"Messina clearly states that he expects the steady state production to be boepd at 1,400 and the bopd to be 1,000 bopd.
Maybe this is what is going to happen. This is much smaller than I was hoping and from initial flows it still doesn’t make any sense to me."
That's has surprised me as well. Looking back at previous announcements on each of the 3 wells the initial flow rates indicated far more (combined) than "up to" 1400 boepd.
I wasn't sure if this figure (1400) quoted was what is expected while everything is "run in".
It has been mentioned before that surrounding wells in the area have taken up to 3 months to run in, so as not to compromise the long term viability of the well.
"Messina clearly states that he expects the steady state...
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Last
1.4¢ |
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| Last trade - 15.03pm 29/04/2024 (20 minute delay) ? |
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Change
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| Last updated 10.18am 29/04/2024 ? | |||||
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