CTP central petroleum limited
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PsiI'll ask a real gumby question of you. If JW-1 was 100bopd...

  1. will2rob
    514 Posts.
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    01/10/10
    11:55
    Post #: 7268534
    Psi

    I'll ask a real gumby question of you. If JW-1 was 100bopd and they ended up finding and drilling multiple wells in the same oil field each producing 100bopd, isn't that nearly as good as one well producing 500bopd? Or if they are drilling multiple wells in the same formation, what are the chances that each well will produce the same bopd? Is it more likely that they will produce at different rates?
    CTP Price at posting: 46.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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