steve graves and ggp, page-50

sanitarium, have a look at GGP threads from last weekend. Someone mentioned 650bpd for well 2 on its own. I do think its very optimistic, but I havent made that assumption in my calcs. I've assumed similar production to well 1 will apply to well 2

my calcs have assummed about 8% month on month decline rate per well. That is certainly something I'd like a bit of feed back on. As for the horizontals, I'm unsure as to what sort of deline rate to apply to them.

I also assume $90 oil price, and its amazing how a small change in the price of oil can dramatically change the calcs.