Did anybody notice BPT/COE new Parson well that started production a few days ago at 2,640 bopd? This is in the cooper basin - same as INP's flax field.
http://www.scandoil.com/moxie-bm2/by_province/australia/cooper-begins-production-at-parsons.shtml
The reserves for the Parson field are 1.4 MMBOE recoverable this compares to INP's flax recovable reserves of about 30 MMBOE - however we are only expected to flow 1000 bopd from 6 flax wells once eveything is fully developed?? so no more than 200 bopd per well.
So what is going on? you would think ,higher reserves would translate to higher flowrates? I am not a reservoir engineer. Does anyone have any thoughts? Is anybody questioning INP's estimate of total recoverable reserves?
flowrates
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