InvestorsHub Logo
Followers 0
Posts 248
Boards Moderated 0
Alias Born 06/30/2015

Re: reaper247 post# 3404

Sunday, 12/20/2015 5:22:08 PM

Sunday, December 20, 2015 5:22:08 PM

Post# of 4188
Sooo,

You believe that an almost 9000 ft. vertical, with four laterals fully completed in June has produced those numbers at full production?

Absolutely not, I believe the public records because that's all I have. According to public records the wells is a 8600 ft vertical with a single stage frac. Why do you think there are any laterals in this well?



Do you think it is possible that in the wake of a volatile market, that well may have been largely choked off and only allowed to produce enough to that hold acreage by production until prices recover?


It's possible that the pump is run intermittently. Pumping wells are sometimes choked, but not to limit production. Better to cycle the pump. However, experience and judgement tells me that this well is producing near capacity. I said it was a guess, whats yours?


There are variables in your equation that neither one of us are in a position to speculate about.

I think you meant to say equations

You are not in a position to speculate. Decades of proven experience in estimating future production says I am.

You don't bring enough information to the table to even have this debate.

That's your opinion, not an informed one, but an opinion.

Again, "Your wrong," but nothing of substance.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.