RE:RE:RE:Kawka General Commentswhen you drill less wells, it frees up your staff to focus on other things like cutting costs. I can't believe what a train wreck 7g was by the way you describe things. maybe arx is still tryin to sort it out?
tou made a statement you might find curious. They have stopped GROWING rapidly, stopped buying new assets, and they will now use up the freed up energy and human resource to concentrate on LOWERING COSTS. when you're grwoing you demand more from your service providers and the costs go up, no? that's why service stocks go up in a bull market, no?
it makes sense don't it?
I still have yet to get a good answer why kakwa aint growing in what has to be the best environment for the asset in a almost a decade.
Shaleguy wrote: Growing q aside from the first month after completion does not affect opex. In fact oilfield costs are typically 80 percent fixed so holding q flat or growing actually lowers opex once you have infrastructure in place. As far as completions are concerned testing and flowback before tie in is capitalized. I think this where they made most of the efficiencies. Thank David Holt for this. Under his direction he cleaned house with all operations related positions. Uncut I really enjoy your posts. Meek em coming. Agree with and MHP that Kakwa is a beast.