I believe that from looking at SONRIS (Well Serial # 240069) this well has been completed 12/5/09 but I'm not sure. My question is how long after completion should we expect to wait for any royalty payments to start showing up?

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Hi all! Just thought I would touch base to see if anyone has any new information on #240069? Thought by now we might be seeing some of that mail box money everyone keeps talking about!
Per Sonris, Serial #240069 was completed in July...
COMPLETED 7-26-10; GAS; HAYNESVILLE RA; 15,207 MCFD; 22/64 CHOKE; 5977# FP; PERFS 11,529-15,885' MD
Looks like mail box money should be on its way to you soon!
In a previous post someone said about this well, "I expect it to be a good one north of 25 Mmcf per day." I'm guessing that the last string of data above refers to this well's production rate, but closest acronym to "mmcf" I see is "15,207 MCFD" -- is that considered a "good" rate of output? We're not leased yet so am wondering if this preliminary data puts us in a better/worse place than before the well was drilled if we were going to lease?
It's a good but average Haynesville horizontal, Beth. Wells with Initial Production of 25.0 MMcfd or greater are still relatively rare.
Thanks, Skip...
To help you out a little Beth.... mcfd = thousand cubic feet per day and mmcfd is millions cubic feet per day. So 15,207 mcfd is also 15.2 mmcfd. Hope that helps!
It does! Thank you for clearing that up for me...Maybe this is more technical than anything I'm ever likely to understand, but when folks are looking at the productivity of a well, I'm guessing that the "choke" referred to is a factor...I'm interpreting "choke" rather literally assuming that means a control on how fast/slow the gas is extracted (is that even close)? So is that somehow factored into calculating the (m)mcfd? Again I'm assuming that a "tighter" choke would reduce the rate of extraction and vice versa so would be a factor -- maybe I've got that totally wrong...? (Should have started my question with "what does 'choke' mean, huh?)
You got it! The choke increasing would mean a higher well flow. So a 16/64 choke is lower and has less flow on the same well than if they were to increase the flow to a 48/64 choke. Some wells perform better over the long term if you hold the flow down (lower choke) rather than flowing it wide open (higher choke).
Just an update - Received, signed and returned Division order 2 weeks ago!

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