TXN 0.00% 58.0¢ texon petroleum ltd

twilight zone, page-8

  1. 1,370 Posts.
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    robertb, I agree about initial IP statements. I usually see announcements about 24-hour IP rates, not "tests".

    Also, my first thought about the larger (more open) choke was similar -- it allows more flow which makes initial IP look good but doesn't compare apples with apples (where other wells have smaller chokes).

    However, I think pressure also needs to be taken into account here. Eagle 6th had 3200 psi, even with the larger choke, whereas earlier wells had lower psi (some much lower -- around 2000 psi) even with a smaller choke (where smaller chokes maintain higher pressure in the well). So possibly Eagle 6th will be a good producer.
 
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