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Gold/Mining/Energy : Ultra Petroleum (UPL)
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To: Gerald Atwater who wrote (4100)5/3/1999 10:22:00 AM
From: ISPYOIL  Read Replies (1) of 4851
 
Transient gas flow, the Lance formation is so low in permeability but so thick that the steady state flow is never reached at least on the spacing planned, ie the pressure wave never reaches the edge of the "reservoir limit" at 40 or 80 acres. The point that I make is the higher the initial rate the better as the economic reserves are increased. Essentially except for sizing problem, chokes are NOT a factor. A recent completion by Amoco gives belief that even better and cheaper fracturing and completion techniques are almost certain.
The problems that are technical at Pinedale will be overcome eventually.
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