decline rates

There has been a lot of discussion on decline rates in the wolfcamp area so I have been doing a little research.
In the Anteres presentation (linc at bottom) page 16 shows the following annual effective decline rates (per Antares presentation)
year, %

1 73%
2 30%
3 19%
4 14%
5 11%
6 9%
7 8%
8 7%
9 6%
10 6%

GGP Equivalent starting at
400 boepd and taken to the
end of each year.
year, boepd

1 108 boepd
2 76
3 61
4 52
5 46
6 42
7 39
8 36
9 33
10 31

Pioneer Natural Resources had 75% decline rate in the first year. If our wells were to follow the same track our first well would average 254 boepd in the first year or gross $9,271,000 at a %100 oil (less 25& royal.)
By my rough calculations this well could pay for itself in under 2 months if it starts near 400 boepd.
Bring it on Cheers Whisky
http://www.asx.com.au/asxpdf/20111129/pdf/422wsbrwdxh4b8.pdf