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Re: specman post# 1264

Wednesday, 11/28/2018 2:05:35 PM

Wednesday, November 28, 2018 2:05:35 PM

Post# of 7904
That’s a no brainer. Close-ology is not geology. But the W&T wells do give a snap shot of the economic Potiential. Because of the success at W&T and others this is now a proven reserve.
Of course there are geological/or operational reasons Tau could be not as good or worse. You shouldn’t use W&T’s success to say that 100% without doubt what Tau will do but don’t throw the baby out with the bath water either. If I personally was going to drill in any area and I could get my hands on the logs from producing wells in the same strata, you can guarantee I want that information. Doesn’t mean that’s the only info I’m banking on. But it does give me an idea of what economic Potiential I’m looking at should I find what I’m looking for. It’s good info but not definitive.