Is LAR on a leash?, page-7

DJ the solution is in your hands you either trust that the Geos at the site are doing is the best for the long term future of the well or you don't, its that simple , if you don't then its best you bail.
If you don't read , understand or believe in what the updates say then there is no point in giving updates and is probably why they don't give many, the ball is in your court.

There is absolutely no economic sense in operating a well below its capacity without a good reason but I doubt they will push their luck untill #5 flows.

The gas issue is something that has increased since the start of production so has changed their thinking somewhat



"The well continues to produce from natural reservoir pressure without the need for a submersible pump to assist flow rates, which is usually required for producing these carbonate reservoirs. The well production plan is to continue increasing the choke over a period of time to establish the optimal production rate for this producing carbonate section. The Operator estimated that following the initial flow testing program in June/July 2013 this producing 6 foot C17 carbonate section (2846-2852ft) could produce in excess of 1,000 bopd on an open choke based on the flow rates recorded to date on various choke sizes up to 32/64ths, together with the downhole and well head pressures data from this zone. But this will not be undertaken as it is likely to damage the reservoir and inhibit the zones long term production potential. "

They have also stated but I haven't time to find the reference that the are waiting for the gas pressures to subside to allow better oil production and that they will increase the rate over time, they have never stated what that time frame may be.
They are also waiting for the gas pressure to ease so thy can perforate the 6' section above which has better log results than the one they are currently producing from and would likely give a good boost to production.

This zone is producing 170 BOPD under its own pressure and with no water, enjoy and hope they make another increase soon.

Cheers Whisky