If they stop drilling new wells the production will start to decline fairly quickly.
Depletion rates on unconventional wells are huge.
The well starts off with high pressure and hence high daily flow rates but within 2 months these rates quickly drop and continue to decline to a much lower stable rate which then also eventually drops to uneconomic levels.
- Forums
- ASX - By Stock
- BPT
- Oil & Gas for dummies
Oil & Gas for dummies, page-46
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BPT (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.55 |
Change
0.015(0.98%) |
Mkt cap ! $3.547B |
Open | High | Low | Value | Volume |
$1.55 | $1.57 | $1.53 | $5.965M | 3.849M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
40 | 23223 | $1.55 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.56 | 118948 | 41 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
42 | 31421 | 1.550 |
27 | 115748 | 1.545 |
19 | 193646 | 1.540 |
9 | 146392 | 1.535 |
17 | 232098 | 1.530 |
Price($) | Vol. | No. |
---|---|---|
1.555 | 118948 | 41 |
1.560 | 203362 | 23 |
1.565 | 217496 | 15 |
1.570 | 568282 | 22 |
1.575 | 53127 | 4 |
Last trade - 14.57pm 15/07/2024 (20 minute delay) ? |
Featured News
BPT (ASX) Chart |
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online