MEL 25.0% 0.3¢ metgasco ltd

el & c baillieu , page-14

  1. 6,314 Posts.
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    3MM is easily commercial as a conventional well this close to a market but as I said above, it almost certainly won't be sustainable from a fractured reservoir.

    Once the fractures empty the rate will drop. Note that MEL didn't say the EXTENDED production test rate was 3MMscfd.

    Also note that it only flowed 3MM from a 7m test interval. Most of the 138m of gas-charged sands will be tight gas sands.
 
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