They posted the results for Luna-1 in Sugerloaf this morning....

They posted the results for Luna-1 in Sugerloaf this morning. Yet another nice well :)

"The following data is a recently recorded daily production rate from the Luna-1H well:
Gas Production Rate (mscf/d): 1,859
Condensate Production Rate (bbls/d): 690
Average Daily Equivalent Gas Rate (mscfe/d)*: 10,604
Average Daily Equivalent Oil Rate (boe/d)*: 884"


Also interesting, was this tidbit in the announcment. Hillcorp are upgrading the wet gas facility and pipeline, expected online at the end of the year. Nice to see them not just planning ahead for next years drilling program, but actually doing the prep. Curious what production limits they're going to hit.

"In addition, due to the number of additional wells now on production, the operator Hilcorp Energy (?Hilcorp?) is installing a new dedicated wet gas pipeline and centralized processing facilities with sufficient capacity to meet the anticipated increases in produced volumes for the next phase of development. This new infrastructure is expected to be commissioned around the end of the year and there may be some production limitations until this time."