FDM freedom oil and gas ltd

April production - 1281 bopd220 bopd (21%) increase over...

  1. 5,279 Posts.
    April production - 1281 bopd

    220 bopd (21%) increase over previous month.

    Considering the extra rigs due and growth rate over previous 6 months, May should increase by about 320bopd considering May is a 31 day month.

    a)May development well total = 1281 + 320 = 1601bopd

    b)May high impact wells:
    - 'W Shenck #116 - Swab >100bopd. On pump = say 150bopd average for month.
    - Gross #185 - Cored and Logged = No idea bopd


    TOTAL MAY PRODUCTION = 1601bopd + 150bopd = 1751bopd minimum

    Before the naysayer say nay. Think back a few days. Who expected as much as 1196bopd average for 28 days in April?

    The company is now exceeding expectations. Thx


 
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