interpret well results
Open stk. Oil. Gas. Disp. Closing stk.
52 1174 108 1163 63
190 779 18 917 52
167 618 0 595 190
290 1803 970 1926 167
249 1955 1864 1914 290
291 1814 2587 1856 249
329 1833 945 1871 291
119 1675 0 1465 329
182 2487 0 2550 119
What does Opening Stk, closing stk and disposition mean? And what is their significance in interpreting well results?
Thanks.
--MT
52 1174 108 1163 63
190 779 18 917 52
167 618 0 595 190
290 1803 970 1926 167
249 1955 1864 1914 290
291 1814 2587 1856 249
329 1833 945 1871 291
119 1675 0 1465 329
182 2487 0 2550 119
What does Opening Stk, closing stk and disposition mean? And what is their significance in interpreting well results?
Thanks.
--MT
Views: 21
Replies to This Discussion
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Permalink Reply by The_Baron on -
Open Stock: How much oil is in the tanks on location at the begining of the reporting period.
Closing stock: How much oil is in the tanks at the end of the period.
Disposition: OIl Sold
Open Stock + production - disposition = closing stock
Keep in mind they could also be tracking condensate in the oil column on SONRIS. A well may not produce enough to sell each month.
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Permalink Reply by Mike Tomlin on
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Thank You
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