RE:RE:RE:RE:RE:WHAT HAPPENS NEXT?kcac - Agree w/ your thinking. At Ina, Sean G said 0.2mcf could be a success. Dev is a different beast, so 0.5-0.6mcf would be lower threshold for success. I expect significantly better than this based on high initial rates and high pressures and choke. Moving back to Ina to test to TD seems to make sense but wonder if it's a split cost. If EQI won the coin flip to skip testing the deepest zone at Ina, as operator, VLE still had to agree to that.
kcac1 wrote: The 200k cfd was Sean's quote on various occasions with the idea if you could do a 50 stage HZ at that zone you have a potential 10mm cfd well. I like that number, but like GS's number better if you averaged 500k cfd from a stage that would equate to a potential 20mm cfd HZ.
The main point I am trying to make is that VLE has more than double the deep acreage in Barnarli and will be a 50% partner. To prove up Barnarli adds quite a bit more value to VLE than to only prove up West Thrace where they are a 31.5% partner on just over 30k acres net.
I do know that VLE wanted to go much deeper in Ina for the first frack but were cautioned meaning stopped by EQ due to the very slim chance of an earthquake. Even so, the first or deep frack of Ina was the best, surprising all who were looking forward towards the shallower sweetspots. Apparently some types of natural fractures can make up for tighter rock, would core and the various logs reveal that Ina deep with many fracttures could compare with some large BCGA in China where a certain type of natural fractures more than made up for the very tight rock?
How long would it take them to move back to Ina and attempt to frack much deeper? Even if they elect to frack more at Dev first?