G1 flow rate still increasing slowly while still producing considerable gas .
As the gas cap continues to depressurise then the oil production rate should reach a maximum then go on a slow normal decline .
We should remember that phenomena when we are evaluating the two current wells because the initial flows are likely to be mainly gas then later becoming oil dominant as the experts at BYE have already shadowed .
Financially what a well does over its productive life is what matters .
BYE produces from its wells in a logical commercial fashion , producing from the reservoirs in an industry best practice way .
That means in some cases not producing first from the reservoir that they think would give the biggest oil flow rate just to give the share price a Sugar hit .
I look forward to the production from the primary production zone in
G5 that does not need an expensive drilling rig to bring on line , with most of the completion costs already paid for .
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- Ann: SM58 G6 BP01 Well Logs Pay in the L2 and N2 Sands
Ann: SM58 G6 BP01 Well Logs Pay in the L2 and N2 Sands, page-87
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