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Friday, March 11, 2011 8:21:53 PM
In addition to normal decline, producing leases are disappearing out of the BDGR inventory and showing up on other company's inventory. The latest was 25 producing wells on the NOEL ESTATE "A" lease which now belongs to J. KIRIN OIL & GAS LLC. effective 02/01/11.
http://sonlite.dnr.state.la.us/sundown/cart_prod/cart_con_wellinfo2?p_wsn=33909%20
I don't remember the company telling us about this. Towards the end of last year they had disposed of a bunch more and I posted it here as well.
In other words, February numbers probably will be lower still.
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