Post by
JohnnyDoe on Sep 02, 2021 7:44am
Clearwater question
The September presentation says
To-date, we have de-risked 20 sections and pending further success, believe the play holds the potential for greater than 200 locations
I assume that means drill locations. What doesn't add up in my head is if they potentially have 200 drill locations and can generate an average of 500 barrels a day then Clearwater potentially could produce 100,000 barrels a day.
Am i interpreting that correctly?
Comment by
Bennys65 on Sep 02, 2021 8:19am
Short answer is no.Big upside for the clearwater is waterflood and then poymer flooding using Pelican lake as a model.This is a wonderfull play for bte
Comment by
Hotshot85 on Sep 02, 2021 8:34am
while the declines are not nearly as high as anything you need the Frac, there will still be some decline as well. but i assume if this acreage could sustatine a 10 year life in the rage of 10,000bbl\d while being a cahsflow monster