3000 bpd looks good based on SLK1 but testing gear limitations may cut this back to 1000 if it flows to surface. Market will probably mark sp ,down if it fail to flow to surface or is less than 1000 bpd imo. The foillowing are his observations-
The pipeline takeaway is sized for 22,000 bopd and SLK peaked in 1996 at 20,400 bopd. See slide 8.
Slide 9 shows 15,411 bopd average over 1994 - 2001.
You will notice that DXE's estimated time frame given for 2012, slide 22, wasn't met....
Technical SLK refreshers; link two is more detailed:
Some NFK promotion:
The SLK-1 discovery well produced at over 3,000 bopd. The best well, SLK-4, had even better productivity and alone has produced over 27 million bbl.
The Tunisian Sidi El Kilani Field was discovered by Kuwait Foreign Petroleum Exploration Company (KUFPEC) in 1989 with the successful drilling and completion of SLK-1 well, which tested 3,360 bopd from fractured limestones of the Campanian-Mastrichtian Abiod formation.
Personally, I expect BHN-1 to either not produce to surface, or to be a significant producer of several thousand bopd.
Please note that equipment limitations could restrict rates for the BHN-1 test. IF this be the case, then DXE would state such in any news release. Bigbadoil was the first to postulate this scenario.
From a
"Sunny & Cold" Cowtown,
jwall
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