Ann: Southern Cooper Basin Operations Update, page-107

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  1. 69 Posts.
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    I tend to agree with HC sentiment here that STX wont be publishing any flow rates in the quarterly. A few things come to mind:

    Production testing for a very short time approx 60 days with testing being on a very conservative basis
    These wells were not designed to be “commercial” – they were designed to demonstrate they could produce gas to surface
    STX to continue to test on a conservative basis - in other words, any additional flows will be a bonus

    There is a long way to go before we get close to peak flow rates being achieved and with STX not even setting out to achieve that currently, therefore IMO, there won’t be any flow rate data in the quarterly. As we know, conventional CSG wells can take 6 -12 months to dewater before commencement of gas flow and then there can be a long period before peak flow rates are achieved.

    However the early results with limited water production and gas to surface so soon are definitely encouraging!
 
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