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yes they come on strong and then settle

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catdaddyrt Member Level  Friday, 01/16/15 11:09:20 AM
Re: DocLevi post# 55
Post # of 97 
yes they come on strong and then settle into a consistent production rate after 8-12 months so to keep increasing production they have to drill like crazy - same thing in a NG zone about 75 miles south of where I live - can't keep numbers looking good without drilling but eventually with no drilling you will settle into a steady production rate but it will not impress the management that always wants to be pushing numbers around- I like this trust because it seems to have bottomed out and should start going up when the oil prices recover -meanwhile you get the divi

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