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Hi boysy1,I just took a look at the BOEM data too. Below are the...

  1. OldGeo
    1,584 Posts.
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    06/01/22
    09:12
    Post #: 58672028
    Hi boysy1,
    I just took a look at the BOEM data too. Below are the current production curves for G001 and G002. Water drive support in G002 appears to have kicked in around April 2021 with a commensurate, be it delayed, increase in oil rate around August 2021. As you say, G001 continues to decline.

    https://hotcopper.com.au/data/attachments/3951/3951229-0386531865803d559510ea58c76a73dd.jpg
    https://hotcopper.com.au/data/attachments/3951/3951233-6e9287a3070af09c78c17cd98a05a08a.jpg

    https://hotcopper.com.au/data/attachments/3951/3951218-9c2453fe99cf09bd2bd363b11feee117.jpg
    https://hotcopper.com.au/data/attachments/3951/3951224-e550ef09a3b6e1e1dd15304ad61fed0b.jpg

    SM073 E002 data below.

    https://hotcopper.com.au/data/attachments/3951/3951291-760083c722f24b497ed84a4ccfbb8c2e.jpg
    Kind regards OldGeo
    BYE Price at posting: 12.0¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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