As you say Psi'an economic flow rate is an economic flow...

As you say Psi

'an economic flow rate is an economic flow rate'

And when gas prices are set to double in a few years the commercial return is only going to improve.

Quite a few of the wells around Moranbah are using laterals and they also wouldn't hold a candle to the top csg wells around Fairview or in the Walloon Fairway. And yet MGP is one of the largest csg fields in Qld.

Something that would be helping WCL keep the cost per well down is the fact they own their drilling rig. I'm not sure how much that saves them, but it must be in the order of several hundred thousand per well.

It will be interesting to see what first three up dip wells can produce for less cost. Also the hopefully the gas lift concept helps reduce the need for repeated pump changes and workovers.

Chrs