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Big Mur

08/06/08 8:47 AM

#38288 RE: onco #38287

Huge difference that once again, is being forgotten....

Previous wells were all on mature, established leases.

With the recent two wells, they really have very little in common with the previous wells, and it is UNreasonable to expect the recent wells to behave like earlier wells. The earlier two wells being mentioned... they're typical wells for their areas for the most part.

We already know the Collins is NOT typical, but above average, even for a virgin lease, or lands not previously developed for producing oil/gas in SE Kansas. The Weseloh is perhaps a little closer to the normal, virgin lease-type of SE Kansas well... but it's still far and above what a well on a muture lease can do, and will do it for much longer.

Some of these mature leases have been producing oil for several decades by now.

The previously undeveloped leases where the Collins, Weseloh and Driskell sites are located, had not previously been producing any oil/gas. That's why they still have all these natural pressures, and quantities of oil and gas.

It's counter productive to try to compare wells on mature leases with wells on undeveloped leases... they really are two completely different situations.

The conversation about the "last two" wells started out comparing the way the information about them was handled, and as usual, it magically turned into a discussion comparing the wells themselves...

Apples and oranges... not comparable.


DON'T BLINK!!!!