With gas / condensate together you need to run high psi to get the condensate to flow. simply going to bigger choke will not only in most situations cause less condensate flow, but can be initally be very dangerous with pressure kicks. which is one reason testing is taking so long and they are being so cautios. Its much more dangerous then throwing a big choke on a dry gas well.
To move to the next interval they have to concrete this one, so its understadable why they want to thouroughly test it on a range of chokes and take the time to let each choke stabilise, rather then constantly shutting off and re-opening.
The longer these guys take on this the more it is likely to be commercial. The costs of playing aimlessly with non commercial intervals is not worth it. If they thought this was non commercial interval they clearly would have cemented it in and moved somewhere else in the 300ft of potential pay. People are seeing this as a negative. They are wrong or have no knowledge of how it all works.
There is still a big chance this intervall is good and there is a much biggger chance one of the 5 other zones over the other 290ft is even better. Especially up around the primary target of oil.
GGP Price at posting:
3.9¢ Sentiment: ST Buy Disclosure: Held
