The mind boggles, as good as SG was at Orchard the reverse happens here under different circumstances.
I am amazed at at the difference in flowrates from GGPs wells compared to its neighbours, even with Haliburtun onboard to tune them up. One can ask are we in a bad area of the Permian but I doubt it. The Wolfcamp alone should deliver better than the Sprayberry and the Deans but what can you then say of the Cline to the rest, as a VERT basis.
#s 1 & 2 are into the Cline comingled with the others but from where I sit at the moment it doesn't look much better than the #s 3 & 4 wells. WHY.????? Whats going on. Should be at least 100/day from all these intervals.
GGP Price at posting:
7.5¢ Sentiment: Hold Disclosure: Held