We now have the February gas production from Wolf pack as per below
Some points to consider.
From the March 21 Wolf Pack production announcement we know that for the first month, the production stream was 80% oil and 20% NGl's plus shrunk gas.
To calculate the Feb NGL and shrunk gas production we use the rule of thumb ratio of 140-200 barrels NGL/mmcfg of rich raw gas for the SWISH AOI ( which falls to ~100 BNGL/ mmcfg as production matures).
On extraction of NGl's from the raw gas stream at the gas facility, the gas volume shrinks ~30%.
For the first 2 weeks of flowback in February 2023, apart for producing 14570 barrels of oil, Wolf pack produced 12.212 million cubic feet of rich raw gas.
Processing the raw gas at the facility ( assuming 140BNGL/mmcfg) would deliver 1710 barrels NGL, and shrunk gas volume of 8.54 million CFG (1425 BOE gas)
This means Feb 3 stream production of 14570 ( oil) + 1710 ( NGL) + 1425 ( BOE gas) = 17,705 BOE
But, if the Feb 3 stream flow was 20% like for the first month of production, the extracted NGL'swould need to be closer to 2200 barrels (180 BNGL/ mmcfg)
So the Feb 3 stream production should have been in the range 17700-18200 BOE
What a great start to what is shaping up to be a very, very good well for BRK!
Cheers
Dan
BRK Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
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