a real calcuation:only middle wilcoxD1-D2: 1380 mD1-GF1: 442...

a real calcuation:
only middle wilcox

D1-D2: 1380 m
D1-GF1: 442 m
GF1-D2: 1449 m (calc with pythagoras)
premiss:
26% porosity, guf coast texas average at 12.000 ft
372 bar pressure, calculated for 12.000 ft depth

conservative: 281,94 m thickness of gas-intervall
(from d1-d2, d1: 11.500 - 12.650 / d2: 11.500 - 12.200 ft)

optimistic: 351 m thickness of gas-intervall
(from d1-d2, d1: 11.500 - 12.650 / d2: 11.500 - 12.650 ft)

1.now you can calc the cubic metre soil, think on a prism with a triangle as bottom (one possibility for the formation)
2. with the porosity you can calc the free-fluid-space
3. don`t forget the saturation....

65% gas-saturation:
conservative: 133,43 bcf
optimistic: 166,11 bcf

5% condensate saturation:
conservative: 7,03 mbbls
optimistic: 8,75 mbbls

only middle wilcox, this is in my opinion a minimum calcuation, because the discovery (field) is more than a "triangle"-formation

they compare the gas-flow with 10 mmcfd, if you think on a production of 5 mmcfd and 200 barrels of condensate per day from each well, you wil get:

5.000* 6 usd(average gas-price)*365 days= 10.950.000 usd p.a. from 1 well, 3 wells = 32.850.000 p.a. gas sales
200 barrel cond. * 80 usd *365= 5.840.000 per well p.a., 3 wells: 17.520.000 usd p.a.

complete production per 3 wels in 365 days:
32.850.000 + 17.520.000 = 50.370.000 usd

strikes net-share is 17%:
8.562.900 p.a. ....strike talks in their ann's from 20 mio. revenue for the financial year 2008....together with mesquite we have with this calc a yearly revenue from ca. 17 mio. usd ......so in my opinion, the truth isn' t far away.....

but htis was middle wilco with the large structure.....lower wilcox has a very large structure.....whats down there....?!?!? this is the real question......lower wilcox is commercial (at a low rate of 0,5 mmcfd).....but they are looking for a sweet spot......