, 25% gas). Independent of this IP24 rate, a peak oil rate of 973 barrels per day and a peak rich gas rate of 3,959 Mcf per day were also achieved.
Importantly, the well achieved an IP30 of 1,604 BOE per day (30-day average), within a period of measurement covering a combination of production rate growth followed by steady production. This sustained rate is significantly above our pre-drill estimates for the Jewell Well’s IP30.
Daily production is now steady at ~1,630 BOE per day, 74% liquids (830 bbls oil, 376 bbls NGL’s).
Well done all - a phenomenal result from our 1st well of 20!The...
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