GREY:RGVNF - Post by User
Comment by
myNEXTmillionon Dec 01, 2010 4:25pm
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Post# 17785789
RE: Still A Mystery
RE: Still A Mystery"Initial testing was performed by the operator using 3/16" choke andshowed the well capable of producing a minimum of 250 thousand cubicfeet per day."
The gas pressure from what I can see is not bad. This is 250 mcf through a hole less that the thickness of a pencil. The well, once put into production may be able to produce 500 mcf per day. They did not test the well using 1/4 inch choke or larger, 'for fear of damaging the sands' on the test.
Also, hydrocarbons were encountered on multiple zones. This is a good start... it seems to be commercially viable for a 15c stock, IMHO.