Claren Energy Corp T.CEN

RE: RE: RE: For my friend CalifDreaming on in grou

[CalifDreaming]

https://en.wikipedia.org/wiki/Oil_depletion
Wake up kiddo. BNK's field is a prima facie example of a depleted oil field undergoing secondary/tertiary recovery...

Oil field production decline


Typical oil field production curve[citation needed].
Each individual oil well is a portion of a larger fixed area oil field. As with individual wells, discovery and production amounts of oil fields generally average to a similar bell shaped production curve. Eventually, when the field is completely drilled out, a field's production goes into a sharp decline as the average production of its wells enter decline. As this decline levels off, production can continue at relatively low rates. A number of oil fields in the U.S. have been producing for over 100 years.[citation needed]
Oil field production curves can be modified by a number of factors: