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ctb

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ctb

Re: mrditbme post# 16527

Tuesday, 01/09/2007 11:54:28 AM

Tuesday, January 09, 2007 11:54:28 AM

Post# of 44006
NEWARK, EAST (BARNETT SHALE)
MURPHY, VIVIAN 1 30322 713 bbls, 62000 mcf

These are prorated monthly numbers (allowable numbers) right - not actual numbers? Just to make sure I'm understanding this.


prorated well

1. n. [Well Testing] ID: 8141

A well in which the maximum production rate is fixed by law. These laws were developed by producing states primarily to control the market and avoid periodic price collapses.

http://www.glossary.oilfield.slb.com/Display.cfm?Term=prorated%20well

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