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To: thackney

Pretty good production drop


17 posted on 07/02/2013 9:06:51 AM PDT by wild74
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To: wild74

Very steep drop. It is a function of the low permeability of the play, which is why they did the horizontal laterals and multi-stage hydraulic fracturing.

I’ve heard some say “horizontal wells have vertical declines”.

It is the reason that a drop in price, and a drop in drilling, won’t take too long to see significant reductions in total production.


18 posted on 07/02/2013 9:30:32 AM PDT by thackney (life is fragile, handle with prayer)
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