Post by
timetomake$ on Mar 23, 2011 11:52am
CPG well
The CPG well that you are referring to is 14-7-1-21W4, not really close to BWD 15-35-10-26W4. The production data for this well is based on monthly data, you can't assume that they produced the well every day of the month. Here are the numbers:
Nov 2010 886 bbls oil, 1150 mcf of gas, 252 bbls water
Dec 2010 266 bbls oil, 0 mcf of gas, 287 bbls water
Jan 2011 177 bbls oil, 0 mcf gas, 132 bbls water
From looking at these numbers I don't believe they produced the well 100% every month, just my thoughts.
Also, Shell will have some results out shortly and Nexen to follow
Comment by
brujacman on Mar 23, 2011 1:26pm
Glad you shared that info. I just dug up the same thing just not as quickly. I am starting to think that poster is trying to see whether they can scare some cheap shares up because I believe by the end of this year we will see significant changes in most companies if not all that are involved with this area.GLTA longs
Comment by
timetomake$ on Mar 23, 2011 6:37pm
Also, I heard that CPG had problems with their completion on that well, started frac'ing with Schlum and switched to Calfrac during the completion. I don't think this well is a good representation of the play here.BWD at least has Trent with Legacy doing their frac's, all good :)And my apologies for having the incorrect uwi for BWD 15-25-3-23W4 which is close to the CPG well.
Comment by
Sonny7 on Mar 23, 2011 7:11pm
I wouldn't discount the idea either, that they aren't keeping any production information tight or misleading to others as companies are still searching for land positions in the Alberta Bakken play.
Comment by
403xyz1 on Mar 24, 2011 11:28am
You conveniently forget to acknowledge that LEG is BWD's partner and that puts BWD up a notch in my opinion!