GREY:STPJF - Post by User
Post by
ShatnersRugon Apr 04, 2014 2:31pm
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Post# 22413095
ICD performance modelling by the numbers
ICD performance modelling by the numbers
I believe I know where the disconnect lies.
Every piece of literature and every scrap of data I have read regarding ICDs involved applying them to established, functional well-pairs. Across the board, the results were favourable, in the 6 to, I believe high teens in added performance/production.
Note that I said "established, functional well-pairs".
The ICDs managed to eke out another 20% [aiming high!] on treated well-pairs. In the case of STP, ICDs were placed on well-pairs that were functionally impaired. Badly.
The results, to date, although limited, tell me that improvement to the well-pairs will be in a greater order of magnitude than those applied to already functional well-pairs. A 100%+ increase on STP's first well-pair adds credence to my theory.
In any case, if you are right, we the shareholders win. If my theory on orders of magnitude proves to be correct, we also win, but in this case, by orders of magnitude. ;)
Best,
Shat