CE1 1.92% 12.8¢ calima energy limited

Ann: Brooks 2 well Drilling Program to Commence, page-73

  1. 1,577 Posts.
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    calima use the term 'peak' in their previous announcement
    but its not clear what period they were referring to

    peak day, peak for a month or IP30, or IP90

    the numbers is used for that calc are pretty much based off IP90...so 3 months at least

    to look at what daily peaks might be, best to look at the squirt curves...

    so we know sunburst ip90 is 139 oil, which over 90 days would be 12.510 mbbl
    so sunburst production near IP90 for a long time, almost 6 mths...dont squirt so much but slow decline
    and 'peak' per day at about 170 or 170/139=122% IP90

    so 2 wells peak day about 340 bbl, just oil

    or from previous post
    IP90 oil and gas about 175
    so 2 wells peak day 175*1.22 = 215 x 2 wells = 430 boepd

    note i included only 300 boepd in the >6000 for 3-6 months calc, should have been 2 x 175 = 350 boepd
    https://hotcopper.com.au/data/attachments/3995/3995587-47725eb8a86106412c8c1b47de6e04fc.jpg


 
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