what will monday bring?, page-34

Cheers Wiley.

Got the actual numbers for recent production from the TRRC portal. Quik summary below.

Feb 2010:
- 4722 oil wells.
- Out of which, 4275 were oil producers, rest were injectors &/or shut-in. (Does not include gas wells)
- Monthly flowrate for Reagan county: 540,413 bbls of Oil
- Avg monthly flowrate: 540413/4275 = 159 bopd

Sep'10: 681,380 bbls frm 4275 oilwells, Avg: 132 bopd

Feb'11: 660,443 bbls frm 4268 wells. Avg 155 bopd

Sep'11: 4414 wells, flowrate n/a on website yet.

Broad Oak Energy, Pioneer & Apache r this years top 3 oil producers in Reagan county (avg 1 mmbbls in 7 months ending July + gas etc). Apache paid 3.1 bil for BP's Permian Basin assets which produced 15110 bopd + 81 MMcfd recently). Most of these r at a 40 acre spacing.

Look fwd to the big red trucks frm H'burton fraccing the first well in 3 weeks time.

Initial flowrates will b interesting, depending on shut-in time, reservoir pressure etc. By then well#8 should b at TD.