RE: I'm looking at NZ for guidance here I think it's a valid consideration (and yes, it looks like you got yelled at :)
Here´s how I would answer that. Tag has 20 wells. If you look at B3 type curve (in the presentation), you should get to fairly stable rates of around 200 bpd with 10-15% declines per year thereafter. I agree the IP rates shouldn´t be looked at (though the intial flows help pay down drilling costs quicker). So if we assume that the 20 wells are producing at approx 200 bpd (some more, some less), we´re at 4 kboepd. This is a rate that isn´t propped up by high IP rates. And I think they have plenty of lower risk locations to replace the 10-15% decline per year. 5 wells per year or so.