landowner

Opinion or Guesstimate of EUR of well?

If a well produced 3,361,321 for the first 24 months production, what would be a reasonable guess as to what the EUR for the well would be?

Thanks,

Bobi

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landownerPermalink Reply by Spring Branch,mineral owner on February 24, 2012 at 17:09

Les, Dion, I wouild like you both to take a look at another well and estimate the EUR for the well.  The Serial # of the Sample 32 well is #239987.  I estimate that the well has an EUR approaching 20 BCF, and I'd like your thoughts on the subject.  At 12 months, the well produced 4,352,864 mcf.  At 24 months the well had produced 7,007,099 mcf and in the 24th month it still produced 174,038 mcf.  It clearly hasn't been produced on a restricted choke, but in spite of that, has held up quite well.  Your thoughts?  I trust that Arthur Berman is wrong about this well and hope it doesn't sink into a black hole.


Oil & Gas ProPermalink Reply by Les Bamburg on February 24, 2012 at 18:15

SB, I would concur this well should have an EUR close to 20 Bcf.  Petrohawk seemed to have shifted the well to their restricted choke program in the 2nd Qtr of 2010 as shown by the smaller choke size. 


landownerPermalink Reply by Spring Branch,mineral owner on February 25, 2012 at 7:47

Thanks, Les.


landownerPermalink Reply by essay on February 24, 2012 at 8:20

"your well is about to spontaneously collapse into a black hole"

haha.


landownerPermalink Reply by Hopeful About Natural Gas on February 24, 2012 at 19:57

Tomorrow's Headline ... Fracking Causes Black Hole

Permalink Reply by DrWAVeSport Cd1 on February 27, 2012 at 5:19

HANG, Essay,

LOL.  Thanks for the great Monday Morning "Myths Of The Day."

That's funny!

DrWAVeSport Cd1 2/27/2012

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