sell side, page-70

sry buc mate, didn't see your reply

EUR means the company expects this amount of oil or oil equivalent to be actually produced over the life of the well- until "uneconomic"

so curently we are talking IP, or things like 90 day and 6 months production.

the only reason these are relevent is "pay back time" and IP and 6 month total production can be a good indicator of well econonmics.

ultimately though, even when IP subsides as it does and rates slow, OVERALL recovery over given time is more important in the long term.

this is when you should consider EUR, especially for high IP and initial production shales that drop off dramatically in the first 2 months.


If you are working bbls on short term production figures, then you wil be dissappointed

EUR is key longer term. Early production rates are key for well payback metrics, meaning we can develop more wells faster....

as long as we keep drilling at a rate of knots, and as talked about earlier the ORRI only adds a massive free bonus that I believe the genernal market fails to understand or recognise in the SP.