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Gold/Mining/Energy : ATPG Shareholders
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To: Liam_S who wrote (2844)3/18/2013 11:04:33 PM
From: Kramer382 Recommendations   of 3620
 
The well tested 9000 bopd last august on a 48 hr test. The fact that they got nearly 8000bbls production after 2 days of production is pretty good. During that time period the well is still giving up fluids that have been injected into the formation, seawater in the pipeline etc. That's a pretty decent amount of time for an accurate test and a good estimate of actual flow rates. Essentially, what you want to see in such test is the rate the well produces of course, but also the drawdown in reservoir pressure from the beginning of the test to the end of the test. This information can then be used to calculate the volume of the reservoir. From what I hear pressure data is steady, indicating that the reservoir has a good strong water drive.
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