For context, here is the announcement from 16 February. STX...

For context, here is the announcement from 16 February. STX expects 10-15 mmscf/d from each of W5 and W6.
The latest news at 7 mmscf/d from 35% of net play is right on track.
The beauty of Waylering is not that it is large (it is not). It is that it can be readily monetised with partners sharing 30 mmscf/d for very little development cost.
Annual potential revenue to share is about $35m to $45m. Not enough to declare a dividend but enough to avoid a capital raise, either by incoming cash or the ability to borrow on commercial terms against a cash income stream.
Note the (all but) FID will be after W5 flow test is complete; they are not waiting for W6 to get started. If W5 flows more than 15mmscf/d they may need to up their processing capacity.