Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum Southern Pacific Resource Corp STPJF

Southern Pacific Resource Corp. is a Canada-based company, which is engaged in the thermal production of heavy oil in Senlac, Saskatchewan on a property known as STP-Senlac, and thermal production of bitumen on a property located in the Athabasca region of Alberta known as STP-McKay, as well as exploration for and development of in-situ oil sands in the Athabasca region of Alberta. Its STP... see more

GREY:STPJF - Post Discussion

Southern Pacific Resource Corp > I just posted the production graphs for pad 101 and 102
View:
Post by deduction on Jun 10, 2014 12:47pm

I just posted the production graphs for pad 101 and 102

I used Mortimers email - I hope that is okay Nike.

Deduction
Comment by ShatnersRug on Jun 10, 2014 12:57pm
Pad 101Pad 102 Can you provide the legend and the dates that these graphs pertain to please?
Comment by deduction on Jun 10, 2014 1:02pm
I replaced the email with a new copy that has a legend. The wells are by UWI not the names we are used to but they are in order (for instance on pad 101 the first well is 1P1, the second well is 1P2 etc). Op Oil rate is the average of the 6 wells. The time is all production up to April (Month 20). Deduction
Comment by ShatnersRug on Jun 10, 2014 1:06pm
many thanks
Comment by nikehercules on Jun 10, 2014 1:08pm
Deduction: Thanks for uploading this information, it is greatly appreciated! Please feel free to use the Mortimer hotmail account to share any relevant STP information to the group. Take a look at  the sludge/tailing pond photos, quite shocking stuff. However, not shocking enough for me to sell my COS and SU shares. SAGD plants are definately less damaging to the environment. From the air ...more  
Comment by deduction on Jun 10, 2014 3:22pm
I've toured SU from the ground. The scale is truely hard to appreciate from pictures in my opinion. Deduction
Comment by Junit290 on Jun 10, 2014 10:17pm
Deduction, Great graphs. The company stated in March 1P5 average 184 bbl/d but the graph shows it no higher than 165 bbl/d in April. And 2P1 is down around the 545 bbl/d mark at end of april. I'm curious why the graphs show different numbers than actual production values released by management. If anyone has a better analysis please share.  Pad 101 only has 20 months timeline and 102 has ...more  
Comment by deduction on Jun 11, 2014 9:54am
 I'm glad you made me look at what I posted. I noticed I truncated the pad 101 graph so yes the data does look wrong! I think Shatnersrug needs to show me how to put a picture in these posts because I only see linking pics from URL's. I put a new Pad 101 graph in Nike's hotmail account. You can see that pad 101 has actually been running longer. The numbers should look better ...more  
Comment by Junit290 on Jun 11, 2014 2:26pm
Wasn't trying to be critical of your graph, I didn't realize you made them yourself. I wish I was that talented. Looking forward to checking them out. Does it appear to be looking like there is more improvement than the previous graphs?
Comment by Junit290 on Jun 11, 2014 2:32pm
Deduction, so I'm clear. The final peak of the 1p5 well is that the last known production figure? Or does the wells production actually drop down for the next month?  And it appeRs they've shut in most of the other wells? 
Comment by deduction on Jun 11, 2014 5:28pm
no wells are shut in. the data is normalized to start date so they actually staggered the starts which is why the different lenghts of producing time for different wells. All final points on each well is April. Yes production was down for 1p5 to 140 bbl/d and that is the last public poduction number (april). it also had some down time as time on production was 612h for the month so that suggests ...more  
Comment by ShatnersRug on Jun 11, 2014 5:49pm
Are wells 1P2 and 1P4 not currently shut-in?
Comment by Junit290 on Jun 11, 2014 6:00pm
Geez, even if you average out 180 bbl/do at 25.5 producing days, 1p5 still is producing less than the first month which is rather concerning.
Comment by deduction on Jun 11, 2014 6:07pm
Yes - thanks for keeping me honest.