RE:wow pertoexplorer, really...loloilconsultant wrote: wow your last post was so hilarious...LOL
first off research is not making numbers up you silly loser...LOL proof is bauer field has produced a flat 11500-12500 bopd for 4 years now, so where this qtr by qtr numbers comes from is obvious, you made them up, you donut...LOL
then the funny part.... YOU own tbe while it was not drilling any wells and production was in free fall.... yet YOU don't like nwx which is drilling and is growing production... wow you got this all backwards and that is why you are such a dummie and lost every penny here instead of making a huge positive return with nwx... you see that right... how stupid your post is, right... own a dreadful stock like tbe and bash a huge winner like nwx... one drills the other didn't yet you complain about the one that drills..LOL
wow... you are beyond stupid...LOL remarkable how stupid... incredible how stupid..LOL
Oilconsultant, you'd better stop bothering people on this board, or I will come over to the NWX board and start questioning your posts. Then maybe NWX might stop paying you to promote for them, as it seems you aren't doing a good job.
The reason TBE couldn't drill wells, was because of the low oil price, and the bank reigning in every dollar, and extorting even more, with high interest rates. TBE needs to start drilling, and appears to have valid locations, just needs the capital reinjection. (We all need a proper price forecast too.)
I question your intelligence: what I previously posted was actually the production from the Bauer 1 well, that I found online, but you claimed I just made up some numbers:
Quarter Oil Water
1 6300 0
2 4000 2000
3 1500 4000
4 1300 4100
5 1200 4000
6 900 3600
7 700 3500
8 600 3400
Checking what you posted on the NWX site:
"came on early 2012 @ 6500 bopd.... within 32 months flush production fell and was flowing 3000 bopd .... by 2013 flow was 1700 bopd ...... 2014 flow was averaging 800 bopd and was in flat decline 2015 aver was 500 bopd... now we are in a long low flat production profile that should last for decades... of course the well will soon be under 100 bopd... but that is expected... this well has been a monster!"
You can see that my quarterly numbers, aren't far off you stated production. But your math is off, as the well flowed alot less than 3000 bopd after 12 months, not 32 months, like you state. I don't believe your claim that the long low flat production proifle will last for decades. The problem with monster wells is they suck the oil out of the pool, from other wells that are lower structurally.
Anyways, don't bother us on this board, unless you have positive things to say: we are eagerly awaiting some higher oil prices, after the US election gong-show is finished, and the reality sets in that there isn't infinite oil supply, and the US public better get used to paying some higher gasoline prices, in order to maintain the oil supply.