RE:RE:well decline rates
Thanks, Whitehell. LM-2, 3, and 4 look very steady, but later wells may be declining faster as I read that graph. The reason I ask is in the earnings report: "With the addition of production from the Las Maracas-11 well, on Aug. 12, 2013, the company's production exceeded 6,000 bopd."
With the LM-11 well initially testing at 3600 bopd, I would have expected a bigger jump in production. They averaged 5046 bopd for Q2, so I expected they would be well over 6000 after connecting LM-11. Of course, they don't say by how much they exceeded 6000.