Dorados - Back of the envelope calcs After the Sintana NR, I did some research into the Guando oil field discovered in 1999 and the Guando SW discover in Dec 2012. They have a lot of similarities, although Guando is quite a bit shallower.
What it boils down to is that if Dorados is similar to Guando, it will be a huge resource requiring huge development capital. The wells are all low-pressure, low flow (even with highly deviated wells) in the range of 200-500 bbls/day/ THey required water injection to keep the pressure high enough to produce, however for some reason they used progressive cavity pumps ( I think today's technology is quite a bit better - i.e jet pumps or ESPs).
Here is a calculation of what Dorados could contain on a VERY conservative basis:
Assumptions:
200 ft net pay (could be significantly more)
5000 acre aerial closure (midway)
10% porosity (reported to range from 10-15%)
75 % hydrocarbon saturation (i.e 25% water saturation) ... a guess on my part.
30% recovery (a bare minimum)
1.2 shrinkage factor (reasonable for 20 Api)
135 MM bbls recoverable gross.
This does not include the unconventional, which could be much bigger in terms of recoverable.
Loads of potential ... but can they get their act together and drill it properly and get some flow testing done. Will it flow economically?