RE:RE:RE:RE:March ProductionIt depends on where the company is on the shale threadmill as a whole....
If YGR still at stage it should grow quite easily before growth more of a choppy struggle.
This was always going to be a hard quarter because of the the early poor 2021 wells.
In the shale game...bad wells results dont show instantly...it is about 12 months when that really bites as company isnt getting near 120 BOE a day in year 2 like planned.
I think YGR is doing fine being at production level they are at. I have numbers similar to cliff.
I couldnt tell any hours but I suspect didnt get many days on the 4 new wells.
So just holding near Feb levels is pretty good with not much production contribution from new wells.
West Ferrier wells are still producing nicely and carrying things.
YGR is going to need to drill at a 80% level of wells being good in 2022 to make up for some of those duds in 2021. Its achieavable. By good I mean decent payback period times.
These 4 caroline wells are going to be very key. 2 mile ones so going to be expensive.
I am optimistic they can. Going to need more time to draw any conclusions.
Overertune wrote: So the way they drill, it is normally a lower quarter followed by a higher quarter?