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Re: Willy post# 7225

Thursday, 07/07/2011 4:03:42 PM

Thursday, July 07, 2011 4:03:42 PM

Post# of 31724
And the wells were shut in because it was no longer profitable, I agree with Willy on they were probably producing less at the end of their production, maybe 100 bpd was more of a highlight. Second, technology to separate oil from saltwater wasn't cost efficient back then, the pumps needed rework, and now they have lastest oil extraction technology to increase output.