With an independent reserve report at Rayburn supposedly due sometime this quarter, just interested if anyone has calculated/ made their own guesstimate? (I think I've seen 250-300 bcf thrown out there by a couple of people previously) Interested in peoples thoughts here...
Would anybody be able to advise an approximate distance between infill wells if they begin to do infill drilling between existing successful wells? I have no clue as to distances... but given that only a couple more wells are due this quarter prior to the preliminary reserve report, I'm assuming this means that they calculate figures based on potential wells between existing discoveries and current knowledge of field boundaries?
(e.g. Duncan 1 and Duncan 3 are approx 800m apart, does this mean that they can drill 1 more well between them, or say 3 more wells at 200m spacings between them? etc - I'm assuming that is how they determine reserves at this stage? as well as considering the rate of decline in flowrates)
Sorry for all the questions - learning...
guesstimating reserve figures
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