Post by
Frank007 on Sep 26, 2023 10:03pm
25% decline rate …
Sound and fury is trying to get you to sell ...he knows nothing about decline rate ....the true number is for a conventional field between 5 and 7 % .....not 25 % ...some shale field do have a large decline rate but not cpg ....do not get sucked in ....
Comment by
JohnSP on Sep 27, 2023 4:27am
Agree 5-7% annual decline rate for conventional wells, but CPG is now growing into multi-fracced wells in Montney, where they are having great success, albeit with high decline rates. More colour here: https://twitter.com/RealPeterLinder/status/1706638723470016623
Comment by
JohnnyDoe on Sep 27, 2023 6:50am
Their decline rate is actually 27% as noted in their corp presentation, along with the 5 year growth to 180k a day that Moe mentioned