RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Service RigsLid is not completely wrong in all he's saying, e.g. when saying that you don't produce with full open choke. This is something you eventually try during well testing but not during long-term field production. It's just a matter of optimizing field production. Full choke production is normally not the standard, and Lid is right when he say that it is something that companies love to throw in their PR to boost shares and please shareholders. To really see if full open choke production is sustainable you would need to analyse the real well test data - but this is close to be a fairy tale with this PTA's primadonnas.
As per the relationship between reservoir pay (in itself a tough cooky) and pay off, well I'd be very curious to know the foundations of this. Would indeed be very useful to know, although I'm a bit skeptic. But why not, please Lid enlighten us all on this