Replies to post #29404 on Allied Energy Corp (AGYP)

[pepeoil]

Hey man, wells in a water driver reservoir water out after depletion. It is VERY UNCOMMON for wells to make thousands of bbls of salt water. They are know as watered out and depleted. Very few that move that volume of water are economic

[DD_Checker]

GOOD REMINDER!!

SALT WATER: Oil & gas wells have a lot more to them than just oil or gas. They typically also contain saltwater. As wells age, the amount of excess water in the mix can increase significantly. The water cut is the ratio of water produced compared to the volume of total liquids produced from an oil well. For example, if a well makes 200 barrels of oil per day and 4,000 barrels of water per day, the water cut would be 95%. It's a known fact that there would be more saltwater than oil.

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