RE: Answers to Investor Questions1 Dec 2023 08:51
WG,
OK, it is almost certainly "true" as they state "pressure regime change at the plant, AND yes, it is aligned to produced condensates, crap & "liquids" being produced, and YES that is hitting them hard towards the "critical compressor input pressure of 17.5 Barg, so in-part, YES that also by default makes your point valid, BUT, it is ONLY because they are NO LONGER taking out the liquids & unwanted's from B07T before it hits the plant, and YES it is resulting in driving the resulting surface pressure lower up to entry of the compressors, so YES they do need to choke back to reduce those liquids making it to surface, to lift the surface flowing pressure to a working range.
The reality is that they can chose where to reduce liquids from to achieve the blended pressure in the plant, if as they have, SF4 producing most of the water, and a chunk of condy with a much lower free gas production because of that, and you have another well with HIGH free gas flow and moderate liquids, then the logic is it is far better to choke back SF4 with less GAS impact to the daily flow, but a far higher resulting reduction in plant liquids, than to choke back your best free gas producer that gives a much weaker liquids impact and a resulting much lower free gas production.
The only other possibility they would choke back B07T is IF they are still getting contaminated condensates and they have to reduce that quantity to achieve a "saleable" blend at plant, which obviously impacts the gas flow from B07T too.
There are basic field principals in managing what they have, and it isn't guaranteed that adjusting one well gives the impact you expect, sometimes a change at one well then inadvertently disrupts the plant blend in another way.
It isn't necessarily that you are wrong in your point, it is more about the reasons why !!!