RNST RE:UJO26 Aug 2021 14:50
RNSTranslator - 23 Jul 2021 - 11:31:03 - 9570 of 9822 Moderated Union Jack Oil Thread - UJO
Mark Abbot Feb 2015
“… free flowing oil production rates equivalent to 80 barrels of oil per day (“bopd”) were achieved during a 16 hour main flow period along with 47 thousand cubic feet of gas per day”
You’re quoting from the Winfield flags which are not being produced in this well…also from Feb 2015..
“All three zones tested have produced hydrocarbons to surface, with a restricted flowrate of 1.7 mmcfd from the *****tone Flags, free-flowing rates of up to 182 bopd and 0.46 mmcfd from the Wingfield Flags and 80 bopd from the Ashover Grit.”
RNSTranslator - 23 Jul 2021 - 10:49:44 - 9566 of 9822 Moderated Union Jack Oil Thread - UJO
Maxwell
You are talking rubbish.
This formation produced at 80 bbl/day on test, it’s currently producing at about 100 or so. They hope The prop squeeze will take that to 500/day. But this is not guaranteed and to date this formation has never flowed more than 100/day and to suggest it has, is either blatant ramping or you don’t understand what you’re invested in…
I have him on filter, but anyone who makes investment decisions based on his advice will lose money. ROTFLMAO !