RE:RE:RE:RE:KelvinThanks Teddybull13, I will if they give me a block button. I gotta get rid of the mentally lazy dolts. 100% have no idea of how bte calculates fcf cause they've never read bte's MD&A and don't realize that it may be different from how other companies measure it. So right away any comparison involving metrics involving fcf are like comparing apples, to oranges, to grapes to mangos etc.
Then they create metrics on non-standardized fcf numbers like fcf/ wti comparing companies using that. What good is wti if a companies production is only 50% light crude, 30% heavy crude and 20% natural gas liquids? And what do they do with the gas, the non-liquid production? But we got absolute morons out there on Bloomberg spouting useless metrics that these dolts base their investment decisions on.
Even in the enhanced recovery heavy oil space your fcf/ boe of heavy oil produced depends in a big way to the density and viscosity of the heavy oil. Obviously, in the winter, at minus 30 C that oil is like molasses at surface and you won't produce as much. Plus the well will be down a lot because you'll tear up packing and O-ring seals which you'll need to replace by taking the well offline.
I worked as a production operator as a coop engineering student. North Jedney gas field for PetroCanada and Texaco Cynthia oil field just west of Drayton Valley, Alberta, then 40 years drilling all over the planet after graduation mostly deepwater offshore.
Anyway these guys can stick with their Nuttalls and such who don't know much. I wanna make money.