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Re: midtieroil post# 142019

Tuesday, 10/21/2008 8:54:19 AM

Tuesday, October 21, 2008 8:54:19 AM

Post# of 361651
To truly understand the exact size and condition of a reservoir could take as long as 5 to 6 years and as many as 30 to 50 wells.

But reservoir engineers can make some fairly accurate guesses as to the minimum amount recoverable on as few as 3 or 4 wells. Obviously as a company produces a zone they begin to understand it more and more.