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

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Permalink Reply by The_Baron on April 13, 2009 at 3:21
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.
Permalink Reply by Mike Tomlin on April 13, 2009 at 3:51
Thank You

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