Range should continue to ramp up slowly but steadily accelerating. The fact it's actually producing gas now is a very good sign considering how badly they stuffed up the pilot design.
I'm not sure Central even realise they extent to which Range's poor performance was due to poor pilot design. If I ran a gas company I'd be lobbing a lowball cash bid at them, getting it for a steal and then developing it properly. It won't ever be as good as Senex's Atlas block and it will be a slow ramp up with fairly low peak gas rates (meaning either a lower TJ/d rate for the field or needing to drill more wells) but I think it'll be profitable with good domestic gas prices.
Add to My Watchlist
What is My Watchlist?
