got to thinking about this before Xmas but never got a chance to post before now.
After the 2016 AGM, rperss99 posted the following on the 11/11/16 12.21pm under the heading "Notes from the AGM".....
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So around mid Nov 2016 Klebb was supposedly pumping a combined 1,400 barrels of water per day!
Within the last Cooper Operations update (last week), we get the following from STX.....
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We know from the now "infamous" Chairmans AGM Addresss graph (below) that STX are "planning" to see less water pumped as the gas increases - these two (ie gas & water) should by rights correlate - yes/no??
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We can't guess how much additional gas they may be seeing because we don't have a beginning gas production reference figure! BUT, can we determine (from rough calculation) the approximate increase in likely gas production as a percentage using the equivalent reduction in water rates???
Who would like to guess by looking at the chart above??? That's assuming the reduction in water rates is entirely due to increased gas and nothing else - a BIG "if "....
Or am I entirely misguided?
HC
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- less water maybe more gas?
got to thinking about this before Xmas but never got a chance to...
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