RE:RE:RE:RE:RE:RE:RE:RE:Best of times, worst of timesHere's a table with Q1 and Q2 as well.
Table These estimates are based on 8 wells being completed in Q1, 3 mid Jan, 3 mid Feb and 2 mid March. For Q2 I'm assuming 2 wells coming online Early April and 2 in June. All wells in Cheddar East, using my new TC for this area (IP30 650 boe/d IP90 600, av oil cut 65%)
Im uncertain how many more wells they will drill and complete going forward, given the current oil price and macro environment. Hopefully they can outperform my TC for this area which is based on the 12 wells they have put on production in 37-7.
as you can see in the table, there is no fire works at current commodity prices, perhaps I'm a tad bit conservative on NGL and AECO in Q2.
Happy to hear what you think.
cheers, D