CTP central petroleum limited
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Ann: Palm Valley PV13 Encounters Strong Gas Flows, page-37

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    229 Posts.
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    08/10/18
    19:53
    Post #: 36041381
    You cannot estimate how many vertical wells = one horizontal, it is not 15:1
    Depends on multiple factors such as how many fracture intersected, fracture orientation, which parts drained already. Water incursion will kill a horizontal just as quick as a vertical.
    CTP Price at posting: 15.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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