Lies, damn lies and Hickstistics20 Feb 2018 10:54
Morning Possums,
December Stats as follows :-
Daily average Production in DECEMBER in the year....
2012............ 270bopd
2013.......... 1,556
2014.......... 2,160
2015.......... 1,501
2016...........1,161
2017............ 947
So we are down 18.43% on last year.
This is the first time production has been below 4 figures since 2012.
We are up (slightly) on November - turning the corner? Or a dead crude bounce? I wonder...
Now the more telling MAT figures...
Annual Production for the period from :-
01.01.2012 to 31.12.2012...... 29,812 barrels.
01.01.2013 to 31.12.2013......358,294
01.01.2014 to 31.12.2014......706,319
01.01.2015 to 31.12.2015......654,800
01.01.2016 to 31.12.2016......482,119
01.01.2017 to 31.12.2017..... 405,361
Again a drop - of 15.92% - the lowest % drop of 2017 - so, again, is WF just starting to have a difference?
We will see a clearer picture when Scarlet can work on individual well stats.
But it is possible????
Now the good news for 2017.......... We are still here, still producing, still financed, the POO is a lot different to 1st Jan 2017 and, hopefully, a bit more stable.
Now the bad news for 2017............ Rick is still here, still bull - u know what ing, still getting paid for doing sweet FA.
We will see what gives in the next quarter - but - PLEASE - none of you start saying that winter will have an effect on production - it does NOT....
E&OE.
DYOR.
TTFN (Ta Ta for now - Nursie is taking me out).