RE:RE:March Production Q1 should be the weekest quarterly growth rate of the year.
- Likely some shut in production while completing the rest of the wells on the big pad.
- The first 3-4 wells in Ferrier were only 50% owned.
- Most of the wells on the big pad were probably cleaning up in late March or into April.
they want to manage spending and drill only 30ish wells, but have also committed to keeping the rig turning for the whole year - those JV wells are one way to do that when the rig is running so well.
Willing to bet Q1 is a tiny bit lower than expected but that current production numbers are stellar.