Replies to This Discussion

Permalink Reply by B Kenner on March 25, 2013 at 9:15

This sounds wonderful !!! Thanks for the info.

 

Permalink Reply by Land Rat on March 25, 2013 at 11:41

ha, they'll only have to keep production like that up for two years to pay for those wells....

Permalink Reply by B Kenner on April 19, 2013 at 4:36

Has anyone seen a report on the February production on these wells?

Permalink Reply by obed w odom on April 19, 2013 at 4:43

Brenda, as of a few minutes ago, production had not been reported for February for the BML and Doles, but I would expect it to be reported soon.

Permalink Reply by B Kenner on April 19, 2013 at 4:53

Thank you Obed.  When you see that it post please let me know.  Have a blessed day.

 

Permalink Reply by tony allen on April 19, 2013 at 11:18

I spoke with the DNR production audit and they are allowed 60 days to report.

Permalink Reply by obed w odom on April 23, 2013 at 18:11

February production, as reported by SONRIS Lite, for the BML plus Doles: 10,728 barrels oil (condensate?), or 383 BOPD; and 98,345 MCF of gas, or 3512 MCFD. The oil figures indicate a 33% decline in BOPD from January, and the gas figures indicate an 11.7% decline in MCFD from January. Let's hope the decline is hyperbolic rather than exponential.

Permalink Reply by Big Little Oil on April 24, 2013 at 4:28

968 boepd for two wells 90 days in

Permalink Reply by North LA on April 24, 2013 at 4:32

Is that good or bad or so-so?

Permalink Reply by tony allen on May 26, 2013 at 10:55

March numbers are posted Obed. No decline ,it actually ticked up a little on the gas side. The wells must have dropped significantly in April according to the numbers given at the Ist Q presentation.

http://sonlite.dnr.state.la.us/sundown/cart_prod/cart_con_wellinfo2...

 

 

Permalink Reply by obed w odom on May 26, 2013 at 14:53

I saw the March numbers, Tony, and I'm not sure how to interpret them. The MCFD went up 4.2% from Feb to March and then down 12.2% from March to April. The BCPD went down 10.4% from Feb to March and then down 28.0% from March to April. Maybe they opened up the choke a little in March. It will probably take a few more months for us to get a clearer picture of the decline rates, but the gas production seems to be holding up better than the condensate production.

Permalink Reply by obed w odom on May 4, 2013 at 8:16

In their First Quarter 2013 press release of 5/2/2013 (see link given by North LA in another thread of these BD discussions), Southwestern gave the April production from the BML and Doles wells:

BML: 152 BCPD and 1510 MCFD

Doles: 95 BCPD and 1772 MCFD

Combined BML and Doles: 247 BCPD and 3282 MCFD

We still don't know the March production figures, but the above combined figures for April represent a 35.5% decline in BCPD and a 6.55% decline in MCFD from February, or an average decline of 19.7% per month in BCPD and 3.33% per month in MCFD for this 2-month period. Comparing these numbers with the 33% decline in BCPD and 11.7% decline in MCFD from January to February, it seems that the monthly decline rate is already decreasing significantly, which is a good sign. The low decline rate in MCFD looks particularly promising, and SWN said in the webcast yesterday that they remain encouraged by the BML and Doles results.

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