So I was wondering what we might get out of Hwy-71, and ran some numbers from the 20NOV09 AGM presentation.
Target are claiming a total potential for Hwy-71 of 67.5 Bcf of gas and 1.1 MMbbls of condensate (pg 12). Given:
1 boe = 6000 scf gas = 1 bbl condensate
... then I figure:
(67.5 * 1e9 / 6000 = 11.25 MMboe gas) +
(1.1e6 * 1 = 1.1 MMboe condensate) =
12.25 MMboe gross, or 3.0625 MMboe net to TEX.
Page 27 of the AGM presentation describes the Highway 71 potential *recoverable* volume net to TEX as 2.2662 MMboe. This indicates Target are estimating a 2.2662/3.0625 = 74% recovery for the field.
Does anyone know if this is on par for similar fields in the area?
And does anyone have an idea of potential flowrates? I seem to remember an analogue well's rates being posted a while back, but I can't find it.
Add to My Watchlist
What is My Watchlist?