Another interpretation I've derived from those figures
- if getting ~6bcf/well, then that means gas flow is close to the minimum case and they will be drilling around 10 wells only
- if around 9bcf/well, then gas flow is mid case and will drill around 50
- if getting around 13bcf, the gas flow is the max case and will drill around 230 wells. but it's impossible since we have only 2000 ha and can drill only upto 67wells using the 30ha spacing. Therefore we need more payzone from somewhere else (Leadville and below?) and we need to get 45bcf per well to get 3tcf from 67 wells. 45 / 30ha = 1.5bcf/ha and since we used 12mcf/ha-m, that means we need around 125m of payzone to get 3TCF.
just a thought.
--------------- Recovery Factor:
minimum, 5,600 MCF/ha-m; most likely, 8,000 MCF/ha-m plus 20 bbl liquids/MMCF; maximum, 12,000 MCF/ha-m plus 30 bbl liquids/MMCF.
Recoverable Reservoir Potential: Based on size, average reservoir, thickness and recovery factor,
the low case is 50 BCF; most likely case is 440 BCF; high side case is 3,000 BCF (or 3 TCF).
