GREY:STPJF - Post by User
Post by
deductionon Nov 15, 2013 11:29am
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Post# 21909906
Production Data - A picture is worth a thousand words
Production Data - A picture is worth a thousand words
And I'm not going to write that many - I wish the company would just publish the well production on a graph so everyone could see it - not just those with industry software like me (and then we could also see the data one month earlier as my data is delayed). Anyway here is some observations based on production up to and including September.
First the good: Pad 102
Starting to look like a real sagd operation. All the wells with the exception of 2P4 are continuing a nice trend up. 2P3 even produced at 433 bbl/d for the month (for those of you who are paying attention we are almost 1/2 way there to full production on this well). It's funny that the worst well is the well beside the best well. Kind of makes you think it is a near wellbore issue (mechanical/plugging) and not a reservoir issue. Average production for the whole pad was 284.8 bbl/d per well even with the one dog.
Now the not so good Pad 101
1P1 is increasing but no huge jumps showing results from the HPSS to my eye. On the other end of the pad on the 1P6 you can see was off line for part of the month for the workover - this is the one I think they saw enouraging results on with Oct production and are now doing workovers on 3 other wells as they mentioned in the update. Lets see next month what we see. The whole pad on average produced 99 bbl/d with the best well being 1P2 at 180.7 bbl/d and the second best 1P5 at 167.8 bbl/d. Basically on this pad we have 4 wells showing slow improvement and 2 wells showing none.
So combine the two pads and we have 3 wells that have not shown improvment based on the data we can see yet. 4 wells showing real sagd potential. 3 wells showing slow improvement that hopefully will accelerate.
Seeing the Sept data I can see why we touched 80 cents. None of the wells have shown a straight line up in improvement- one month of no increases is not a change in trend from the picture I see and you need to see what is happening on a well by well basis.
Good luck to all.
Deduction